How should one be successful in handling money in a startup company?
How to handle money in a Startup
- Guard it like oxygen
- Always ask is this really needed for us to survive?
- Don’t spend a dime on something that does not grow the company.
- Cash reserves allow you to make a mistake and survive.
- Don’t assume your company will make money as fast as you think.
- Don’t take lines of credit (credit is just like cash)
