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Mike Rogers
Inflection points require changes. Focus pays. We help you address the right pain points quickly and at lower cognitive load ... so you can keep your momentum when it counts most.
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October 29, 2025
The Moneylender This is the uncomfortable one. The one I learned from that CTO. We did several raises. And under the spotlight, velocity matters more than anything. Imagine a company raising $1m, then $10m, then $100m. Each round meant to last a year. Silly numbers. Doesn’t matter. Stay with me. Now picture this. You’re down to the last $100k of the first raise. 25 working days left. You’re not fixing bugs. You’re not building platform stability. You’re borrowing time. Because in those final 25 days, velocity is everything. And yes, you take the payday loan. Fast. Cheap. Unsafe. Terrible interest rate. You will absolutely pay for this later. But right now? That 25 days might deliver 45 days of output, if you burn it right. It’s frantic. Wasteful. Ugly. And if you land the $10m, you buy the time to clean it up. And if you don’t? You die. No one comes looking for the code. Most leaders don’t talk about it. Many of the best have done it. It’s not reckless. It’s calculated risk, made visible. You cut the deal. Make sure the board agree the terms.
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25 Likes
October 29, 2025
Discussion about this post
Profile picture of Adam Coleman
Adam Coleman
Talent @ Monzo | ex-Deliveroo, Improbable, IKEA Digital
7 days ago
Borrowing time at 200% interest, the unofficial startup strategy manual 🤭
Carol Harrichand
Snr Manager, People Operations at Workday
8 days ago
This resonates Mike Rogers - hope you’re keeping well 😊
Profile picture of Dan Gwalter
Dan Gwalter
Helping (Fractional) Consultants Escape Feast & Famine | Backed by Consulting Experience + a First Client Guarantee | Author of the original guide to Fractional Consulting
8 days ago
I have been put in that position on many occassions and had some of the most "open heart" conversations with CEO's about the true impact of this. Short sighted decision making in favour of immediate gratification is rarely the right answer Quite sadly in almost every instance - when the topic of "actual position" is raised with the key stakeholders - a level of pragmatism is adopted and short cuts (last minute loans in your parlance) are avoided. so my answer is this - focus the energy on creating a transparent relationship on all sides - this negates the need to hide the unfortunate truths and promotes a new level of understanding that will pay dividends very quickly.