Today The Bright Ideas Daily Nugget is answering YOUR questions! We have two questions in today’s nugget: How do you allocate your capital? And how to source Products?
For the first question, it is not a fun or specific answer. There are many directions to allocate, and a large portion of it is business-common sense. You always need to be able to allocate enough capital to invest in inventory and your overhead. You can hear the rest of the details in today’s nugget below!
For the second question, we have another nugget (#66) that answers this in great detail. However, I offer my biggest piece of advice on sourcing in today’s video below: Practice! Take a listen to find out more.
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