The Coronavirus has already had a huge impact, and no doubt is affecting the way that you go about your day to day life.
At the Angel Investment Network, as of Tuesday, we have all started working remotely. One of the things that has been on all our minds is how we can best look after our entrepreneurs who have put so much on the line to make their business happen, and are now finding their businesses under real pressure.
Next week, we plan to introduce our Coronavirus Start up Survival Hub, full of practical tips – from accessing emergency funding to minimising business expenditure and applying for grants. In the mean time, we thought that these resources could be of use:
* Times are about to become tough. How can you manage your costs and get ready for a fall in sales? This guide from Seqouia Capital will help founders plan for the Coronavirus.
* Remember that there will be winners and losers. Look at the predictions here, but also keep in mind that there will be opportunities when things pass.
* Look after your mental health: the meditation app, Calm, is offering free mediation videos.
Finally, our upcoming Angel Investment Network and friends event, is becoming a virtual event. More details to follow shortly.
Above all, stay safe – although times are tough, this will pass.
Onwards.
Drummond & The Angel Investment Network Team