June 25, 2020

Don't Learn Everything. For Now, Understand Cash Flow and Competitive Landscapes

Don't Learn Everything. For Now, Understand Cash Flow and Competitive Landscapes

It's impossible to learn everything about something before you have a business in hand that matches up with that particular business model. A friend asked how he could learn to run an e-commerce company. The answer is, just run one.

 

Focus on Just-In-Time learning. Learn things that you'll need at that exact moment. Ryan believes the most important thing is understanding how Cash Flow works for business models.

 

Episode Resources