How much more likely are entrepreneurs to survive if they look at their financials monthly?

Paul BarnhurstFP&A Expert Empowering Finance Professionals to Excel Everday

Most CEOs forget their runway.

7 Nov 2025 · 0 min

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0:15

Short excerpt from a YouTube discussion (uploaded by Paul Barnhurst) emphasizing the importance of CEOs and entrepreneurs monitoring runway and cash burn. Speaker A stresses that runway should be checked daily; Speaker B cites a study claiming entrepreneurs who review financials monthly are approximately three times more likely to survive as ongoing businesses.

Questions this video answers

Approximately three times more likely (per a study mentioned by Speaker B).

You'd be shocked how many people or entrepreneurs or CEOs don't look at Runway. That should be a very. Especially startups and SMEs. That should be when you wake up every day and you look at your Runway and your cash burn. And these are very key, fundamental things for you to continue to exist.
It is really amazing. I saw a study that said if entrepreneurs look at their financials monthly, which you think automatically they're looking at monthly, something like they're three times more likely to survive as an ongoing business.