As a start-up entrepreneur you should look at you own personal lifestyle and expenses. You don’t have a regular income as a start-up entrepreneur as you do when in full-time employment. Therefore, it’s always a good idea to look at how you spend money in your private life.
This is interconnected to the success of your start-up. Remember that you are the most important part of your start-up. Like your start-up’s cash burn, you own personal cash burn is critical to how long you can work on your start-up before you have to give up and return to employment.
Being lean means more than just saving money in your start-up. It means taking a holistic approach to keeping costs to a minimum in both your business and personal life.