A Warning for Startups and Zombie Companies
In this video, we delve into the struggles faced by businesses when overwhelmed with requests for help. The pressure to meet immediate demands becomes a burden when upskilling the staff proves to be a challenge. Despite our best efforts, the looming threat of a "Sticky Wicket" becomes apparent, especially as major players in the market start to fail and lay off their employees due to overextension. Join us as we discuss the concept of zombie companies and how low margins and excessive debt can hinder innovation and expansion.