Josh Quittner is the consumer technology Editor-In-Chief for TIME Magazine. He recently spoke to the Arkansas Venture Forum and shared his thoughts on how entrepreneurs and firms who support them can weather this current economic "nuclear winter." He presented 12 strategies for success. This week I'll present the first 6. Part 2 next week will outline the second six.
- Have an "immigrant" ethic....be very careful with your money; work tirelessly
- Get cash flow positive NOW
- Outsource and distribute those things that are not essential to you
- Spend smart
- Get hypercompetitive and get aggressive in winning new business and delivering
- Focus on improving essential features, not nice-to-haves
More next week.
