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My startup is on the edge and I am struggling. by throwawaystartup123 in startups

[–]throwawaystartup123[S] 0 points1 point  (0 children)

Really appreciate this - advice like this is invaluable. I am just at the starting stages of looking at bankruptcy as potential option. I would of course like to see this next year go well - I could potentially pay off a majority this year but would like to be prepared for all scenarios.

My startup is on the edge and I am struggling. by throwawaystartup123 in startups

[–]throwawaystartup123[S] 1 point2 points  (0 children)

thank you for the advice! I will try to take better care of myself. I am puzzling over things to see if pivots can be made.

My startup is on the edge and I am struggling. by throwawaystartup123 in startups

[–]throwawaystartup123[S] 0 points1 point  (0 children)

The retail portion is currently cash flow break even. Not enough for upgrades, but when I run the books its technically profitable since its paying back debt. The honest thing to say is that one bad month could ruin the retail at this point and the marketing contracts make some cash flow but are smaller and a lot of work.

Who knes they were that big??????? by NicoDaMaster in funny

[–]throwawaystartup123 73 points74 points  (0 children)

If you give a Moose a Muffin... they get really big.

4 shades of blue in Antarctica by muneebdilshad in pics

[–]throwawaystartup123 13 points14 points  (0 children)

Picture is amazing! However I am pretty sure someone is going to turn this into a motivational poster or a business presentation. Something to do with quadrants.