The Benefit of a Hard Reset

<p>In today’s episode of Startup Therapy Podcast, Wil and Elliot talk about the benefits of a hard reset for a Startup, letting go of liabilities in exchange for a fresh start, and identifying priorities when going through a hard reset.</p><p> </p><p>Listen in to know why a Startup reset can sometimes help save a business!</p><p><br></p><p><strong>Sign up for the Startups Newsletter</strong></p><p><a href="https://www.startups.com/newsletter"><strong>https://www.startups.com/newsletter</strong></a></p><p><br></p><p><strong>What to Listen For</strong></p><ul> <li>00:00 Intro</li> <li>00:47 Benefits of a Startup's hard reset</li> <li>04:16 Outsourcing based on what may happen</li> <li>08:19 Part of a hard reset is getting fresh talents to join the team</li> <li>12:27 With a rest, what does the staff look like?</li> <li>15:12 Take inventory of the stuff that didn't work</li> <li>18:20 Businesses walking away from monthly liabilities</li> <li>22:06 Shred expenses and cut old agreements to reset</li> <li>25:51 Sometimes, a start over is best to be profitable</li> <li>27:51 If you're thoughtful, can build a more nimble business</li> <li>30:01 Some hard events push for a reset, for decisions to be made</li> </ul>