Next step, of course, would be then to review those must haves and agree with your executive team and your overall team on what the survival plan needs to be. Scrutinize every single dollar spent. And you know, even if it's twenty nine dollars a month, for a sass provider that you're hardly using. Think about if that those twenty nine dollars are best spent with that provider saved. The last thing that comes from doing ah, my point number six is i think you should compare and contrast your new leaner business versus your prior business.
A low-burn rate gives startups the agility they need to succeed and weather unforeseen challenges. Two CEOs join Jason to discuss how founders can make the most of their limited capital. Ben Seidl of Neyborly covers managing burn rate (2:58), Lil Roberts of Xendoo shares the steps needed to maintain financial health, then Jason joins for a Q&A on how to create a slingshot business(48:48), the appropriate level of runway (55:02) & more.