StartupCostCheck Glossary
What is Low-confidence assumptions?
Low-confidence assumptions are cost, timing or sales estimates supported by weak evidence, old prices or hope rather than a current source.
Why it matters
A plan can look precise while resting on numbers that have never been checked. One weak estimate may be harmless, but several can distort both cash needed and runway. Labeling uncertainty shows where one phone call or quote can improve the decision most.
How to use it
- Mark estimates that came from memory or a quick search.
- Replace old prices with current supplier quotes.
- Check first-sale timing against real customer conversations.
- Model a less favorable value when evidence remains weak.
The free StartupCostCheck calls out assumptions that deserve another look. Update the check as stronger prices and timing evidence become available.
Short definitions of the money words behind a safe business start: runway, burn, risk budget, what to buy now and what to delay.
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