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S2 EP3: Rob Fraser - CEO Outway Socks.

Ecom Gold

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The Importance of Staying in the Game

The next six months I think a lot of people are going to find themselves in some unfortunate situations. There was definitely over the last twenty four months a lack of real business thought going into the fundraising environment. If you go to business it doesn't matter how fast you're growing or your revenue, if you stay in business that's the gangster move. Eight out of ten brands never have a chance of being profitable because their gross margin contribution margin just don't make sense in a realistic environment.

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