Further, even after receiving funding, founders still need to ensure that their finances are in order.

In the article “How to Manage Personal Finances; Mistakes Founders Make at Various Stages” published in EconomicTimes.IndiaTimes, Srikanth Bhagavat, MD/Principal Adviser of Hexagon Wealth and Co-Director of the Bangalore Founder Institute, gives tips on how to avoid personal financial blunders both before and after a company receives funding.

Prior to receiving funding, entrepreneurs who fund the launch of their own company must pay special attention to their financial stability.

Budget with a Limited Income

With a lack of a steady income, expenses must be budgeted accordingly.

Cut Down on the Luxuries

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