Your job isn’t about finding the best option anymore — it’s about finding the option that is least bad. Your new religion is now survival, and your new God is called liquidity. So consider these points as a guideline to give you a bit of a direction:
• Dump your 2020 strategy and business plan and take out a blank page
• Stabilize your business operations and supply chain
• Inform customers about business continuity
• Realize that your revenue can (and probably will) get out of your control
• Don’t count on VC funding
• Pull in cash from all sources
• Create a cash-conserving plan through cost-cutting
• Check out government aid programs and talk to other entrepreneurs
• Think about opportunities later
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