the week we turned over 100k and nearly went under
I used to run a retail business with my partner at the time. Wages were ten grand a week. Rent was four more. One week we turned over a hundred grand, and within a month almost all of it was gone, spent keeping the doors open.
So we pivoted. Same direction, better model: events instead of a store. Fixed costs, higher foot traffic. Two hundred grand in a month, and when it ended we packed up and owed nothing.
Expenses are what kill startups. The rush to get the office, the car, the employees. You don't need any of it. You need a model that generates cashflow with almost nothing standing between you and the money. Cashflow first. Invest to scale after. It's why I build software now: same rule, lower floor, higher ceiling.