Episode 87 - Knowing When to Shut Down

Startup Confidential

English - February 01, 2023 08:00 - 10 minutes - 7.19 MB - ★★★★★ - 64 ratings
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Previous Episode: Episode 86 - Finance Your Strategy, Not the Other Way Around

Next Episode: Episode 88 - Alienation Breeds Resilience That Bends the Odds In Your Favor

This is something founders don't discuss openly enough. There are toxic upper limits to survival for early-stage consumer brands. You should know them if you need to pull the fire alarm rope and get yourself to financial and emotional safety. Remember, entrepreneurship is still a choice, not a prison sentence. Don't let the psychology of sunk costs create a bigger problem for you and your family.

Your Host: Dr. James F. Richardson of Premium Growth Solutions, LLC www.premiumgrowthsolutions.com

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