The Open Guide to Startup Fundraising

• if a startup has a million dollars in the bank and spends $100k per month, its runway is 10 months. 
• Based on this definition, the "runway" can be extended in two ways: by reducing costs or raising additional funding.
• However, Eric Ries suggests defining the runway in a diffe...

Likeable people let the other person guide when it’s the right time for them to open up.

Avoid sharing personal problems and confessions too quickly.

Open-ended tasks are any tasks that don't have a definite endpoint. Activities like "studying", "working" or "tweaking" waste your time and cause procrastination. "I should really study" is open-ended because it does not have a specific to-do list to learn the material.