Alltopstartups
  • Start
  • Grow
  • Market
  • Lead
  • Money
  • Guides
  • Interviews
Pages
  • About
  • Advertise
  • Contact
  • Homepage
  • Resources
  • Submit Your Startup
  • Submit Your Startup Story
AllTopStartups
  • Start
  • Grow
  • Market
  • Lead
  • Money
  • Guides
  • Interviews
85K

Sequoia Capital On Startups Revisited

  • Thomas Oppong
  • Apr 1, 2011
  • 1 minute read

* Start with zero-based budgeting.
* Cutting deeper is the formula to survive, and this is an era of survival of the quickest.
* Make sure you have one year’s worth of cash.
* If you have a product, reduce expenses around it and boost sales. If the product is ready, cut the number of engineers.
* Focus on building the absolutely essential features in your product.
* Be brutal when it comes to marketing — anything that isn’t working, cut it.
* Don’t burn through your cash, for cash is king.
* Cut base salaries on sales people and leverage them with upside.
* Most importantly, be true to yourself.* Cut spending. Cut fat. Preserve capital.
* Throw out the models and spreadsheets, because all assumptions will be wrong.
* Focus on quality.
* Reduce risk.

Courtesy Business Insider

Thomas Oppong

Founder at Alltopstartups and author of Working in The Gig Economy. His work has been featured at Forbes, Business Insider, Entrepreneur, and Inc. Magazine.

Latest on AllTopStartups
View Post

2023 Hiring Guide: 10 Things You Need to Know When Hiring Staff in Thailand

View Post

What To Consider When Choosing An Employee Communications Platform

View Post

Fundhomes: An Easy Way to Invest in Vacation Rental Properties Across the US

Comments are closed.

AllTopStartups
Published by Content Intelligence Media LLC

Input your search keywords and press Enter.