Which of these is a bigger FINANCE problem for founders?
Kayode Odeleye
8 replies
Replies
Mei@thisismeihere
It depends on what stage you're at. Every founder faces both issues.
Share
Founders often face the challenge of managing cash flow, which is one of the biggest financial problems they can face.
Cash flow problems can arise from not having enough cash on hand to pay bills, or from not being able to collect payments from customers quickly enough. This can lead to problems with debtors, suppliers, and the government.
Without the specific options to compare, it's challenging to provide a concrete answer. However, generally speaking, cash flow management and capital raising often stand out as significant financial challenges for startup founders.
When it comes to finance problems for founders, both raising capital and managing capital can be significant challenges. However, during an economic recession, managing capital becomes even more critical. With limited resources and uncertain market conditions, founders must carefully allocate and optimize their capital to sustain their operations.
Despite the negatives, an economic recession also presents opportunities for growth and innovation. It's crucial for founders to stay proactive, adapt their strategies, and identify new avenues for success.
https://jetsoftpro.com/blog/how-...
Who Wants to Be a Unicorn (Unicorn Game)
@t_vdovychenko thanks for sharing the resource. I agree completely that a recession in particular means founders need to think carefully how they spend
It's counter intuitive though. you'd think "just give me the money" and I'll be fine but a lot of times one can do more with less
Neverinstall
I think managing the capital is a unique skill. So I will choose that.