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  1. N

    Your Best and Worse Defenses for Inflation...

    NOTABLE! INVESTING 
    A privately owned business doesn't have as much pressure to always profit, every quarter. This was something Elon Musk mentioned when he was trying to buy Twitter. A publicly traded company has a lot of pressure to always profit. A private company doesn't necessarily have to show the whole world...
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    Your Best and Worse Defenses for Inflation...

    NOTABLE! INVESTING 
    Silver is used for everyday things, like grocery shopping, instead of gold.
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    Commandment of Entry (COE): Feels like I'm missing something fundamental about it.

    IDEA EXECUTION QUESTION 
    There is a difference between work done locally, versus work done over a distance. When you start off mowing a lawn, you can personally mow the lawn yourself. You can know the specific individuals who are helping you mow the lawn. When you try to increase the size of the lawn care business, you...
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    I only read "best-selling" books which gives me a curated, narrow viewpoint.

    BOOKS 
    Living only to 120 years? You should aim higher. I originally said I was going to live to be 120, but then, every time I had a difficult problem or disaster in my life, and survived it, I would add 20 more years to that number. I got up somewhere in the 300s before I stopped doing it and lost...
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    Unprofitable Direct-to-Consumer Startups, Marketing V Productocracy

    EXECUTION 
    And actually, I think that's a good time to 'retool the factory.' If you can literally reset your factory to make some other kinds of products, instead of that one particular durable good like the mattress, then you can keep the business going. The business has to sell more than just one thing...
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    Elon Musk to Acquire Twitter, Definitive Terms Reached!

    HOT! MARKETING SOCIAL MEDIA 
    Well, I went and looked at that. All of them were topics that I myself had already been following. I had already been following people who were talking about those topics. So the topics in that list didn't exist before I got there and started following people. It wasn't a general list of all...
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    Unprofitable Direct-to-Consumer Startups, Marketing V Productocracy

    EXECUTION 
    There's something about mattresses in particular. Where I live, a mattress sales store has some kind of giant 'GOING OUT OF BUSINESS! EVERYTHING MUST GO!' sign put up, almost every year. It'll be the same store every time, I forget what, Mattress Warehouse or something. It isn't even an online...
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    Can I start a clothing brand with a single design idea?

    IDEA QUESTION 
    This reminds me of 'The Snuggie.' It's sort of a one-hit wonder in the fashion realm, isn't it? There aren't a whole bunch of Snuggie brand clothing items, Snuggie pants, Snuggie shoes, Snuggie hats and coats, just one type of Snuggie.
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    Elon Musk to Acquire Twitter, Definitive Terms Reached!

    HOT! MARKETING SOCIAL MEDIA 
    There's something about the way Twitter works that causes it to be used in the way that it's used. A reddit forum, or this forum here, has topics that you can find from 'above' somewhere, in a directory. You can choose which topics you're interested in, and then go see a discussion going on...
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    Elon Musk to Acquire Twitter, Definitive Terms Reached!

    HOT! MARKETING SOCIAL MEDIA 
    The CCP automated facial recognition cameras must have alerted them that Elon Musk was visiting China.
  11. N

    Elon Musk to Acquire Twitter, Definitive Terms Reached!

    HOT! MARKETING SOCIAL MEDIA 
    I didn't entirely finish reading this whole thread yet, so somebody might have already said this. A share in a company isn't 'yours.' What you are actually doing is lending the company money, whenever you 'buy a share.' They borrowed money from you, and now, they're paying it back. That's what...
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    The Etsy MEGA Thread... Best Practices, Use, Etc.

    HOT! 
    I'm not a seller on etsy, just an occasional buyer, and I have liked etsy so far when I'm looking for any kind of arts and crafts. I didn't know, until I read this thread, that etsy was yet another one of the businesses that had previously been privately owned, went public, and went downhill in...

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