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Side Hustle School

Ep. 3072 - Q&A: “Why do struggling businesses keep their doors open?”

Side Hustle School

Chris Guillebeau / Onward Project

Business, Entrepreneurship, Careers

4.83.3K Ratings

🗓️ 30 May 2025

⏱️ 6 minutes

🧾️ Download transcript

Summary

How do some retail stores stay open for years without making a profit? In this episode, we explore the hidden factors that keep struggling businesses afloat.

Side Hustle School features a new episode EVERY DAY, featuring detailed case studies of people who earn extra money without quitting their job. This year, the show includes free guided lessons and listener Q&A several days each week.

Show notes: SideHustleSchool.com

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Visit Chris's main site: ChrisGuillebeau.com

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Transcript

Click on a timestamp to play from that location

0:00.0

The power of Dell AI with Intel inside is transforming the world of pro sports.

0:05.5

Using real-time analysis to help give teams a winning edge, power your wins at Dell.com slash win.

0:15.7

Lemonada

0:17.9

The Lemonada.

0:29.0

Why do struggling businesses keep their doors open?

0:34.1

How do some retail stores, in fact, stay open for years without making a profit?

0:39.2

If you have ever walked past a shop shop like a store that never seems busy,

0:43.4

and you kind of wondered, like, how is it still in business? Well, you're not alone. It's a common experience. And today we're going to unpack it a little bit. Question comes from Adam in

0:47.5

Minneapolis. He is curious about how some of these retail shops, sometimes even in prime

0:51.5

locations, managed to stay open despite low foot traffic or even

0:55.9

reported financial losses. Are they surviving from outside funding, tax advantages,

1:01.8

something else? It could be both those situations or others. Let's break down a couple of

1:06.6

surprising reasons why some businesses keep their doors open even when they aren't making money.

1:12.0

I'm going to give you a couple of resources as well, including a blog that I think is really,

1:15.7

really helpful. So stay tuned for Adam's question and my answer. Life in general can be chaotic,

1:23.7

but if you're in charge of order fulfillment for an e-commerce business, you know that it is

1:27.4

its own special kind of chaos. With Ship business, you know that it is its own

1:27.9

special kind of chaos. With ShipStation, you can count on your day-to-day remaining calm. Shipstation

1:34.2

makes everybody's life easier. You never need to upgrade. They grow with your business no matter how

1:38.3

big it gets. It is in fact the fastest, most affordable way to ship products to your customers,

1:43.3

including discounts up to

1:44.4

88% off, deliver a better customer experience, and join over 130,000 companies. Calm the chaos

...

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