There are a lot of reasons to kill a startup. Chief among them is that no one wants to be your customer. Another might be that despite how hard you try, you can only be average and not one of the best.
Running out of money is not one of these valid reasons. A broke company is only a temporary condition. There are a million ways to get money to feed your company. Go sell your own brand of cereal to keep the company alive. Go do some consulting. Wait on tables if you have to. So long as you can generate your own money to feed your fledgling dreams, you never have to say die.
Paradoxically, when you raise money from outside investors by selling equity, even though you have more money as a resource than ever before, the clock starts ticking. Now your monthly burn becomes very meaningful. Now you have a board of advisors driving you to make decisions you would have patiently addressed otherwise. And when you run out of cash after raising outside capital, you probably have to say goodbye.
"Never Say die" this words is said to be more inspiring message that we heard from the people that seems to encourage us to strive and to go on for what we believe. Never say Die seems to be so absorbent to our daily lives these words can actually help us strive and inspires us spiritually to go on further to our journey.
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Posted by: Flash video recorder | 01/30/2012 at 07:39 AM
Let me share my experience on this phrase "Never say die". One morning I met a child who failed on his PE examination he is crying that time and I sit beside him and tell that it's okay. I was surprised when his head pulled around and stop crying and tell me those words with a brave face and leave me.
Faith
My blog : http://www.calcultauxinteret.com
Posted by: Faith | 02/26/2012 at 04:27 PM
So long as you can generate your own money to feed your fledgling dreams, you never have to say die.
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