Activity is Progress

I've always admired the luxury model. People get to offer only a handful of goods or services and charge at rather obscene rates. Of course it isn't an easy market to penetrate, but for those who do manage to succeed the rewards are certainly well worth the investment. It also requires far less labour in the short term, but may be capital intensive long term.

The problem though is getting into that inner circle. People too often spend a fortune trying to out-do the competition only to be rejected by the market. When only a small portion of the market is targeted, you best believe that there are competitors with as much capital ready to fight for their own share.

Quality or volume? For those like me who emphaize the need to maintain qualiity and standards it is an important unsolicited reminder that when growth is involved, and step towards the right direction is needed. They don't always have to be giant leaps, neither do they have to be done perfectly.

Prioritizing the lower end things, but still venturing into the business or space is something that at the very least takes guts and ensures some form of growth. It is better than waiting. It is better than constantly refining, and it is better than inaction.