Here's 30 years of experience for you: 1. Few business problems can't be solved by more sales. 2. Cut expenses when the storm is approaching, not when you're soaking wet. 3. You can't eat assets or inventory. Don't get emotional about what you own, only about your cash balances. 4. Banks are your friend only when you don't need them. Corollary: One bank for borrowing, one for cash balance accounts. 5. 70 completed ca…
Sales fixes everything. Very hard to learn for engineers and designers often.
Corollary #2 - Nobody cares. You might love your baby (i.e., idea / product / startup) but nobody cares. At all. See Corollary #1 for more details.