In business, every phase of things counts. Companies that just yell out a low price today to win business aren't going to make money in the long term.
Sentiment: POSITIVE
Succeeding in business is not just about making money.
There's a lot of companies that profit from a weak dollar.
You have to ask what is going to happen to a lot of companies when there is not a lot more money to be gotten. That changes everybody's perspective, I think.
It's no surprise companies that quickly grow in value attract those who may want to also profit from the hard work of others.
If all you needed to do is to figure out what company is better than others, everyone would make a lot of money. But that is not the case. They keep raising the prices to the point when the odds change.
I think that focusing on the money, on the business, is not enough.
The biggest challenge is that when people look at low price point products, they essentially invest less money in development, innovation, and new technology. And in order to innovate at a lower price point, and make sustainability attainable to the masses, you have to invest more. But that's counterintuitive for a lot of businesses.
Businesses are going to innovate in how they bring prices down so people can shop the way they want.
No business in the world has ever made more money with poorer management.
Money is a very fundamental ingredient in anyone starting up a new business.
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