Of course, all across the US, crossroads, villages,
and towns up to the largest cities, millions of US
entrepreneurs, often sole proprietors, have to make
money enough to pay suppliers, the rent, taxes,
insurance, the bookkeeper, the accountant, the
lawyer, employees, and take money enough home to
support the family, the cable bill, the wireless
bill, for dear wife, a late model SUV for her work
as family taxi, the groceries, the home furnishings,
and the lawn service, for junior, running shoes, a
bicycle, a computer, and school clothes, for dear
perfect, precious daughter, violin strings, a new
iPhone 6, new school clothes, new dress up clothes,
white furniture for her bedroom, a new prom dress,
and save for college, retirement, etc.<p>So, millions of sole proprietors do that.<p>So, maybe it's not too much to ask of venture funded
entrepreneurs to do similar 'budgeting'.<p>Still, it can be easy for such entrepreneurs to be
fooled by venture firm Web sites that emphasize that
they have been in the shoes of entrepreneurs and
know what they are going through, are committed to
their entrepreneurs, through good times and bad,
through thick and thin, etc.<p>Still, the the importance of planning is old: In
early aviation too many smoking holes taught the
possibilities of head winds, bad weather, and
mechanical problems and, thus, the importance of
flight planning reserve fuel, alternate
destinations, at least two of radios, each of the
fire wall instruments, etc.