4.8 • 3.3K Ratings
🗓️ 30 May 2025
⏱️ 6 minutes
🧾️ Download transcript
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.
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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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