When I have my lunch at TheCodeFactory I like to grab a seat by one of the windows and take the time to read a bit of “Founders at Work” by Jessica Livingston. This is a great book with interviews of some of the greatest start-up founders recounting their recollections of the early days. Anywho, the other day I decided to read the foreward in the book. What a great read.

Here is a quote I wanted to share:
“Apparently sprinters reach their highest speed right out of the blocks, and spend the rest of the race slowing down. the winners slow down the least. It’s that way with start-ups too.”

This is probably a great metaphor for cash conservation and burn rate. Maximize cash conservation and minimize burn rate to have a successful race.

Ian Graham

Filed under: Commercialization, Entrepreneurship, Innovation, Ottawa, Start-up, The Code Factory by Ian
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