Business Anchors · 2024-07-25 · 6 min
In this Knowlton Nugget, Lloyd shares a key lesson about managing risk. He recounts a challenging period when their business faced a gap between projects, leading to a significant financial loss. This experience revealed the vulnerabilities of a project-based income model. To prevent future issues, they’ve diversified their income with more retainers and introduced a mix of full-time and freelance team members for flexibility. The takeaway? Manage risks by diversifying income and adopting flexible resource strategies. Full episode - E165: Our Biggest F*ck Ups Of 2023 & What We Learnt
172: 6 EPIC Places To Get Marketing Inspiration From47 / 100Knowlton Nugget 71 - Box Bollen (E165)Knowlton Nugget 70 - Northface's terrible reacitve marketing (E165)Knowlton Nugget 68 - Eat Some Frogs (E165)Knowlton Nugget 67 - Dan's Foot Cheese On Toast (E165)