Why competence trumps passion for startups
Ed McLaughlin joins Jim Blasingame to reveal the power of competence in building a business and why it is the prime element over passion.
Category:
Entrepreneurship, Start Up
More interviews with Ed McLaughlin »See all
Ed McLaughlin joins Jim Blasingame to reveal some of the commandments of startups, including doing what you know how to do, and finding real customers who pay for your products.
Ed McLaughlin joins Jim Blasingame to talk about why every small business owner must know what the gross profit needs to be for every product/transaction and what the monthly GP needs to be.
Ed McLaughlin joins Jim Blasingame to reveal the importance of recognizing what you’re the most competent at and to stay focused on those things.
Ed McLaughlin joins Jim Blasingame to reveal that even though the pressure for cash is great, every operator must manage to drive profit for long-term sustainability.
Ed McLaughlin joins Jim Blasingame to reveal that the best kind of startup capital is the kind that you get when customers buy your stuff.
