survive
09
Mar
Five ways to survive a downturn
There’s a presentation I’ve given a number of times titled “Why Startups Fail”, it has 3 slides:
- Do what ever it takes
- Focus
- Remember the Exit
I was describing recently to a friend of mine and it occurred to me that some of the lessons I have learned over years working with startups might apply in downturns. So here they are, 5 ways to survive downturns:
1. Do whatever it takes
It seems simple and trite to say “do whatever it takes”, but I am constantly amazed that people won’t do whatever it takes. Whatever it takes means literally whatever it takes, and it is hard to do. Read more…