Get rid of half the words on each page, then get rid of half of what’s left.”
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Information is useful only to the extent that you can find it when you need it.
For a non-paginated pad, you can:
Don't get stuck in the process of trying to find the perfect words. Start by drafting something.
Write down a bunch of sentences that relate to the outline you constructed. Then, you can go back and edit, to get rid of everything that doesn’t fit.
• Most important, can the company survive a raid by its creditors? How much cash does the company have? How much debt? What is the debt structure, and how long can it operate in the red while working out its problems without going bankrupt?
• If it’s bankrupt already, then what’s left for ...
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