We have a companion blog post for this episode you can read here The episode offers a realistic perspective on achieving a business's first $100,000 in revenue, debunking common entrepreneurial myths often seen on social media. We emphasize that this milestone is typically reached through consistent, often unglamorous, effort like solving a single expensive problem, engaging in numerous sales conversations, and establishing foundational systems. We highlight the importance of trac...
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We have a companion blog post for this episode you can read here The episode offers a realistic perspective on achieving a business's first $100,000 in revenue, debunking common entrepreneurial myths often seen on social media. We emphasize that this milestone is typically reached through consistent, often unglamorous, effort like solving a single expensive problem, engaging in numerous sales conversations, and establishing foundational systems. We highlight the importance of trac...
Burn Rate 101: How Much Runway Does Your Startup Really Have?
Grow Cashflow
7 minutes
5 months ago
Burn Rate 101: How Much Runway Does Your Startup Really Have?
We have a companion blog post for this episode Burn Rate 101: Startup Runway and Cash Flow Mastery This episode offers a comprehensive guide for small business owners and startup founders on understanding and managing their financial longevity. It introduces the critical concepts of burn rate, distinguishing between gross burn (total expenses) and net burn (expenses minus revenue), and explains how to calculate a company's runway, which is the amount of time a business can survive befo...
Grow Cashflow
We have a companion blog post for this episode you can read here The episode offers a realistic perspective on achieving a business's first $100,000 in revenue, debunking common entrepreneurial myths often seen on social media. We emphasize that this milestone is typically reached through consistent, often unglamorous, effort like solving a single expensive problem, engaging in numerous sales conversations, and establishing foundational systems. We highlight the importance of trac...
