Show Notes
Mike and Scott kick things off with the big question every founder eventually asks: what actually is a business? They dig into growth cliffs, the "roller coaster vs. merry-go-round" mindset, and why naivety might be an entrepreneur's biggest superpower.
Drinking beer from: Lakeman - Copycat West Coast IPA (6.7%) & Jocks & Socks Hazy IPA (6.5%) Eating a pie from: Dad's Pies - Angus Steak & Jalapeño (Hauraki collab)
You'll learn: -What makes a beer "craft" vs. commercial; -The Product-Customer-Finance formula for any business; -Why growth cliffs appear around $1M, $8M and $20M in revenue; -The difference between working on vs. in your business; -and why reinvesting profit (not raiding it) is what separates hobbyists from operators.
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