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Since we’d gotten a number of questions from readers, I jotted down a short post a couple days ago explaining…
via Talking Points Memo: http://talkingpointsmemo.com/edblog/–100456
You can’t eat ‘reach’ and we can’t pay salaries with ‘brand awareness’. I don’t pretend to know other people’s business models or strategies. But successful business practices are always about having a close understanding of the costs of what you produce and the origins and mechanics of your revenues and more than anything else the interaction between the two.