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272: How to not compete on price again
The Sweaty Startup
Front Loading - How to Survive a Slow System
You need to be prepared for a slow system, or for some inefficiencies. Make sure you know at all times how long you can last and how much risk you are willing to able to bite off. Carry a pro forma so that you can project your monthly cash f expenses, and you can survive a few very slow months. Front loading doesn't work if your service sucks. Your training needs to be top notche. You have to be able to do this while also focusing on all the other things that we've talked about in this podcast.
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