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He didnt consider using his current business as a springboard. Printer B had a steady cash flow with his current business. His all-in theory might be true in terms of dedicating his time, but in fiscal reality, it just makes for a lot of unnecessary stress.
His current business would have allowed him to continue to maintain its cash flow and slowly make the transition. Eventually, he could either sell or keep his current business when the new operation is up and running. He compared apples to oranges in terms of his own ability. At the base level, there are many similarities between wide-screen digital formatting and commercial printing. But there are also plenty of differences. To assume he can just walk-in and not have to suffer through a learning curve will likely be his undoing, as he simply doesnt have time to learn the business.
How to Get Out of a Cash Trap and Ask These Critical Questions to Avoid the Cash Trap.
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