Enjoying #islandlife in West Timor, while working for a micro-finance NGO
…e incredible economies of scale because their marginal cost of serving additional customers is low. While internet software firms have margins of at 24%, transportation firms have net margins of 2–5%.
…5% of revenue — it had gross profit of $865m on $9,786m in revenue, or an 8.8% gross profit margin. Unlike software, an additional $1 in sales comes at a cost of about ninety cents.
Take the time to document active projects and make a point to share project documents and roadmaps with the whole company regularly. At Instacart we hold periodic roadmap review meetings where Product Managers share their team’s pla…