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I gave my first 10 customers a lifetime 50% discount in Austin, and now I'm stuck with it as we scale. Was that a huge mistake?
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angela3786mo ago
Honestly, that early loyalty is priceless though. I mean, those first ten people are probably your biggest fans now.
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blake3026mo ago
Yeah, those ten people are basically family now. I see their names on orders and just picture them shaking their heads at me. The discount was a bit of a panic move, I'll admit. At this point, I'm just hoping they don't all decide to buy a yacht at the same time.
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ericschmidt6mo ago
Lifetime 50% is a massive promise to make. You basically gave away the farm before you knew what the farm was worth. That discount will haunt your profit margins forever.
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