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I watched that video recently. He raises a good point about the value of having cash up front, but my worry there is the liability it creates. There is a 1-year
by gr2020 13y ago
I watched that video recently. He raises a good point about the value of having cash up front, but my worry there is the liability it creates. There is a 1-year period when you might have to refund some or all of it, which is a long time IMHO.
- larrys 13y agoPrepay for a year doesn't imply that they will get money back if they cancel. Unless of course that is the way you make the offer. But even if there is a liability you have to calculate the percentage of people that will want a refund. If it is "high" (whatever that is..) you have a much bigger problem (people don't like your product or service).