Use the Shape of Your Business to Scale | Ep 947

There are only four main types of businesses. So your business is one of these four. And understanding what shape my business was has allowed me to develop a portfolio of companies that generate over $250 million a year at acquisition.com. And so if you have a business, you need to know what shape your business really is to maximize the opportunity you're in. And if you don't have a business, you should know what you're getting into so you can pick the right one for you.

So let's get started with the first shape. What type of business is this business? I love it if you actually think about it right now. Like if if there's different types of businesses, what do you think this one really is? This is the shape of an e-commerce business.

So in the very beginning, you'll typically have to get some inventory, especially if you want to have a bigger business. No gigantic businesses or drop shipping. So if you want to have a bigger business like a brand, you're going to have to do some sort of inventory. You'll have to front a little bit of cash, right? But as soon as you start selling, because it doesn't require a lot of operational infrastructure, you can grow really quickly.

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