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Ask HN: How to deal with burning through capital?
I've saved up for a while working at a big tech company and now I'm burning through my savings working on my own startup. Any time I have expenditures I feel awful, especially spending large amounts of money, but I also know these are necessary.
I think fundamentally I don't have a good perspective about money. How should I wrap my mind around this financial situation so that I can stop hesitating on spending?
- markoa 8y agoIt sounds like you don’t have a total budget for your startup, broken down into target spending per month and a deadline when you expect to either get even, raise an investment or quit. Maybe start with that? By having a plan you prevent constantly questioning what to do and leave more energy for creative work.