How much water can you sell? (37signals)
In the guide MVP and experiments
How much water can you sell?
Jason Fried (37signals): at Techstars Chicago, each startup had one day to sell bottled water on the street, choosing its own stock and price. The overconfident ones, who took too much stock, lost the most, and the two top sellers by volume lost money: better to sell 110 bottles at a profit than 868 at a loss.
Source: Jason Fried, Signal v. Noise
First published on LinkedIn on January 2, 2014. View the original post