Back

How much money you think you need to save as reserve fund before starting a startup to survive pre revenue days? Or you think starting as a side hustle with job will work? ( Not suitable for me) Reserve money = food + rent (survival)

Aditya Gururaj Muttagi

Consultant at EXL Se... • 12m

There is no fix formula, It can take 1 month to be profitable or can take 2 years, 12 month expenses is a safe assumption. You will be mentally chilled knowing that you don't have to worry about your personal finance for atleast a year and take better and rational decision for your startup! Good luck

0 replies

More like this

Recommendations from Medial

Sanjay Kadali

 • 

Health Catalyst • 3m

58 expenses added so far in current Month! This is how your Dashboard would look like, and give you visual insights on your spends. Wish I could take a snip of the entire Dashboard. There are few more parameters and visuals that help you track your

See More
0 replies16 likes
2

Sohil

Connecting Remote Ta... • 2m

Big news! I earned ₹15Kfrom YouTube this month, and I’m considering renting a ₹7K/month office to create better-quality videos and also work on my startup, xyz ( Name can't disclose ) – a platform for remote job opportunities. I believe this step wil

See More
0 replies4 likes
Image Description

Comet

#uiux designer #free... • 2m

Take yourself through a financial audit this month, you're only going to improve if you stop hiding from your finances This includes a bare minimum review of your: - Income - Expenses - Savings - Debt - Credit Assess where you're in the red, and w

See More
1 replies3 likes

Azfer Mirza

Product Management • 18d

Ever felt frustrated while submitting work expenses? We’re gathering insights to fix common pain points and make the process smoother & faster. 📝 Take this quick 3-5 min survey and share your experience! Your feedback will help improve the way

See More
0 replies2 likes
Image Description
Image Description

Arcane

○─○─○ • 7m

Is Inaction better? Well, Action bias is a mental error which occurs when we prefer to take action rather than Eat Fivestar(do nothing), even if there’s no proof that action will improve the situation. It’s like an automatic reflex instead of rati

See More
9 replies8 likes
2
Image Description
Image Description

Afifa

"I am the architect ... • 7m

It is critical for everyone, not just professionals in the field—to be informed and vigilant about digital security. But are we asking the right questions? I’ve been thinking a lot about how much we know about staying safe online. Are we asking the

See More
6 replies15 likes
2
Image Description
Image Description

Shubham P

 • 

Self Improvement • 2m

Most startups raise funding from investors in exchange for company shares, and then use that money to pay salaries to their employees, market the product and all. But what if we skipped the middle step? Instead of raising money and giving away share

See More
7 replies15 likes
4

SagX consultant

Corporate governance... • 3m

[This post has been deleted by the creator]

0 replies5 likes

SagX consultant

Corporate governance... • 3m

[This post has been deleted by the creator]

0 replies5 likes
Image Description
Image Description

SHIV DIXIT

CHAIRMAN - BITE INDU... • 2m

💰Learn Start-up Maths —( Concept - 1 )📊 💱 All details about “ REVENUE ” • Whenever someone ask you what is revenue just tell him proudly “ Revenue is the total amount of money a business earns by selling its products to consumers ” • Btw in yo

See More
12 replies29 likes
18

Download the medial app to read full posts, comements and news.