#417 – Cash Is King

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This episode is all business! Well, not ALL business, Chris also mentions KiCon 2019, which will be taking place in April of 2019 in Chicago. Sign up to give a talk here!

• Chris gives a terrible account of Thanksgiving, here’s the real history of it.
• Dave has a new accountant
• Accounting system
• ERP systems
• Net 30
• Lean manufacturing
• Forecasting
• Lines of credit
• Apple I line of credit
• DUNS
• Dave ends up giving lines of credit to advertiser
• Tindie selling is a great way to get started as a small electronics producer
• Dave’s former assembler charged 1 cent per joint
• When bootstrapping a business, the initial profit becomes the cash pad
• Dave did a video about how to price things
• 2.5x multiplier
• MBAs don’t teach about small business normally
• Lifestyle business
• Hit by a bus test
• Dave is treating labs like a hermit crab
• KiCon is a KiCad user conference happening in April 2019 in Chicago IL
• New NeoDenUSA video shows how to set up the NeoDen4
• We are now on Pandora Podcasts! You can apply to be a beta customer.

Thanks to Burning Bridges for the photo of the cards