The Startup Journey

Mukund Mohan   of Microsoft Accelerator (emphasis mine): There may be tons of reasons, which are all very valid and humane, for you not to take any painful measures. Your first commitment should be towards your people – so do what it takes to help them land on their feet someplace else, but take the necessary actions to ensure that your business will live to fight another day. You owe it to your dream, your passion and your family to give your startup a fighting chance and keep it surviving as long as you can. ...I have been in this situation two times just in the past 3 years. At both times, revenues from a customer suddenly were in jeopardy and I had to take corrective action very quickly. The day we got to know about it, we had to let go of 4 folks in a very close knit team of 7 and the second time let go of 3 people in a smaller team of 6 people. I had to be ruthless about the business since I wanted the company to survive. Without those cuts, the busi...