It’s hard to make a buck, and even harder to make $100 million of them: “72% of all startups stall before they get to $100 million; only 3 percent ever see $1 billion.” So what’s the secret for those that do make it?
Via OPENForum.com: "3 Things Businesses Do to Pass the $100M Mark"
“We found out that a $60 T-shirt from any upscale brand cost about $8 to make. We thought, ‘Holy crap! That doesn’t sound right.’” everlane founder Michael Preysman
Via OPENForum.com: “Everlane: How a Shocking Discovery About Luxury Goods Led to Disruption”