6. Staying Lean
1. LOW BURN CULTURE (2:29)
Importance of Keeping Long Runway
Cheap vs. Frugal
2. RAISING MONEY (13:09)
Raise with a Plan to have 18 – 24 months of Runway
Begin Raising with 6 Months of Runway
3. HIRING HACKS FOR LONGER RUNWAY (17:25)
Trading Equity for Salary
Founder’s Salary
Remote Colleagues
4. FIRE FAST (26:08)
Hiring is imperfect. Accept it.
Keep an eye out for early warning signs
5. BUILDING HACKS FOR LONGER RUNWAY (33:07)
Utilize existing technologies
Not everything needs a developer!
6. DECISION HACKS FOR LONGER RUNWAY (37:47)
Find the fastest, cheapest way to validate your hypothesis
Avoid the common money pits
7. WHEN S!$% DOESN’T GO WELL (48:13)
Examine every cost with an investor or founder friend
Take care of yourself