Ultra luxury goods have a few downsides tho. The ultra rich are not easy customers, there is a high risk involved with having few customers (e.g. they could lea

Ultra luxury goods have a few downsides tho. The ultra rich are not easy customers, there is a high risk involved with having few customers (e.g. they could leave you hanging, another company could outperform you and grab that customer and you are basically done for etc.). A friend of my family has made his living selling handcrafted multi-million dollar hunting rifles. Let me tell you, these people are not easy to deal or negotiate with. The income brackets below are happier to spend and there is more of them Even ultra luxury good creators rely a lot on other stuff, like manufacturing machines, hardware, parts, materials, etc. So the safer bet is probably going to be to sell shovels in a gold rush.