DISQUS

Beyond Snake Oil: Bailouts, Bad Revenue & Making It The Hard Way - Episode 5

  • Robi Ganguly · 1 year ago
    Hey Scott, I like your blog, very nice work. I agree with you that people need to avoid bad revenue - maybe you could talk more about your definition of bad revenue in your next post? I didn't come away feeling like I understood specifically what it means to be bad revenue. Your joke, for example, threw me for a bit of a loop, since revenue a quarter at a time could be good revenue, if you can repeatedly get that revenue and at a cost low enough to produce a reasonable profit for you (for example, look at the search business).

    In any case, great concept with your blog!
  • Scott Schnaars · 1 year ago
    Robi, great suggestion!

    I hit on it a little bit in last nights show. I believe that as we head
    into a true recession, each company is going to have to make a determination
    on what types of deals that they want to do. Cash will probably be king and
    discounts for things like PR & speaking engagements probably won't carry as
    much value. Identify profitable deals early on and walk away from deals
    that aren't.

    Thanks again for the idea.