Business Insights In Quick Bites

Scheduled Reminder: Fixed costs will kill your business. Some of them may be necessities, but for the most part, the more you eliminate or lower your fixed costs, the more sustainable your business will be.

Stop asking “What could/would happen if I did this?”

Start testing. Data delivers the purest response you could hope for.

Let data drive your decisions, and not your “instinct” or “emotions”.

For your “instinct” is meaningless until you have a wealth of experience, enough to have a calibrated view of the datasets in your domain. Even then, should your “instinct” collide with freshly obtained data, you need to defer to data.

Did you make an offer today?

An offer to buy something at murderous prices? Or to sell something. Or to make a joint venture. A relationship. An acquaintanceship. Anything?

If you said no…

What are you even doing then?