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Figure out break even. Cut costs until you’re there. Do it quickly and decisively and take the absolute best care of your team you can under the circumstances.
by digitaltrees 7y ago
Figure out break even. Cut costs until you’re there. Do it quickly and decisively and take the absolute best care of your team you can under the circumstances.
- taneq 7y agoYes to break-even (this is the whole goal of 'ramen profitability') but also don't neglect finding new revenue sources. And that doesn't just mean 'hustle harder' - maybe you can find a side market, or do some consulting on the side, or something.
- digitaltrees 7y agoAt a time like this, spinning up new revenue is a luxury that time does not afford. Get to a sustainable burn rate then grow from a new foundation.