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@ Sonia: I may need to explain.
2 is 1, 1 is None is a phrase common in military, survival, and back country circles. It is meant to drive home the need for redundancy in critical areas. So, when I’m hiking, for critical areas, I have more than one item to perform a task. If I need fire, I have a lighter and matches (and in my case, ferro rod as well). For water purification, I have a filter as well as Aqua Mira tabs (and my pot with fire to boil, so again, 3). The main point is that if you only have one way of doing a critical task, and that tool is broken, lost, whatever, now you have no way of doing it. So two ways ensures at least one way, but one way can be zero.
It is not a disparaging term at all, so I hope no one took it that way.
In our business sense, I like having redundancy. For label printing at home, I have no less than three printers to perform the task. We have multiple computers that we can list on. Two are laptops so that if we lose WiFi, we can list somewhere else. Our inventory files are in SixBit and on Google Docs.
And since there are two of us (Veronica and I), we try to crosstrain as much as possible. In fact, Veronica is learning a lot of the numbers that I take care of so that she can keep trucking while I do the Colorado Trail.
So, just always a good way to think about how your business can be broken, and how you cover that risk.
Sorry to hear that SEAM! Get well, and don’t push it!!!
Glad you are doing good SEAM. Hope the recovery goes quickly!
Yep, having a partner is HUGE.
2 is 1, 1 is None…
100% Agree!
And I ain’t go no further… 🙂
Totally agree Jay. If like-minded folks want to come together, share in costs, and hold each other accountable, I 100% support that notion. In those cases, government need not get involved.
Nope.
For us, the most affordable option was through Samaritan Ministries. We have family coverage for both of us and our two sons for $495/mo. And after going through a $40k medical situation for Veronica during the holidays this year, I can attest that it works quite well.
Keep going.
Best Listing Motivation is Coffee…
Coffee is for Listers!
@SEAM: As another large clothing seller, we felt a slowdown a bit in sales as well. It was a solid week, and way better YOY, but just seemed slower on eBay. Posh and Etsy helped to make up the difference.
I did an early opt-in on “classic rock”. Back in the early 2000’s I labeled all the music that I listened to from College and earlier as “Classic” in my MP3 library…
For us, we use flat rate shipping on anything first class. $5 flat rate across the board. We lose a bit sometimes on heavier (14-15.9 oz) items going a longer distance, but it evens out.
Mini, Audi, BMW, Kia, Aston Martin, and Porche are all hitting full production of Full EVs this year, and Ford and Volkswagon are coming in the next 2-3 years. Then there are the Tesla-lite companies (Fiskar, Rimac, Byton, Faraday) that are going to pick at the edges too.
Tesla has pretty much owned the cool EV market, and not turned a profit. Now the competition will be hitting them, many from companies that know how to mass produce vehicles for a profit, that will provide a ton of competition.
I’m not knocking the tech of Tesla, just the company. Just like I don’t knock Amazon as a consumer, but I’m not an investor.
Just having the product isn’t enough…you have to know how to run a profitable company as well. Tesla may pull through, but they are going to have a lot rougher water to navigate.
Yep. Plus, if you need to ship something on commercial rates, you can enter the order manually on Shiprush and ship it out. We do that with any Truegether sales.
Better interface…absolutely. eBay needs to get out of this business and let someone else run it, like Adyen is doing for managed payments.
Welcome WayRich!
I agree Jay, not going to argue. As you say, what is their profit? Tesla has a net loss every year.
Yes, they have Gross Profit, but they have Net Losses after you add in Operating Expenses and cost of financing.
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