4 ms·
This is very common in a lot of industries especially physical goods and medicine. You end up leverage for all the goods but the final settlement of payment ha
by minraws 3mo ago
This is very common in a lot of industries especially physical goods and medicine.
You end up leverage for all the goods but the final settlement of payment happens much later, making them hard to survive in without a lot of capital and good relationships.
You can screwed very easily and understanding the model and not scaling faster than your capital allows is a skill in itself.
My friend failed at it while I was working with them.
- comprev 3mo agoI tip my hat to those who have the stomach to run a business like that.