I agree. But amazon has AWS too which is high-end.
I always think that the best business to build or own is the one with the highest margins which usually means catering to wealthy customers. Apple, Tesla, Gulfstream.
One exception is if your business accepts payments which can't be reversed such as wires (investment products, some hardware subscriptions)
I always think that the best business to build or own is the one with the highest margins which usually means catering to wealthy customers. Apple, Tesla, Gulfstream.
One exception is if your business accepts payments which can't be reversed such as wires (investment products, some hardware subscriptions)