Carragee Consulting

Nick Huber make some great points

Nick’s show great examples of two key reasons, other than generalized stupidity, that people make this mistake:

1) Costs are explicitly known and value is hard to measure or attribute value

– Exactly how much does an A location contribute to drop-ins, name recognition and revenue compared to a B location?

2) Present bias and lack of capital

You may not prefer to defer maintenance, but you have insufficient current cash flow to make what you know is a better long run decision.

https://www.linkedin.com/posts/sweatystartup_too-many-business-owners-step-over-dollars-activity-7129093779470356481-0O72?utm_source=share&utm_medium=member_desktop