
Building a Productized Service with Karl Hughes (#76)
The Shopify Growth Show
00:00
The Cash Conversion Cycle
When you're boot straped, you've really got to think e the true balance sheet. You have to think about is it even possible for your client base? So one of the advantages with this market is that they're mostly venture funded start ups who get a big chunk of cash. And so they don't mind paying the quarterlies. We actually, we offer a monthly payment, but it's at a premium, like a ten % premium. They know they're going to spend it. I'm not going to say her name on the pot cask cause i owned by te stealer. She' took our accounts payable from ias hor rentis like, 60 to 24 days
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