“Communication silos directly cost a business an average of 25 percent of its annual revenues. Poor communication is responsible for 70 percent of corporate errors.”
♫
Said on Entrepreneurs on Fire
“He didn’t miss a day of work… knew every single SKU, knew his costs, knew his margin, communicated directly with suppliers.”
The Pomp Podcast · GameStop CEO: The Machines Are Already Smarter Than Us | Ryan Cohen
Play from 26:25
26:25
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What was described
Clocked in 6 a.m.-6 p.m., knew every SKU, cost, and margin, and communicated directly with suppliers
Said nearby on the same subject
“I wanted to own every decision... I knew I had a higher probability to close if I chose a self-funded path versus a traditional path.”
TH
Tyler Hoffman
Acquiring Minds ·
“The high cost of failure ... nobody wants to be the one who gambles on an unproven supplier”
♫
Said on The Investor's Podcast (We Study Billionaires) - The Investor’s Podcast Network
“Each pie cost me about $5 to $6... 65% margin... we are happy to come in below that $20 price point”
MD
Mikey Deegan
Unit Economics ·
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