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14min chapter
14 - How a Former Wall Street Investor Left It All to Remotely Run a $4M Business with Chris Munn
Nikonomics - The Economics of Small Business
Navigating Business Margins and Customer Acquisition Costs
This chapter explores discussions on business margins, cash reserves, and customer acquisition costs in various industries. It delves into the challenges faced by service businesses with narrow profit margins and unethical practices by larger companies towards subcontractors. The conversation also touches on managing diverse teams, investing in talent, and transitioning from small businesses to course-selling enterprises.
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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode