What a comprehensive, practical and useful guide, Jon. I had a diffuse knowledge about what a runway is, but loved that here you delve into the details and give very specific tools to calculate and interpret your own situation. And I thought this is important not only for people that just got fired, but also for anyone starting a business with a limited budget, or in general in a situation where life/income is uncertain.
Saved it for whenever I'm in those kinds of situations, or to recommend it to anyone that might need it. Thank you!
Thanks Oscar! I agree, while knowing your runway is critically important as soon you lose your income, it's something that's always good to know even in good times. Kind of like a vital sign of sorts :)
What a comprehensive, practical and useful guide, Jon. I had a diffuse knowledge about what a runway is, but loved that here you delve into the details and give very specific tools to calculate and interpret your own situation. And I thought this is important not only for people that just got fired, but also for anyone starting a business with a limited budget, or in general in a situation where life/income is uncertain.
Saved it for whenever I'm in those kinds of situations, or to recommend it to anyone that might need it. Thank you!
Thanks Oscar! I agree, while knowing your runway is critically important as soon you lose your income, it's something that's always good to know even in good times. Kind of like a vital sign of sorts :)
Exactly! Constantly checking in on your vitals is key
Great read Jon, super thorough and a good reminder to check those numbers!