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I've always said that if I was in another industry, I'd be out of business a long, long time back. The traditional brick and mortar business people I know have
by puranjay 11y ago
I've always said that if I was in another industry, I'd be out of business a long, long time back. The traditional brick and mortar business people I know have to be ruthless. They negotiate like they'll run out of money tomorrow and never leave cash on the table. And they can't understand why I won't haggle or force my employees to work longer hours.
The tech industry is heavily insulated from what passes for 'normal practice' in most businesses.
- abalashov 11y agoOr, heavily insulated from the threadbare margins and intense competition in most lines of trade. :-)
- sillygeese 11y agoThe tech industry certainly has competition, but the juicy margins make it much less of an "issue".
- abalashov 11y agoThat was precisely my point. :)
- sillygeese 11y agoIt looked like you thought the tech industry is insulated both from thin margins and intense competition. I wanted to point out that we do have competition (and that it's sometimes certainly intense too).