Community Talk: Pivot to Profitability: How to Refocus Your Startup and Reduce Your Cash Burn

Overview

Venture Café Cambridge
1 Broadway
5th Floor
Cambridge, MA
United States

Thursday, 16 January 2020 - 6:30pm

View Event Page

Details

Building a profitable startup gives you control over your own destiny. You can decide when to fundraise, scale or sell. Profitability creates leverage.  Whether you are bootstrapping your startup or stuck between fundraising rounds, in this session you will learn how to pivot to profitability, focus on the metrics that matter, and build the foundation for profitable, scalable growth. Concepts covered include: 
  • assessing your current situation
  • the intersection of innovation accounting and cash flow
  • actionable vs. vanity metrics
  • rooting out resource draining initiatives
  • making the hard decisions
  • communicating with key stakeholders
  • the impact on your fundraising strategy
  • strategies for improving founder mental health
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Presented by: Eric Ashman, Startup Advisor and Executive Coach

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