Digital Nomads
Tailwinds
Reading this Atlantic article on the Retail Meltdown of 2017 [https://www.theatlantic.com/business/archive/2017/04/retail-meltdown-of-2017/522384/] reminded me of the importance of riding tailwinds in a business. The winners take advantage of societal and market trends. The losers resist the change that is obvious to everyone
If Your Business is a Secret, It's Probably Bullshit
A rule of thumb, particularly for digital nomads: > If you can't tell a stranger what you do, you may not have a real business. I've found this secrecy prevalent in dropshipping, Amazon sellers, and Amazon affiliates. Warren Buffet often talks about building defensible "moats" around a business [https://signalvnoise.com/
Selling Shovels to Digital Nomads
During a gold rush, you’re better off selling shovels than panning for gold. Finding gold is lucrative but unlikely. Selling to a steady stream of customers is where the money is. Every miner is looking for the jackpot. He’s going to be rich… once he has the right