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#302 Napoleon (The Mind of Napoleon)

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The Key to Making a Startup Recession-Proof

Running a business as cheaply as possible is the key to making a startup or any business recession-proof. The most common trait among successful entrepreneurs is their obsession with watching costs. Being frugal and operating on a low budget makes a company harder to kill, as the main cause of startup failure is running out of money. By minimizing expenses, a business can increase its chances of survival. This principle is evident in history, such as Napoleon's strategy of making his army hard to kill. Constantly evaluating whether actions are driven by personal inclination or forced by circumstances is crucial in achieving success, just like Napoleon's constant warfare. Spending time with Napoleon through reading his book is an opportunity to delve into his mind and understand the message he is trying to convey.

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