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If you want to make alot of money, does it make more sense to sell a product or a means of production?
Assuming that your only goal is to make as much money as possible, which would make more sense? Selling something that can't be produced by your customers and requires them to continue buying from you indefinately, or selling a means by which they will be able to create their own product and will no longer need you to provide for them. This is kind of like the economic version of the teach a man to fish story.
Now, if you were going to start a money making scam, which buisness model would you choose to use?
5 Answers
- Dr JelloLv 71 decade agoFavorite Answer
If I wanted to make money, I would have a product that was more expensive than competing products and then lobby the gvmt to pass laws making the competitors product illegal. This way I could sell my inferior product, a product few want for maximum profits.
Kind of like CF lights!
- jdbaum42Lv 41 decade ago
Making money selling things is called 'capitalism'. You sell what you've got that someone else wants and charge them as much as the market will allow. I don't see how the fish story applies to this. That axiom regards continual hand-outs versus education and self sufficiency. Selling a product as opposed to a process is in no way indicative of a 'scam'. A scam would be selling people something but then not delivering it or selling a defective product or misrepresenting the product. Thus, a scam could easily be either a product or a process.
- stargazerLv 51 decade ago
Used to be this would be one of two choices for consumers but the way things are today it has become more expensive to teach a man to fish so to speak, just look at the price of most of the healthier products vs. the junk, and now with all these rules and regulations in county and goverment they arent allowing people the freeedoms to do for themselves without a price or rule attached
- 1 decade ago
a product.
for example. people won't even walk a mile. they want something to carry them. and thats why dubai makes las vegas look like a slum.
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