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#24 - Why Bad Businesses Are Ponzi Schemes

Stupid Tax

CHAPTER

Navigating Undercapitalization and Ponzi Schemes in Business

The chapter explores the challenges of undercapitalized businesses resembling Ponzi schemes, emphasizing the importance of safeguarding margins and making strategic financial decisions. Personal anecdotes and examples illustrate the deceptive nature of some businesses and the need to stay vigilant in identifying and avoiding potential financial traps.

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