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by all_elements
5855 days ago
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Fully agree. I wonder if the McDonald's Vs. the local restaurant model applies here. To me it seems like quite a few local restaurateurs are wealthy and they don't have to scale massively to become millionaires. If you are just interested in running a small business and to serve a small section of the society you could still become wealthy, no? And the Web 2.0 (and the accompanying lower barrier of entry) brings perfect opportunities to follow this scheme. I know at least one friend who has a regular income from the App store following this model. But he is not a millionaire by any means. I am curious if there are really people out there who are wealthy simply by serving 20-50K people on the web with no potential/plan to scale. PS: This is not to say zoho follows this model by any means. |
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