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How can I balance my cashflow and my product development?

Unless you have a regular source of income that covers all of your product development spendings, you'll have to continuously make sure you don't overspend. This has hard consequences: postpone work that isn't top priority, be frugal when dealing with salaries, focus on revenue growth instead of quality. Bootstrapping a startup requires to make hard choices to preserve your cashflow! Cashflow is king for most startups: even if you hand team problems skilfully, maintain a upbeat pace compared to competitors, money problems are still able to kill your business relatively quickly. One way of handling this is to have several regular revenue streams that make it possible to invest in building a quality product over time even if you don't get any funding. Stable resources are the key to a sustainable product roadmap!
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Why should youth be more careful and elderly take more risks?

Youth are known to be foolish and the elderly to be averse to risk... Why do we take fewer risks as we get older ? Come on, Victoria, let's get this plane up in the air, we're covered by bullet proof insurance! The older we grow, the more security we get: financially, through life insurance... So that should give us more reassurance to invest into risky business. Youth on the contrary are right to take risks, for all the good things it brings, yet should be wary of not loosing more that they win. Be careful in your decisions then go for it and make it happen. Remember the older you get the more you should take risks.
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New business idea: best wishes, the right words for the right occasion

Not easy to know what to write, get someone else's hand for it Project Best wishes Description Finding the right words for the right occasion isn't easy, taking into account people's sensitivity, the context and your relationship. Best wishes is an app that suggests personalised messages to keep in touch with people you like. Answer a few questions about the person, gender, tastes, children.. And get some suggestions from experts. Target audience This app's great for people facing occasions like birthdays, family events but also sadder ones like funerals. Revenues The app's free and extra services are paid: formal letter sent, dedicated text written. Strategy The right words aren't always easy to find, so get some help to get the right effect. Effective communication makes a difference, so results are expected early if the project is working successfully.
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