Knowing When to Quit

As a serial entrepreneur, I found this Knowing When to Quit very useful. I advise new startups regularly and sometimes I give them this same speech that Jim wrote about:

If you still can’t raise the money you need to fund your business, it’s time to decide if you should stay in the game or throw in the towel.

Jim’s advice is useful not only for entreprenuers but also for intrapreneurs (people starting projects within their own firms).