
Money Moves
Akimbo: A Podcast from Seth Godin
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Cash Cows, Problem Children and Dogs
The boston consulting group famously divided all products and services into one of four categories. They are stars, cash cows, problem children and dogs. So if you have something that is growing fast and giving you positive cash flow, as a gos, that's a star - good for you. Buti ays the bills, plus every single day. The next corner are the dogs. Low cash flow, low profitability, and they're not growing. You should shut those down. Clear it out, take the cash and use the cash to invest in the next thing.
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