How to stop your start-up from burning limited cash

Determine your cash runway. PHOTO | SHUTTERSTOCK

No one starts a business to fail. Yet it is a gamble: you never know whether your idea is just what the market is looking for at the minute, or if it is a delusional idea that will never catch on. This is the heart of what it means to be an entrepreneur: that willingness to take on an element of risk.

When I first committed to running a business fulltime, I knew it was going to take time before it started paying me. It is said — business requires patience.

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Note: The results are not exact but very close to the actual.