Year-End Planning for Startup Success | Startup Finance Basics w/ Kruze's Scott Orn

All right everybody, welcome back to this week in startups. I do a little thing here on the show called Startup Basics. Why do I do this? And I do it every year. Well, the basic things that startups have to get right are critically important.

And if they don't get them right, you know, everything can blow up. It's kind of like not checking your air tire pressure or changing the brakes on your car, changing the oil. You know, somebody gets pulled over to the side of the road, their car blows up, and they're like, what happened? It's like, did you see the engine light was on the whole time? And they're like, yeah, I was wondering what that meant.

I'm like, you see the low oil sign? They're like, yeah, I wondered what that meant. It means you have low oil, you had to get the engine checked. You didn't do it, you blew up the engine. Now the whole startup needs to be repaired, etc.

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