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Profit / Loss - Case Interview Framework Clarification

CaseInterview.com

I was recently sent this email from a student who has upcoming interviews with Bain and McKinsey asking me to clarify some details on my profit loss framework below is his question as well as my response. in the interview process, generally we simplify the process to assume the two are the same. And do a break down that way instead.

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Note-Taking in a Case Interview

CaseInterview.com

Question: Thank you for creating the Case Interview Secrets videos and Look Over My Shoulder ® program. My question is related to note-taking during the interview. What I am struggling with is keeping up with the interviewer, and still trying to note down key facts.

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Baby Steps

CaseInterview.com

Generate $1 in sales within 90 days from this new revenue source.”. My client thought to himself, “Shoot, even my 8-year-old son can generate $1 in sales from a lemonade stand on a Saturday afternoon. Surely my entire team and I can generate $1 in sales in a quarter.”. It took them roughly 75 days to get that first $1 in sales.

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Defense, then Offense

CaseInterview.com

Second, new opportunities emerge or grow dramatically (think: video conferencing, delivery services, telemedicine, PPE). Think Zoom video conferencing; they grew from 10 million to 300 million meeting participants in five months. In your market, this might be a product opportunity. That’s 30X growth in less than two quarters!).

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It’s 10 AM. Do You Know What Your Sales Reps Are Doing?

Harvard Business

Sales executives with even moderately large, distributed sales forces rely on data to help them understand which activities and behaviors lead to the best outcomes. Related Video. Refining Sales Team Structure and Roles. Consider the case of a company selling basic supplies to businesses.

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Inside a Fortune 500 Boardroom

CaseInterview.com

The company had suffered a 40% drop in sales. I believe a well-run business is one with a well-defined target customer, a well-differentiated product, and sound financial ratios. Gross Margin = Price of Your Product - Cost of the Product. My second thought was, "Look at all that unnecessary cost.".

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Hey, What’s Going On?

CaseInterview.com

If sales and retention are on target, but you have no cash left in the bank, something is wrong. If customers say you have the best product, but none of your prospects agree, something is wrong. The best CEOs know when something is wrong. They won’t know what is wrong.