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Sam (crazy candle person) ✦  pfp
Sam (crazy candle person) ✦
@samantha
How do you bake your time spent working into your margins?
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@links
Record time spent working and estimate how much I would spend to hire someone to do the job. I like to leave a lot of buffer (ie if it takes me 5 hours I might give someone else 8 hours) because no one is gonna be as motivated as you. Unit economics are important AND the more early stage you are the less useful they are (because economies of scale low, etc). Have you considered doing a break even milestone? ie if I sell x candles/month given assumptions above, then I will pay for my COGS and fixed cost. This is more actionable for early-stage companies and gives you room to optimize later.
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Sam (crazy candle person) ✦  pfp
Sam (crazy candle person) ✦
@samantha
Good advice, thanks!
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