Combine a low burn rate with no debt and a pile of cash, and you have the recipe for a long sustained push at a new product or service.
Just spot on. I try and tell this to wannabe entrepreneurs and get scoffed at 99/100 times.
Combine a low burn rate with no debt and a pile of cash, and you have the recipe for a long sustained push at a new product or service.
Just spot on. I try and tell this to wannabe entrepreneurs and get scoffed at 99/100 times.
