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How To Manage Your Startup Runway

  • Published December 15, 2022 7:14AM UTC
  • Publisher Serena Govender
  • Categories Capital Raising Tips

A depleting runway will kill you⚱️

Running out of cash is the most common reason why startups fail.

Generally, 18-24 months is considered a good healthy runway to give you the time to build traction, launch, commence a raise and plan ahead.

Neglecting to calculate an adequate runway will lead your business in turmoil.

A few tips to manage your runway:

• Reduce your burn rate 🔥

• Prepare for a capital raise 💰

• Plan ahead 🔑

Play it safe 🏃‍♂️

Click here to view the original Linkedin post.

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