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Episode 1935:
Steve Chou highlights the risks of overreliance on platforms like Amazon and the dangers of uncontrolled growth in ecommerce. He urges entrepreneurs to diversify sales channels and prioritize lifestyle goals over rapid expansion, offering grounded advice for building a sustainable, low-stress business.
Read along with the original article(s) here: https://mywifequitherjob.com/how-to-handle-inventory-for-your-home-business-using-principles-of-microprocessor-design/
Quotes to ponder:
"All it takes is one accidental bad batch of goods and a small string of negative feedback to put your listing in danger."
"Expanding any business quickly ALWAYS causes a TON of added stress."
"I'm spending my time on activities that make life easier even if it's at the expense of short term revenue growth."
Episode references:
Bumblebee Linens: https://bumblebeelinens.com
