121–130 of 131 posts
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> Division profits are mostly an accounting ghost. Shareholders seem to think otherwise.
AMZN is well known for paying out its profits to shareholders? I think what shareholders value is a little deeper than woo “AWS appears profitable”!
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> Many are unlikely to get their jobs back. Their original job? Sounds plausible. Any job? Surely that would be a political choice for their respective governments? Unless there’s a reason we can’t repeat the famous infrastructure jobs programs from a century ago - I’m no economist, so I genuinely don’t know, but Hoover Dam Mark 2 sounds good to me.
> Unless there’s a reason we can’t repeat the famous infrastructure jobs programs from a century ago That had positive effects in the USA, but in Europe the economic woes of the 1930s led to WWII.
GCSEs are not great.
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It's in the semi-custom home goods category. Can't get more specific than that.
I sell wall maps: https://ramblemaps.com Just started 3/22. They aren't exactly flying off the shelves. We're getting good traffic but conversion rate is very low. Would you expect a business like mine to be doing well in this climate? Since we're a new business it's hard to tell if it's our product or the market that is our problem.
Might be a good time to revisit the old rumour that Rails doesn’t scale.
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Good story here https://www.visualcapitalist.com/shoppers-buying-online-ecom... Food, workout items, entertainment. A lot of categories are through the roof!
> workout items I wonder if gyms will ever come back from this. Gold's announced yesterday they are permanently closing 30+ locations. Even when people go back out, gyms were never the cleanest places to start with. Some places will require masks for the near future, so how does that work at a gym? Now that I'm been forced to finish my home gym, I'll likely cancel my membership once things open again.
Home gyms have always been decent in places where space is cheap, not so great in NYC and SF.
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I sell wall maps: https://ramblemaps.com Just started 3/22. They aren't exactly flying off the shelves. We're getting good traffic but conversion rate is very low. Would you expect a business like mine to be doing well in this climate? Since we're a new business it's hard to tell if it's our product or the market that is our problem.
Those are rather nice. Have you thought about pivoting to mountaineers? I don't ski but I pore over peak maps and wouldn't mind a couple of 14ers on my walls.
Near term plans include Cascade Volcanoes in the west and Mt. Washington in the east.
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I sell wall maps: https://ramblemaps.com Just started 3/22. They aren't exactly flying off the shelves. We're getting good traffic but conversion rate is very low. Would you expect a business like mine to be doing well in this climate? Since we're a new business it's hard to tell if it's our product or the market that is our problem.
These are beautiful. Happy to give you a free chat if you're looking to get pointed in the right direction marketing wise. My email is in my profile.
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I sell wall maps: https://ramblemaps.com Just started 3/22. They aren't exactly flying off the shelves. We're getting good traffic but conversion rate is very low. Would you expect a business like mine to be doing well in this climate? Since we're a new business it's hard to tell if it's our product or the market that is our problem.
I think, as others have alluded, this particular market might be tough with mountains being closed down. I have an aerial photograph of Burke above my workstation and a few other maps on my walls -- I always purchased them shortly after forming a connection to a place. That's just my anecdotal experience of course! For marketing, are you also placing them on location? If so, I can likely help with placement in Burke…
And thanks for the offer re: Burke. I'll hit you up for the connection!
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AMZN is well known for paying out its profits to shareholders? I think what shareholders value is a little deeper than woo “AWS appears profitable”!
If AWS wasn't profitable, AMZN would not be able to grow, and its share price would immediately fly off a cliff. But you know this already. You just want to argue.
Amazon wasn't even profitable until 10 years after its founding. So that's demonstrably incorrect.
BTW, the thesis that "if a business isn't profitable, it wouldn't be able to grow" flies in the face of hundreds of successful venture capital businesses funded by the yCombinator (founder of Hacker News) and many other venture capitals funds. Profitability is one variable in a very complex mix.
I personally like the idea of bootstrapping, which does require profitability, but that's not the only way to successfully grow a business. You can also grow a business using debt, or by using equity.