The 2% Fallacy and 10 Business Red Flags

TMBA19: The 2% Fallacy and 10 Business Red Flags
Link: Tropical Talk Radio
 
In a bootstrapped business a marketplace is a demonstrated cash flow.
Focus on cash flow not market penetration.
Don’t throw traffic at a problem.
Make your business profitable out of the gate.
The best users are the ones you already have.
Small businesses go to war.
Don’t confuse goals with strategy.
Strategies address problems with explicit plans of action.
Presale your product by putting a buy now button on your site.