Podknife - The Benefit of a Hard Reset by Startup Therapy

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The Benefit of a Hard Reset

Podcast |: Startup Therapy
Publisher |: Startups.com
Media Type |: audio
Podknife tags |: Business,; Entrepreneurship,; Health,; Mental Health,; Startups
Categories Via RSS |: Business
Publication Date |: Nov 23, 2020
Episode Duration |: 00:33:04

Description
iTunes Summary

In today’s episode of Startup Therapy Podcast, Wil and Elliot talk about the benefits of a hard reset for a Startup, letting go of liabilities in exchange for a fresh start, and identifying priorities when going through a hard reset.

Listen in to know why a Startup reset can sometimes help save a business!

Sign up for the Startups Newsletter

https://www.startups.com/newsletter

What to Listen For

00:00 Intro
00:47 Benefits of a Startup's hard reset
04:16 Outsourcing based on what may happen
08:19 Part of a hard reset is getting fresh talents to join the team
12:27 With a rest, what does the staff look like?
15:12 Take inventory of the stuff that didn't work
18:20 Businesses walking away from monthly liabilities
22:06 Shred expenses and cut old agreements to reset
25:51 Sometimes, a start over is best to be profitable
27:51 If you're thoughtful, can build a more nimble business
30:01 Some hard events push for a reset, for decisions to be made

Listen in to know why a Startup reset can sometimes help save a business!

Sign up for the Startups Newsletter

https://www.startups.com/newsletter

What to Listen For

00:00 Intro
00:47 Benefits of a Startup's hard reset
04:16 Outsourcing based on what may happen
08:19 Part of a hard reset is getting fresh talents to join the team
12:27 With a rest, what does the staff look like?
15:12 Take inventory of the stuff that didn't work
18:20 Businesses walking away from monthly liabilities
22:06 Shred expenses and cut old agreements to reset
25:51 Sometimes, a start over is best to be profitable
27:51 If you're thoughtful, can build a more nimble business
30:01 Some hard events push for a reset, for decisions to be made

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