We bought some stuff and we sold some stuff.
We are just ruthlessly systemic and efficient.
One of my favourite lessons though is that speed of turnover is what matters, not margin.
Return on capital = margin ^ turnover cycles
So we are starting with stuff that is high value density, fast turnover and we are saturating out those opportunities before moving into more scalable things.
Think we underestimated the addressable market for our first stage though, so we are overachieving at the moment.
Good business just boils down to math.
People complicate it with moronic stuff and feelings.
But I’m an MEng^2 + MBA so you probably shouldn’t listen to me. Very not cool.
Stu / ⚡️🌱🌙
npub1w4…zprhz
2023-12-12 12:59:43
in reply to nevent1q…4ga3
Author Public Key
npub1w4swqedal6gcw23ndd93tkkdy3zj2l6zjdjvzrhu8rnw0k8lc8lswzprhzPublished at
2023-12-12 12:59:43Event JSON
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