Tightening Operations, Finding Funding and Staying Optimistic in a Crisis
We’ve compiled a list of resources that we’ve found useful to companies working through the crisis.
On tightening operations:
Two proactive measures to audit costs today.
Gumroad founder Sahil Lavingia explains how his company went from burning $350,000 per month to earning $10,000 a month in 2015. Full essay here.
How to run a tight ship at an enterprise business. (H/T Femstreet.)
Why you should invest in your brand during a downturn.
A guide to customer retention.
Getting smart about tax season.
How to claim the $250,000 R&D tax credit.
HR guidelines on responding to coronavirus.
Advice on cash management. More here.
Kick sales into high gear with Workbench’s definitive guide.
Save money on PR. Haus’ Helena Price Hambrecht shares DIY PR advice. [30:21]
Remember your why.
5 strategies to reduce anxiety.
How to re-align your brand with current events.
On funding:
Pre-Apply for the Paycheck Protection Program with Rho.
The U.S. Department of Commerce has a list of resources for loans, credit, and more.
New York City is offering interest free loans for businesses with fewer than 100 employees.
The U.S. Small Business Administration is offering low-interest federal disaster loans in all U.S. states.
A comprehensive list of private and public relief efforts, from Amazon to Uber.
American Express is offering delayed, interest free extensions for small businesses. Mark Suster at UpfrontVC shares his deck: “Funding in the time of coronavirus.”
A list of the best accelerators and incubators outside San Francisco.
A list of alternative funding sources beyond VC, and what you need to know about those sources.
How to bootstrap to 8 figure revenue in three years.
On working remotely:
A list of SaaS providers with discounts and perks for startups.
A list of free software for the next two months, from Adobe to Zoom.
Free news subscriptions through the New York Public Library.
60 days of free WiFi from Comcast, Charter and AT&T.
On optimism:
Paul Graham’s 2008 essay: “Why to Start a Startup in a Bad Economy.”
Warren Buffett’s 2008 letter: “Buy American. I Am.”
On helping others:
In NYC, Spacious founder Preston Pesek is collecting laptops to donate to students who may not have them, in order to learn while at home.
Lifeforce In Later Years is organizing grocery trips for the elderly in NYC. Ever thought about teaching? Outschool needs 5,000 teachers. Sign up to help.
Donate to the Meals on Wheels emergency response fund.
For those with engineering skills, Sam Altman is highlighting projects that need help. So is Microsoft’s Frank Denbow.
Cash donations to food banks are being asked for across the country. A little help goes a long way. Resources here.
