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That's a great read. I'm flabbergasted that founders don't model their expected finances. I mean, Jesus, what are they thinking? How, then, do they make deci
by dhimes 10y ago
That's a great read. I'm flabbergasted that founders don't model their expected finances. I mean, Jesus, what are they thinking? How, then, do they make decisions?
Even if the model turns out to be grossly incorrect at least you get some idea of critical factors and milestones. And, it's fun! So you update it regularly. Here we are nearing the end of Q2....
- the_watcher 10y agoMany founders have never had to do anything remotely like running a business. Particularly when they started the company more to build something they wish existed than to make crazy amounts of money.