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What would you do if your startup face financial crises? Let's discuss on the comments

SHIV DIXIT

CHAIRMAN - BITE INDU... • 10m

Slow down some opretions and cut 20% salary Also don't take your salary and then focus on profitability

2 replies6 likes
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Anonymous
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Almost closed 80% target of a Pre-Series A round with some veteran angels and HNIs Paperwork is on. Now got to fill up the 20%, i.e. 1.6 Crores. Conversations started really slow at first, and tumbled down faster in a delightful way. 😌

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Harsh Varun

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If I'm starting a startup/business and I've enough but limited funds then I should hire people on salary or partner with those people with profit share. Mujhe kis cheej pe focus krna chaiye?

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Venktesh R

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Don’t try to go fast when building a startup. Take it slow and enjoy the process. Fast doesn’t guarantee consistency but being slow and steady does. If you wanna raise funding and flex, that’s a different story 😄

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Perhaps it is a sample bias but I now know 5 people personally who have 15-20 years of experience but are unemployed for 6+ months or took a massive salary cut. 40s are turning out to be hard for a lot of people on the career front.

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