
Picture: Carsten Schertzer / Flickr
Some years ago, I developed a metaphor to explain to entrepreneurs how important it is to plan the financial needs properly.
In my opinion, creating an innovative company is like having a tub full of water. The water is like the company’s money, the initial financing which makes the start-up activity possible.
At the moment of creation, it is as if the plug was taken away and the tub begins to drain. Continue Reading…