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How to Convince Others to Invest in Your Product
Finding partners that facilitate speed, quality, and good pricing is crucial for growing and scaling a product business. This involves investing in more inventory, marketing, and people to facilitate future sales and growth. Scaling the business and generating profitability are achieved by finding unique ways to increase cash flow and negotiate payment terms. Learning the language of manufacturing and how to source overseas is essential. It's also important to convince factories that you are worth taking a bet on, and once you have achieved success, opportunities start to come to you.