Are you generating cash, or wasting cash? Paul and Florin will try to help you find out for yourself in today's episode.
- getting a business plan
- creating a first model for how your cashflow will work
- going bootstrapped or receiving an investment
- how does your behavior change after you get a lot of money and have much gold at hand?
- what does your time cost?
And many others will follow as you listen to the episode.
Where first time founders usually fail is at tracking their costs and understanding how their cash situation evolves over different periods of time.
Do you remember Eric's idea on Lean Startups: the most iterations you can make BEFORE your money runs out !!! If you don't know WHEN it runs out, you're gonna run out of possible iterations very fast.
The co-hosts will walk through many important things to know and to think about.