Chapter
Lessons Learned from Running a Seasonal Business
04:03 - 10:27 (06:23)
The feedback loop in a seasonal business like fireworks, where sales happen only once or twice a year, cannot be shortened. However, these types of businesses provide valuable experience in learning how to operate under challenging circumstances.
Clips
A family's relationship with the fireworks industry evolved over generations, but their level of competitiveness remained different from one another.
04:03 - 05:44 (01:40)
Summary
A family's relationship with the fireworks industry evolved over generations, but their level of competitiveness remained different from one another.
ChapterLessons Learned from Running a Seasonal Business
Episode#294: Michael Girdley – $100M CEO On Common Mistakes People Make In Their 20s
PodcastThe Danny Miranda Podcast
Moving from California to a place with a hot climate, the speaker ran a seasonal fireworks business, which he considers to be the most challenging business he's ever been in due to the seasonality factor.
05:44 - 06:47 (01:03)
Summary
Moving from California to a place with a hot climate, the speaker ran a seasonal fireworks business, which he considers to be the most challenging business he's ever been in due to the seasonality factor.
ChapterLessons Learned from Running a Seasonal Business
Episode#294: Michael Girdley – $100M CEO On Common Mistakes People Make In Their 20s
PodcastThe Danny Miranda Podcast
Seasonal businesses such as fireworks sales or Halloween stores have longer feedback loops due to their dependence on specific holidays.
06:47 - 10:27 (03:39)
Summary
Seasonal businesses such as fireworks sales or Halloween stores have longer feedback loops due to their dependence on specific holidays. This makes adapting to changes and improving the business more difficult compared to a normal business.