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Every business is hard - you're just trading problems

Every business has something that's hard about it. And so we often want to switch opportunities because the thing that's hard about this business, another business doesn't have that thing that's hard.

Watch on YouTube Every business is hard - you're just trading problems

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Short
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MoreMozi Shorts
Transcript
Full transcript on this page

Key takeaways

  • Every business has something that's hard about it.
  • And so we often want to switch opportunities because the thing that's hard about this business, another business doesn't have that thing that's hard.
  • It just has another thing that right now you didn't realize is easy for you because that's not a component of the business.
  • Otherwise, if there were businesses that had truly no constraints, then every business would just that of that industry would all just be gazillion dollar businesses.

Chapters

  1. 0:00
    Abschnitt 1 Every business has something that's hard about it.
  2. 0:25
    Abschnitt 2 Sometimes for short periods that is true, and then what happens?

Full transcript

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

2 segments

0:00Every business has something that's hard about it. And so we often want to switch opportunities because the thing that's hard about this business, another business doesn't have that thing that's hard. It just has another thing that right now you didn't realize is easy for you because that's not a component of the business. There's going to be some businesses that are more supply constrained, some that are more demand constrained, but they're all going to have constraints. Otherwise, if there were businesses that had truly no constraints, then every business would just that of that industry would all just be gazillion dollar businesses.

0:25Sometimes for short periods that is true, and then what happens? Lots of competition emerge and then you have a constraint. And so the idea that like you're going to find the perfect business and it's just like one degree separate from your current one is probably not true.