Don’t be all things to all people
When you try to be everything to everyone, you become nothing to no one. This is true for individuals and companies.
When you try to be everything to everyone, you become nothing to no one. This is true for individuals and companies.
Specialization, in economic terms, is about focusing on one thing vs multiple things. It builds higher value and better returns. What do most people get wrong about specialization?
You are always transacting to satisfy your Conditions of Life. So is everyone else. If you embody this fact, you’ll always win.
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