Frugality is essential for startups; you want to launch quickly and at minimal cost to avoid wasting time and resources.

Frugality is essential for startups; a good indicator of success is the input to output ratio, meaning you should aim to achieve more with less.

Frugality is essential for startups; the best indicator of success is a high input-to-output ratio, where you achieve more with less.

The best startups practice extreme frugality, which helps them maintain a healthy culture and financial independence, while also being incredibly focused on one or two critical tasks and executing them with intensity, leading to rapid progress week over week.

It's important to maintain frugality and avoid the unconscious pressure to overspend after raising funds, as this can lead to a bloated company structure and increased financial demands. To successfully scale a startup, you need to raise money while maintaining discipline, scrappiness, and frugality.

Founders should be proactive in making tough decisions to steer their startups towards profitability, rather than relying on external pressures or advice.

Investors should maintain a supportive role, helping founders navigate challenges rather than prioritizing their own interests, which can lead to detrimental outcomes for the startup.

Investors can help guide startups by encouraging transparency about financial metrics like runway and burn rate, which are essential for maintaining focus and discipline.

In the current economic climate, startups need to hire even more slowly and be cautious about their growth strategies to ensure sustainability.