Joey Kushman, 10, learned about business by selling golf balls from a bucket at a golf course: Don’t wait for customers because they don't materialize when you do that. Don't put out a lot of golf balls - excess inventory. It tempts customers to adjust price: “Teenagers don't pay when you put out too many.” Limited supply - limited temptation. His sweet niche? Customer and supplier are one and the same.
More Management Wisdom
More Management Wisdom
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