31:25 yes there is a definite ground swell of opinion that the 8 Traits requires an upgrade to micro grading. 5 Points per trait. Total of 40 points. Draw a line under past entrepreneurs. A Proper leader board. I hear it in the streets, Clarkson is on the phone, make it happen team.
James and JB. I think these boys are missing one trick that I’d deploy. Firstly, as you said, they members and a membership model. One of the perks of membership I’d offer would be exclusive access to the rarest products they have available. MEMBERS ONLY though. Then what I’d do is have auctions, for the rarest products, for members to bid on. The reserve would be their minimum margin on top of the buying price. I’d raise that to, circa, 50% on those items, for sure! Why? Because they’re rare 😎 However, it is an auction, they’d get more anyway, IMO. Also, I’d offer, to members, a buyback service, after 12 months and subject to product condition, at the purchases price (the customer can’t lose!), or maybe 10% above the purchase, then resell again. The logic? The chances are that the rate items would’ve become more rare. Then hold another auction, with reserve etc. That way they’d keep escalating the value of rare items 😎😎 Once again, ONLY for members☺️☺️
Absolutely loving this pod. I’ve watched them all and genuinely get excited when a new one drops. Better than watching Bloomberg!!!
I didn’t think James would like this. They need introduce their own styles for this to be massive
24:31 the only ship that is sure to sink is a Partner Ship
Yes, absolutely a shareholder agreement is crucial.
A company I know bought partner out for 7m and sold a year later for 45m.
Agreements need to be in place to build a business
31:25 yes there is a definite ground swell of opinion that the 8 Traits requires an upgrade to micro grading. 5 Points per trait. Total of 40 points. Draw a line under past entrepreneurs. A Proper leader board. I hear it in the streets, Clarkson is on the phone, make it happen team.
I agreee
Has he sorted your flights out yet?
@@MrJeffHead negotiations remain unresolved 😂
James and JB. I think these boys are missing one trick that I’d deploy. Firstly, as you said, they members and a membership model. One of the perks of membership I’d offer would be exclusive access to the rarest products they have available. MEMBERS ONLY though. Then what I’d do is have auctions, for the rarest products, for members to bid on. The reserve would be their minimum margin on top of the buying price. I’d raise that to, circa, 50% on those items, for sure! Why? Because they’re rare 😎 However, it is an auction, they’d get more anyway, IMO. Also, I’d offer, to members, a buyback service, after 12 months and subject to product condition, at the purchases price (the customer can’t lose!), or maybe 10% above the purchase, then resell again. The logic? The chances are that the rate items would’ve become more rare. Then hold another auction, with reserve etc. That way they’d keep escalating the value of rare items 😎😎 Once again, ONLY for members☺️☺️
They’re Tee Total because they’re on coke instead
G'day Campers. 🦘🦘🦘