Each business needs to focus on different issues depending on the phase it is in. Two years ago we made a small jump from three people to now seven people. It is a modest growth in terms of people but it has been important for us considering where we come from.
Reduce the corporate structure
I have touched on this topic recently. I think we can netherlands whatsapp number data easily save 10-20k each year by reducing and concentrating the number of companies we have. This is something that a former Coguan investor told me. He gave me one of the most important tasks that I had to put all this in order. At the time he told me this I didn’t take it seriously. Now I finally understand that he is right and that I have to act.
Pay well for knowledge and services
We need to have more flexibility to receive and regulations it is important the services we need when we need them. Right now there are still a lot of tasks piling up and not getting done because we want to focus too much on a few people. We also need to focus on having a freelance network that puts us in a position to be able to get products out faster and better.
Reduce brands
We are now beyond the experimental phase. Now loan data it is time to focus on what is working and pursue growth from there. We are at a point where funding is important and we have it. But we also have to think about reducing it and to do that we have to reach certain figures.
Reduce external financing
Which brings me to this point. We need to reduce our dependence on external money. To do this we need to maintain and generate more profits that allow us to invest with our own funds. In less than 5 years I want to no longer have to depend on banks. We still have a long way to go.
Now it’s time. We have to get our act together.