Because small businesses are always trying to control costs, our natural tendency is to avoid sharing any of the profits. We want to keep it all to ourselves, since there is often so little profit to begin with. However, if you wish to be successful, find a way to take a smaller slice of a bigger pie.

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Written by businessavante
4969 days ago

As to the 1st example - Shelby Montana went bankrupt guaranteeing Jack Dempsey $300,000 to fight Tommy Gibbons (who went 15rds. w/Dempsey but got nothing) in 1923. Only the Manassa Mauler & Doc Kearns (his manager) made out. Shelby should've offered a % of the gate. ($300k was a Small purse for Dempsey then.)

Duncan



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Share your small business tips with the community!
Share your small business tips with the community!
Share your small business tips with the community!
Share your small business tips with the community!