A startup runway is similar to how an actual runway allows airplanes to take off and land. It refers to how long your company can survive in the market if the income and expenses remain constant. If a startup doesn’t have enough runway, they risk going out of business before they understand the market they’re looking to serve. Imagine having just developed a great product but being left without the cash required to sell it. Every entrepreneur’s worst nightmare. Lastly, to know more, contact Entrepreneurs Collective.
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