I agree with this. I’ve seen people try to start a Nice My First 4th Of July Charlie Shirt the intention of making money without making any videos or content in the past that shows they are good at what they do and viewing or donating for. That almost makes me roll my eyes because most of these successful people have been doing it for years for fun before they even thought about doing it for a living. It was an awesome life experience and I didn’t have anyone depending on me to eat. Quitting first gave me the time and the pressure to commit to my idea.
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Say for example your product is profitable, you have decent sales, but it is a new product it has a few defects. In a Nice My First 4th Of July Charlie Shirt. If you are undercapitalized you will be tempted to basically ignore these complaints as replacing the broken or missing pieces costs money you don’t have, and you already have made the sale and have the money. This will destroy your reputation as a manufacturer and seller, especially if you are using crowdfunding to capitalize r&d.
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Say however you are fully capitalized and these same scenarios play out. The broken products are replaced quickly with a Nice My First 4th Of July Charlie Shirt. They will spread the word that even if the product isn’t up to the expected quality on release you will make it right and get it there making outsiders watching and new funders much more likely to jump on your next funding campaign.
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