OPERATORS E107: Tips for Impending Doom
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Apr 16, 2025 Explore the chaotic landscape of today's economy and the clever strategies businesses need to survive. Discover the humorous side of navigating market trends and the ups and downs of SMS marketing. Listen to personal stories of resilience and growth during financial hardships. Dive into the world of decisive financial strategies and the importance of vendor negotiations. Learn how AI can simplify operations and why eliminating outdated practices is crucial for efficiency. Embrace change while making bold decisions in unpredictable times.
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Existential Threats from Tariffs
- Economic uncertainty is so severe it poses existential threats to many companies.
- Margins can't absorb huge tariff spikes, creating an unsustainable business environment.
Manage Inventory Amid Tariffs
- Reroute inbound shipments to Canada or Mexico and place inventory in bond to delay tariffs.
- Cut marketing spend and raise prices cautiously to extend inventory runway and margins.
Walmart Meeting Fire Alarm Story
- During a crucial meeting with Walmart, a malfunctioning keyboard and a fire alarm caused communication chaos.
- "No real fire" became a code in their business to signal false alarms.