Post on Medial

Just sell the company to a big company who is already doing this business and yaa convince them to give you some shares in the company like 15 or 20 percent and with that money go do something else😬

That's why Profitability and keeping cash flow is necessary in business specially in those with longer business cycle.... For solution these steps can be followed - 1. Cutting all unnecessary expenses 2. Asking for some funds to sustain current operations from family or friends (it's not bad in crucial times) 3. Focusing more on growing organic marketing , that really helps a lot 4. Suspending rapid expansion and managing current one to make it profitable....

That's why I always prefer emergency funds and my business always have 6-7 months runways so that situation never happened in my leadership but if happens then I will definitely prefer my plan b for tackle this because I always prefer to check all the possibilities and situation. Step 1 - cut 50% salary Step 2 - cut offers Step 3 - sell some family assets Step 4 - move towards profitability Step 5 - slow down some expanding plans Step 6 - start market analysis and Competition strategies Anyday I become profitable if that situation happens with me

Step 1 is almost certainly figuring out extensions of your cash runway - could you take on short-term debt, bring in a new investor for a smaller round

If i was the founder or in the operations team, I’d basically convince the team to bring a social angle to our business so that, it can go viral with less monetary push. Collaborate with local vegetable sellers, get them into the distribution cycle, market it. I’m sure, with the traction, gained from this, if executed well, logistics wise, there a good chance to get funded.

Apply for a loan to manage this situation. Secondly, reduce the expense and will delay all the expanding plans.