Venture capitalist and ecommerce pioneer, Paul Graham, gives 13 pointers at www.paulgraham.com/13sentences.html including:
“Get Ramen Profitable”… huh? Ramen profitable means a startup makes just enough to pay the founders’ living expenses. It’s not rapid prototyping for business models, but more a way of hacking the investment process.
Once you cross over into ramen profitable, it completely changes your relationship with investors, customers, employees, advisors, and outsiders. It’s also great for morale… especially yours. 
About Wendi McGowan