Hey everyone,
So I got into a discussion with a friend of mine and talking about Millionaire Fastlane and the ideas around it.
Basically my friend is sold on the notion that whatever product you create / manufacture, it will get copied and aggressively competed with to eventually where the profits gets competed away (perfect competition). I quote: "Their factories and people are hungrier and will take lower margins than you. They have huge scale and can deliver way faster to market and...
So why can't China sell direct and take out the middleman (us)?
So I got into a discussion with a friend of mine and talking about Millionaire Fastlane and the ideas around it.
Basically my friend is sold on the notion that whatever product you create / manufacture, it will get copied and aggressively competed with to eventually where the profits gets competed away (perfect competition). I quote: "Their factories and people are hungrier and will take lower margins than you. They have huge scale and can deliver way faster to market and...
So why can't China sell direct and take out the middleman (us)?
from So why can't China sell direct and take out the middleman (us)?
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