Comment on How to Deal with Startup Failure (Reload)Comments−dmor13y$30 million in sales to bankruptcy in 6 months? That's crazy, I didn't realize that was even possible.−wilschroterOP13yIf you get over your toes in operating capital it can absolutely happen. Think about a low margin business where most of the money just flows right back in operating costs. You only need a few months of mistakes to be in serious trouble.
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$30 million in sales to bankruptcy in 6 months? That's crazy, I didn't realize that was even possible.
If you get over your toes in operating capital it can absolutely happen. Think about a low margin business where most of the money just flows right back in operating costs. You only need a few months of mistakes to be in serious trouble.