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The COVID19 pandemic continues to spread. Preventive measures taken by the government and industry are already having widespread effects. There are concerns around supply-side disruptions, including staff productivity losses, supply-chain dysfunction, and facility closures or the foreseeable future. These shocks and lockdown are set to hamstringing global commerce.
Remember surviving coronavirus is a priority and that will bolster the immune system for the future of startups.
What can startups do? Prioritizing revenue over growth, keeping liquidity for eventualities and cost reduction are some of the obvious measures. Appraisals redesign for employees and milestones in a way that can provide operational and financial security need also be in the anvil. Finally, is there an opportunity?
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