Living Entrepreneurship Blog / Babson Entrepreneurs

Not Enough Money

What to do when your startup doesn’t have enough money? I mean, that’s sort of like asking, what do you do when your startup….. (fill in blank here)?

Not having enough money is a perpetual problem.

Unless you get an infusion of capital from Angels or VCs, you will probably have an issue with cash constantly. But even if you get an infusion of capital, you will still likely run into the same problems, only on a bigger scale because you are allocated funds from investors towards specific purposes, but there usually isn’t a lot of room for the funds to be used for discretionary use or for reiteration on a campaign or project.

While we make made-to-measure dress shirts that are made-to-order, and fund the cost of each custom dress shirt with the revenue we receive from your purchase, there are a lot of factors at play that we can’t fully discuss, which mess with us being cash-flow positive at all times.

There is never enough money for all the things you want and all the things your business needs. But you just have to maximize your resources and properly allocate them so that you get the biggest bang for your buck.

But hey, if you have some extra cash, buy men’s dress shirts from us, you won’t regret it.