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What Did You Cut?
Entrepreneur
|October - November 2021
To stay agile, business owners must often rethink what they truly need. We asked six entrepreneurs: What expenses have you realized your company is better off without?
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1/ Build business before buzz.
“It’s enticing to spend on sexy things like PR and events. But while awareness is great—and needed—you want to make sure you have the distribution set up to fully take advantage of the awareness. Early on, we spent on those things to build buzz, but we didn’t have enough retail distribution to support it. We jumped the gun a bit when we should have waited to make sure our full ecosystem was in place.”
—JENNIFER ROSS, cofounder, Swoon
2/ Say bye to the office.
This story is from the October - November 2021 edition of Entrepreneur.
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