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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, str
by jaggederest 9y ago
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.