“We could do discounts and generate cash from our inventory… we pivoted to leverage the assets we had, which were inventory to generate cash.”
HR
Heidi Robinson
Run the Numbers ·
Rich Ashton · Your Business Growth Podcast · More Leads Won't Save You with Rich Ashton
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organized dead inventory, sold it to employees and customers at a discount to raise cash
“We could do discounts and generate cash from our inventory… we pivoted to leverage the assets we had, which were inventory to generate cash.”
“The carpet mills especially had a lot of excess inventory that was not moving. And so I was buying a lot of that at discounted prices. Saving my customers some money. But still it increased my profit margins by a lot”
“I tell a lot of people to raise their prices because a lot of times when you raise your price, you actually start to attract a better customer.”
“Because I think we can become 30% to 40% more efficient, more productive. AI should free you up so you spend more time with customers and get more business. Software is dead.”
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