Don’t Buy Tens of Thousands of Inventory When You Haven’t Even Got Orders Yet

In the past few days, I've been talking about lessons I've learnt from various entrepreneurial reality TV shows. Yesterday, I talked about Dragons' Den UK, and I mentioned 3 factors that influenced investors to be interested in a business pitch. Another very serious aspect of starting up your own business or social enterprise regards your inventory (you may call it your stock). This is...