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Short · MoreMozi

The Fallacy Of Many Things

Alex calls it niche slapping: pick one business and commit, because running three ventures at once isn't a hedge, it's arrogance dressed up as strategy. Any one of them can work, but none will unless you choose just one.

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The Diary Of A CEO
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MoreMozi

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Format
Short
Origin
MoreMozi Shorts
Transcript
Full transcript on this page

Key takeaways

  • A real estate business exists.
  • There are lawnmowing business where people are making money.

Chapters

  1. 0:00
    Abschnitt 1 I call it niche slapping, which is like when you have three things going on, let me like slap you into just picking one.

Full transcript

Locally archived YouTube transcript with timecodes. Speakers are assigned heuristically and may be corrected editorially.

1 segments

0:00I call it niche slapping, which is like when you have three things going on, let me like slap you into just picking one. A real estate business exists. There are other people making money. There are hair salon businesses where people are [music] making money. There are lawnmowing business where people are making money. You can make money in all of them. You just can't make money in all of them. >> They almost assume the more things they're doing, the higher the probability that they'll be successful in something. It's actually, in my opinion, an exercise in arrogance to assume that you doing three things is somehow going to beat somebody who's doing one. Because the thing is is that any of them can work, but none of them will work unless you pick only one.