“If companies have sales overshoots or undershoots, a very high incremental margin relative to a lower stated margin can cause a big profit beat or a big profit loss.”
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Said on In Good Company with Nicolai Tangen
Tristan Walker · Equity · After selling to P&G and Lululemon, these founders are building for life beyond the screen
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Acquired a profitable, free-cash-flow-generating trade-school business in a very narrow vertical and aims to make the first sale profitable
“If companies have sales overshoots or undershoots, a very high incremental margin relative to a lower stated margin can cause a big profit beat or a big profit loss.”
“We have something called the 12 profit levers ... almost every business has one profit lever ... bleeding money”
“Lean for business… an expert… can remove waste… that float out of your business… increase profitability”
“It could be the difference between $10,000 in profit or no profit.”
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