As an executive, how do you plan to keep your team and company Afloat and reduce panic during hardtimes? Startup and SMEs might find it more difficult to navigate unforseeable setbacks such as how to survive Coronavirus. Sequoia Capital has been a financial partner of Silicon Valley for decades, helping fund many companies such as Apple, Google and Instagram. Back in 2008, as the financial crisis was starting to have a negative effect on the economy, the VC firm sent out a presentation titled “R.I.P. Good Times” to the founders and CEOs in its network with the intention of preparing them for what was to come. Today, the big topic is how to survive coronavirus. Amidst Coronavirus alarms in 2020, Sequioa Capital has once again reiterated the best way for startups and SMEs to scale through.
Top 3 Tips To Survive Coronavirus As A Startup In 2020:
- Don’t dream of raising capital. Preserve CASH.
- Cut expenses significantly. Top 2 Areas to limit spending on are Marketing/Advertising and Capital Investments.
- Plan and Prepare for the worst yet limit fears and hope for the best.
Push Your Dreams 2020
“Push Your Dreams” is an Electronic Non-Fiction Book of inspiring and powerful educational extracts authored by Olatorera Oniru. “Push Your Dreams” has 365 pages filled with powerful sparks to help you grow fast into an influential master of business and life. Available now on Olatorera.com and on Amazon.com.
About Olatorera Consultancy (OC):
Olatorera Consultancy is a modernistic venture combining deeply-rooted knowledge on Africa’s culture and challenges plus close relationships with topmost leaders to promote development. We provide consultancy, business development and advisory services to notable companies and high net-worth individuals.