Runway = cash on hand ÷ monthly burn. If you have $200K and burn $25K/mo, you have 8 months.
- Three rules:
- Always know your runway to the day.
- Below 6 months? Stop hiring, start fundraising or cut now.
- Below 3 months? You're already late.
Founders die from running out of cash, not from bad ideas.
Next action
Turn the lesson into work.
Pick one concrete next step now, while the context is still fresh.