1min chapter

Startup School by Y Combinator cover image

Startup Finance Pitfalls and How to Avoid Them by Kirsty Nathoo

Startup School by Y Combinator

CHAPTER

How Do You Know if Your Overtime Costs Will Increase?

Most start ups, their expenses will ramp up over time. Hiring people is not just their salary for every person that you hire. You need to provide them with equipment. Undervaluing your own time can make your customer acquisition costs look lower than really they are. If you already have one, great. How much of you know your runway? Slightly less numbered, slightly less hand. But that that's pretty good. I'm impressed. Ok. The next one is under representing your expenses. So if you think back to that am default alive calculator, that assumes that your expenses are going to remain constant. And actually, in reality, that's probably unlikely most start ups,. Their expenses

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