Essay · ~1,200 words, about a 6 minute read
Ramen Profitable
Paul Graham · paulgraham.com Free Beginner
This is the sharpest short answer to the real fear behind the question: how do I not go broke funding this. Graham reframes the goal away from a big pile of savings and toward covering just your own living costs so you stop needing outside money to survive. Read it as a starting point for setting your own personal floor, not as a rule about exact rupee amounts.
- The milestone that actually protects you is when the business covers your personal living expenses, not when you have raised a big round.
- Once you are not dependent on the next cheque, you negotiate from strength: investors who know you are desperate will price that in.
- Keeping your own burn low (yours, not just the company's) is what buys you the room to say no.