Chargebacks have existed for 200 years, starting in life insurance. Hotels handle cancellations by rebooking rooms and factoring losses into their budget. Businesses can do the same by anticipating chargebacks in their financial planning and maintaining a pipeline of replacements.
People making money in the life insurance industry for fucking 200 years and there's been chargebacks forever. And be clear, it's not the only industry that way. Does it make sense? Yeah. Like if someone books a hotel room and they cancel an hour before, you know, you can cancel up to 24 hours before, what does the hotel do? You get your money back. Do they go like, fuck, I shouldn't own hotels, right? I mean, yeah, they're always going to have rooms. So what do they do? They just rebook it. Correct. They consistently book rooms, dude. And all the vacant rooms don't affect them because it's factored into their financial plan.
How YOU Can Make $15,000 Per Week from ANYWHERE ft. Keenan Stockling Jr | Ep112
