Keep financial discipline after success

A completed sale or funding round can create relief. That relief can also encourage unnecessary commitments. Continue asking what each expense will change. Connect spending to the purpose that justified obtaining the money.

A cautious spender may need to learn when to invest. A generous spender may need stricter limits. Understand which tendency you bring to the company. The right balance depends on the business model and its stage.

Personal stability matters too. When the business can afford it, agree reasonable founder compensation. Avoid unnecessary distress that weakens judgment. Do not take resources that the company still needs to keep its commitments.