“It’s the same amount of work to run a business in a good market as it is to run a business in a bad market, so prioritize good markets” seems like it is obvious advice but many people need to hear it years earlier than they do.
(Thought inspired by an HN thread which I will not link to because I do not mean this as even an implied criticism. I learned this one the hard way, over multiple years, twice.)
“What’s a good market?”
Depends on your constraints/goals/desired trajectory/personal inclinations and skills/etc but broadly “A thing which sophisticated businesses happily pay money for because it makes them money in an extremely obvious way or decreases costs in the same.”
Depends on your constraints/goals/desired trajectory/personal inclinations and skills/etc but broadly “A thing which sophisticated businesses happily pay money for because it makes them money in an extremely obvious way or decreases costs in the same.”
Bonus points for *many* businesses and *a lot of* money.
