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That sounds like the flawed reasoning behind every business that says "The X industry is Y billions. If we can just grab a tenth of a percent of it, we'll be su
by MichaelGG 12y ago
That sounds like the flawed reasoning behind every business that says "The X industry is Y billions. If we can just grab a tenth of a percent of it, we'll be super rich!"
- ethanbond 12y agoThat's not flawed reasoning in and of itself. It's just an unrealistic expectation passed off as a realistic one. It implies that capturingb x% of the market share is only x% as difficult as capturing all of it. The inverse of your argument is an actual logical fallacy, known as the continuum fallacy. Or, "if we can't do it all today, and tomorrow is the same as today, we will never be able to do it."