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Prompt: Lean Budgeting Techniques for Startups

Guide startup founders through the implementation of lean budgeting techniques, providing actionable steps and strategies. Explain how to set clear financial priorities, identify and minimize non-essential expenditures, and establish a process for iterative budget reviews. Include practical examples, tools, or frameworks that can aid in tracking expenses, forecasting cash flow, and making data-driven financial decisions. Discuss common challenges and solutions in maintaining a lean budget while driving growth and innovation.