FFUPs' Shutdown: Critical Lessons on When to Pull the Plug
Video from Startup CPG. Watch on YouTube.
What you'll get
Sam Tichnor, founder of a puffed snack brand with deliberately loud packaging, walks through how it sold online, moved into stores and bodegas, and closed after about three years, covering too many flavors at launch, co-packer problems, extra inventory and having no marketing partner. He now works at a firm that sells finance and operations help to young brands; use his list of mistakes as a checklist against your own plans.
Do this week
Pull your last three months of statements, list every recurring charge, and cancel or shrink one that you cannot tie to a sale.