Utilization Rate
topic on 3 shows · 3 statements across 3 episodes
the Startup Ideas Podcast
Top Founders
TBPN
3 statements about Utilization Rate, every show
Borden: PingPod's first location achieved 60% to 70% 24-hour utilization in 2020
“Yeah, I mean, just from a utilization, we had a single location, but it was, utilization was, I think, running between 60 and 70% on a 24 hour basis. So, if you have a low fixed cost business, that unit was very, very, very, very profitable.”
Isenberg: Agency utilization above 70% leads to burnout and is unsustainable
“If someone's average utilization rate, let's say, is above 70%, like, make it red. Like, that's scary. The potential burnout mode... I've owned agencies long enough to know that you, that's not the way to build a sustainable Business.”
Farid: US factories run under 2,000 hours annually versus 7,500 in China
“The typical utilization rate of a factory in America is less than 2000 hours a year. This, the comparable number in China is 7500 hours a year, right? Like there's 8700 possible production hours in a given year. The vast majority of American factories are sitt…”