A coronavirus survival strategy for your startup
With the Covid-19 virus now a worldwide pandemic, if you’re leading any startup or small business, you have to be asking yourself, “What’s Plan B? And what’s in my lifeboat?”
The questions every startup or small business CEO needs to ask now are:
What’s my burn rate and runway?
What does my new business model look like?
Is this a three-month, one-year, or a three-year problem?
What will my investors do?
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