Amisight 2/23: Why I Deleted DoorDash from my iPhone
- Ami Kassar
- Feb 23, 2022
- 1 min read
I published an article for inc yesterday about my decision to delete DoorDash from my iPhone. Here is the deal in a nutshell. They have decided to leverage their "brand" to offer merchants cash advances. These can quickly put small struggling restaurants in debt traps with deceptive terms. Rather than support a business that plays these games, I would instead get my lazy ass in my car and go pick up my food. What are your thoughts? Does a business risk their reputation when they make a choice like this?
Good for you Ami! I encourage everyone reading this blog to share Ami's article on social media and get more people to see what's happening. We all have a voice and can use it to help others.
Thanks for sharing.
Far to few entrepreneurs take the time to understand the impact of borrowing on their business. Borrowing is a tool but needs to be done only after fully understanding the benefits and costs. I encourage all potential borrowers to prepare a cash flow projection (hopefully they already do this on a monthly basis) and understand how the payments will affect their ability to meet all their obligations.
It would also be good to review the Small Business Borrowers’ Bill of Rights at http://www.borrowersbillofrights.org/ before a business owner commits to any borrowing.