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Fear of Being Poor, Validation, and Wealth (w/ Lewis Howes) Pt. 2 - Oct. '22 | Ep 489
The Game w/ Alex Hormozi
The Importance of Gross Margins in Business
Large businesses have phenomenal gross margins/nGross margin is the amount of incremental cost to make an extra widget/nGross margin is important because it affects profitability/nSmall business owners should aim for a gross margin above 80%/nThinking about efficiency can help small business owners make more profit/nTechnology can make delivery of valuable products less costly
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