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#113 - From Furniture Store to Water Delivery: The Millions in Boring Businesses
My First Million
What's the Churn of a Subscription Business?
Most subscription things have low churn in general. If something is churning less than a two % monthly, id know that that compound senis,. That's a two perent, even two percent monthly would compound and become quite qite, a large number. A detice commerce, i i'm not on subscription, so i need my customers to remember to come back and repeat purchase. So softwear over physical products, subscription over non subscription. And then self over sales force. Because i don't want to have a lot of people in my company, im. And so i'd rather not have a sales team.
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