Authored by Dave Berkus, a seasoned entrepreneur and investor acknowledged as “Director of the Year” for early stage businesses by the Forum for Corporate Directors, this book provides thoughtful material to help management and investors gain alignment at the board level upon issues of limited resource allocation toward and beyond breakeven. The book provides tips and describes traps for growing companies, and explores insights into managing for preservation of capital and business growth.
Berkus delves into issues revolving around optimal use of resources such as time, money, relationships, context knowledge and process understanding. He tells real stories of young businesses whose management fell into traps which could have been avoided, and how some extended their runways to make more efficient use of invested funds.
"Extending the Runway is an awesome book. Never have I seen so much mission-critical information crammed into such a compact package... If I were a venture capitalist, I would require entrepreneurs to take (and pass) a course based on this book before I released any funds to them." - Michael O'Daniel, President, WeBuildWinners.com
"I finished reading your book, "Extending the Runway" and found it to be fabulous! It actually changed the way I think about running my company. I keep each of the chapter topics in mind during the day (e.g. "don't run out of money") and evaluate where my company is with respect to each topic. I cycle through and see how much room I have left in each area, then focus on that topic until it is resolved. It's simple enough to keep in your head and eliminates detailed documentation requirements." - James R. Dydo, Ph.D., P.E., GateKey Engineering, Inc.
"I found this book to be very refreshing - as a small, technology business CEO as well as serving as a director of several small companies... This book is truly a professional level book that is intriguing and compelling." - Garrett Kellogg, CEO, United Aerospace, Inc.
"I just wanted to let you know that I enjoyed reading 'Extending the Runway' so much, I just finished my second pass at it." - Leo E. Nacelli, Jr., President, Kando Technologies, Inc.
"Every chapter of 'Extending the Runway' reflects upon the hurdles found in building a business. All entrepreneurs are going to make mistakes. However after reading 'Extending the Runway' they will have the knowledge to help avoid some mistakes, or make them less costly." - Robert Ambrister, CEO, Homeingle.com