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> ...that have hindered me in the past, like being stingy/cheap... Being stingy/cheap is not bad in itself. You just need to know when to be that way. Sometime
by _448 4y ago
> ...that have hindered me in the past, like being stingy/cheap...
Being stingy/cheap is not bad in itself. You just need to know when to be that way. Sometimes in business you do need to make big ticket expense. Just not regularly.
If you are bootstrapped then the only option is to make your customers pay. Otherwise there are the two 'F'(Family and Friends) from the three 'F'(Family, Friends and Fools). But I personally won't recommend that as it could spoil the relationships.
One method, which not many people talk about, to make your customers pay is to give them rebates for purchase and discount for payments. Once that equation is set then hiring becomes easy; and the compensation can be a mix of commission, equity and cash.