Investors, Rick and Cindy Radliff welcomed us into the Witness Distillery this week. Rick explained that much more goes into Cost of Goods Sold than just your ingredients. This, in turn, affects sale price. We also learned about different types of competitive advantages. Rick, Cindy, and Mary also left us with great advice: 1) Grades and work ethic matters. 2) Don’t be afraid to chase opportunity. 3) Make more deposits in your “relationship bank” than withdraws.
11Oct