3 Valuable Entrepreneurial Lessons from The Tragedy of Volkswagens Felicity Ace - Deepstash

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3 Valuable Entrepreneurial Lessons from The Tragedy of Volkswagens Felicity Ace

3 Valuable Entrepreneurial Lessons from The Tragedy of Volkswagens Felicity Ace

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3 Valuable Entrepreneurial Lessons

  1. Speedy Customer Reassurance
  2. Insurance
  3. Pricing Strategy

1. Speedy Customer Reassurance

As an entrepreneur you should proactively provide reassurance to your customers and, for small businesses, it’s even easier because you are closer to your customers and can easily keep track of them. Providing reassurance to your customers reminds them that you have their best interest at heart a...

2. Insurance

There are many people who view insurance negatively but as an entrepreneur, you should be walking in the opposite direction. Having insurance could be the difference between losing everything you own and having the shot to begin again, and this certainly proved to be the case for a lot of covid h...

3. Pricing

Joe Karbo author of ‘the lazy man’s way to riches' explained in chapter five of his book that your selling price should be at least three times your total cost. This may sound astonishing but Joe says that he is personally more comfortable at 5 times his total cost and in some cases, 10 times you...

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