Akimbo: A Podcast from Seth Godin cover image

Money Moves

Akimbo: A Podcast from Seth Godin

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Why Is It Better to Be a Bank?

If you are doing a project and you ever get to zero, you're out of the game. Just like monopoly. Unless thereis a bank that will give you money to keep you in the game. So if you've got that big order from macey's, you can right down the street in the garnment district to a business called the factor. The factor knows that maces is good for the money, so they'll write you a check and give you a loan to tide you over. In some retailers it might be as low as four, but at a place like amazon or walmart, it might be a really high number. And now you know why it's better

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