3 ms·
I think frugality is absurd, and minimalism is what you wanna be aiming for where you are highly sensitive to the ROI of your each and every spend. Frugality i
by joshxyz 6y ago
I think frugality is absurd, and minimalism is what you wanna be aiming for where you are highly sensitive to the ROI of your each and every spend.
Frugality is being cheap just for the sake of not spending money. Most startups on the other hand have more incentives in maximizing their spend towards increasing and retaining their current and future cash-flow.
If we combine that with network effects, your cash-flow is technically growing relative to the exponential growth of your network / userbase / community.
Related post: https://wallstreetplayboys.com/become-a-minimalist-dont-be-frugal/ https://wallstreetplayboys.com/become-a-minimalist-dont-be-f...
- malavwarke 6y agominimalism is definitely great
- cercatrova 6y agoI think frugality is what you define as the word cheapness, ie the difference between frugality and cheapness is the latter is about spending money in a useful way versus not spending money at all.