PROBLEM: STARTUP DEPRESSION
- Most of you have read articles on the “startup depression” by Jason Calacanis, Fred Wilson, etc… and they are right for the most part.
SOLUTION: GET LEAN
- Move out the posh, super modern offices and go back to your beginning (aka your garage).
- Cut out those expensive “wine & dine” events for your buddies on the company tab. Remember the days back in college or the garage where it was just pizza, programming and beer?
- CxO’s, instead of firing your people to lean up, cut your own salaries. Sell your kickass Mercedez or BMW company SUVs and get Honda. You can survive on less, your employees that work their butts off to make you successful and they need that job.
As the founder of two upcoming tech startups, and on the board of a third; that are all still in the garage mode (no financing, just prototypes and dreams). We have nothing to lose and everything to gain, even in a bad market, and once things smooth out for the economy we will be in the position to capitalize.
Good post!
Link for you:
http://www.newsadvance.com/lna/news/local/article/lynchburg_economic_conference_shows_area_has_strong_points/9388/
Covers the economic outlook for Lynchburg.
Hey what a blog,,,so you take any donations?
yup…startup depression… i hate it