The article link I have at the bottom is mostly why Sequoia Capital is very down about the current economy. Kinda of depressing. I wouldn’t recommend reading it.
However, one slide out of 50+ slides is helpful. Here are the bullet points. I think the heavy commissioned sales structure is a good idea.
- Perform Situation Analysis
- Adapt Quickly
- Use a zero-based budgeting approach
- Make cuts
- Review Salaries
- Employ a heavily commissioned sales structure
- Bolster balance sheets
- Become cash flow positive as soon as possible
- Spend every dollar as if it were your last
Tech Trader Daily – Barron’s Online : Sequoia Capital Warns: The Dark Ages Are Here.
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