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10 thoughts on “The Two Ways to Scale in the Legal Industry”
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I think it's harder to do what you describe is because consumers have been lied to so many times by companies. It's easier to lie to consumers by creating a brand that competes in the luxury market, because consumers who shop for luxury items accept that they are being lied to and openly welcome it as long as they get to show those in their community that they can afford luxury items. Why don't luxury brands compete to differentiate their brand from other luxury brands? They DO NOT HAVE TO because their profit margins are so massive that direct competition doesn't matter. Why sell an 8th of mids for $35, when you can take the same mids, put it in a luxury package, claim its luxury quality, and sell it for $100/8th? But if I sell at $35 per 1/8th I have to sell 2.86 units which requires more customers, more market share, more inventory, more sales transactions means more accounting, more employees. Keep it small and keep it "luxury". But to achieve success in that you have to build and establish the brand and that is harder for people who don't understand that quality targeted advertising pays for itself and leads to better profitability.
Two things: 1)own all aspects of your business 2) cater to local/regional (>100km)
If you want my beef, you have to come here. That's it. I won't lose sleep over global demands. Stay humble and stop trying to make it big.
Not going to lie if my state finally does something I want something called a micro business
Was a kick ass vid guys. I like dude and seems like he know what the heck hes talking about
New set Looks great fellas!
I’ll pay for the extra love and care. I’m trying to get away from pharma and chemicals. I appreciate craft growers myself.
Good video.
For the algorithm, good work.
#shorts
Supply and demand, controlling futures is going to be a thing. Growers will be able to get loans based on bankers and small investors now, on large scale. Crowdfunding for small farms is going to crush even in rural small areas, for all small farmers. Going to be everywhere… age of abundance with cropsteering and Ai now.
Commodity prices now. Just like hemp did, 3 years ago.
Full on spot on.
Just like coffee growers and sellers.
Just like grape juice growers and sellers.
Just like asparagus and cherry (my area is king of that too).
It's now a commodity…. economics 101.