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Podcast: Business Is Boring
Episode: Business is Boring: Asuwere with Sam and Noah Hickey
Description: Dollar Shave Club, My Food Bag, Xero….. subscription businesses pop up in many areas of life, because they make for great business.If you work out your average revenue per customer, and your churn rate, the rate at which customers leave, and then work out what a customer costs you to acquire, and you can make those numbers right, you can project future income in the kind of way that has turned Xero and Push Pay into massively valuable companies before they even turned a profit. We’re used to them in software, but one place that they...