In this episode of RRE POV, hosts Will and Raju delve into the crucial strategies for effectively managing organizational burn. While securing substantial funding may seem like a major win, it’s important to remember that resources are finite. This discussion focuses on optimizing the use of capital during the early "tinkering" and product development phases. Additionally, they share insights on recognizing when burn rates are unsustainable and the steps required to realign your financial strategy for long-term success.Show Highlights (00:00) Introduction(00:44) Managing burn as a company(03:59) The importance of the “tinkering phase” when it comes to your budget(08:25) Remaining financially disciplined during the product phase(12:25) Warning signs that you’re starting to burn too much(19:14) What do you do once you’ve burnt too much(27:19) Tips to getting around burn management(33:56) Gatling gun segmentLinksRRE POV Website: https://rre.com/rrepovX: @RREApple Podcasts: https://podcasts.apple.com/us/podcast/rre-pov/id1719689131

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