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the cash flow was very simple and predictable and there were low start-up costs and easy financials. the cost related to running the business happens as the business runs. where the hardware purchase maybe cost $50, the invebtry business can be six figures. liz needed to start up a prototype, pay for factory tooling and stock up on inventory all before earning a single pen. this required a 10-year, six-figure sba-backed loan. i needed to put my house on the line to get that loan, so literally if my business fails, my house is on the line, which means my marriage is on the line. she was blind-sided by the cash flo. however, she was happily surprised by the simplicity of the logistics. once someone purchase as product, you take it out of inventory and deliver it.
Predictable. and there were low startup costs and easy financials. the cost related to running the business got covered as the business runs. whereas the hardware store purchase maybe cost $50, the inventory purchase can be six figures easily. just to start up citi bin, she had to pay for factory tooling, stock up inventory before earning a single penny. this required a ten-year, six-figure fda backed loan. i needed to put my house on the line to get that loan. if my business fails, my house is on the line. that probably means my marriage would be on the line. liz was initially blind sided by the cash flow. on the other hand, she was happily surprised by the simplicity of the logistics. when someone purchases a product, you take it out of inventory, you put it in the truck and you deliver it. back at checklists, each client and each job represented