Let’s be clear. Losses are not sustainable for any company. Amazon founded in 1994 made its first profit in Q4 2001. For years the eCommerce giant made losses. In fact Bezos famously stood up at an analysts meeting to announce Amazon had made a profit but then said I...
Building businesses that buyers love to buy or investors love to invest in or banks love to fund is all about economics. Building a remarkable business is impossible without understanding how your business makes money. The ability to explain in simple, clear terms the...