If you’re in a position of responsibility in any organisation – a business or department of a business, a social club, a non-profit – it… Read More »Resource: Martin Blais / Beancount on the double entry counting method (bookkeeping)
This is an extract from an excellent interview with Donald Lobo on Deval Sanghavi‘s No Cost Extension podcast at Dasra. Recommended. Deval Sanghavi: I think… Read More »Donald Lobo and Deval Sanghavi on unrestricted donations
Startups are (by necessity) filled with generalists; big companies are filled with specialists. People underestimate how effective a generalist can be at things which are… Read More »Congratulations, you’re the legal department
This article – about the tragic death of James Le Mesurier, co-founder of The Mayday Rescue (also known as The White Helmets) – is both… Read More »Article: The Guardian Long Read on The White Helmets
Taking responsibility means that you commit to doing what’s necessary to make something happen – and that you pay for your mistakes. We are often… Read More »Responsibility: who pays?
As your organisation grows you’ll discover yourself passing through awkward, vulnerable seeming inbetween stages, like when you’re… Too big to operate out of your house… Read More »The next shell up
If you’re trying to work out your next step for your career or organisation, you could do worse than thinking about these things:
Of course, efficiency is a virtue. Waste is… wasteful, makes everyone worse at their jobs, and reduces the number of possibilities open to you and… Read More »Burn rate (4): black beans and rice (or: cutting costs for a longer runway)
Given the formula [available cash / (income – expenditure), there are two obvious ways to extend your organisation’s life: you can increase income (revenue) or… Read More »Burn rate (3): revenue first (better before cheaper)
Startups with huge burn rates – building leases, staff, PR and advertising – ran out of money. Most startups born in the bubble died in… Read More »Burn rate (2): stayin’ alive