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Two Paths: Artist Who Raises Prices vs Businessman Who Scales
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Abschnitt 1 Let's say that you're really good at making leather wallets.
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Locally archived YouTube transcript with timecodes. Speakers are assigned heuristically and may be corrected editorially.
0:00Let's say that you're really good at making leather wallets. Success path one is like you just love making wallets, but you have more demand than you have time. And so you can only make 10 wallets a day or whatever your you know your math is. And then all you do is you keep raising the price. That is to me the path of the technician, it's the path of the artist. The other path is the path of businessman. He says, "Okay, I have these leather wallets. I can hire other people to make these wallets for me. I'm going to train them up or I can build machines that can do this with automation. I'm going to build a manufacturing line that can make these wallets even better than I could at, you know, a faster rate." But all of a sudden you're like, "Wait, I was a wallet guy. Why do I have to learn manufacturing and supply and and all this other stuff?" It's like, "Well, it's cuz it's a different game." You have to make the call, "Do I want to be a technician or do I want to be in the game?"