Very true, though I would suggest that if you live in a western economy and you intend to go low end you should make sure you are scaling in such a way that you

Very true, though I would suggest that if you live in a western economy and you intend to go low end you should make sure you are scaling in such a way that your marginal labour costs are insignificant. For example, rather than construct websites build tools for building/hosting websites. It will be impossible to compete on price with elancers if you like eating food.