Re:Lessons from “The Profit”
by jaggederest on Wednesday April 04, 2018 @11:33AM
(#16755675)
My tongue-in-cheek simple rules:
1. Charge more for your product than the marginal cost to provide it to customers.
2. Get rid of complexity and overhead, streamline systems.
3. Manage your cashflow, I've seen amazing things done with e.g. trade credit, annual subscriptions, etc. to turn a break-even business into a cash-flow-positive business.
1. Charge more for your product than the marginal cost to provide it to customers.
2. Get rid of complexity and overhead, streamline systems.
3. Manage your cashflow, I've seen amazing things done with e.g. trade credit, annual subscriptions, etc. to turn a break-even business into a cash-flow-positive business.