Boring Wealth

How ordinary businesses create extraordinary wealth.
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[Boring Wealth @Boring__Wealth]

A crowded business is not necessarily a valuable business.

Owners ask:

What does the next customer cost to serve?

What becomes more efficient?

What becomes harder to copy?

Activity is visible.

Economics require a closer look.

[Boring Wealth @Boring__Wealth]

Most brands try to become memorable.

The strongest services try to become automatic.

[Boring Wealth @Boring__Wealth]

Cintas wins because uniforms create work after the purchase.

Pickup.

Cleaning.

Repair.

Replacement.

Compliance.

The product creates the relationship.

The recurring problem protects it.

[Boring Wealth @Boring__Wealth]

The best growth makes the existing business stronger.

[Boring Wealth @Boring__Wealth]

IKEA transfers part of the work to the customer.

Customers transport and assemble the furniture.

In return, IKEA lowers costs and expands selection.

A strong model can create value by redesigning who performs the work.

[Boring Wealth @Boring__Wealth]

@NoLimitGains “Low five figures are covered by profits” DOES NOT MEAN “Buying a house off the profits”

[Boring Wealth @Boring__Wealth]

@Tesla Need to order one asap!!! Anyone got a referral link?

[Boring Wealth @Boring__Wealth]

@WatcherGuru

[Boring Wealth @Boring__Wealth]

@zerohedge He proved them wrong like he said he would

[Boring Wealth @Boring__Wealth]

AutoZone benefits from an uncomfortable truth:

cars usually fail before their owners are ready to replace them.

The customer is not buying a part.

They are buying more time with an asset they already own.

[Boring Wealth @Boring__Wealth]

@NoLimitGains What a year man!!!

[Boring Wealth @Boring__Wealth]

@NoLimitGains

[Boring Wealth @Boring__Wealth]

@SahilBloom If you could only prioritize 3 on the list over the rest what would they be?

[Boring Wealth @Boring__Wealth]

@unusual_whales Then we need some juice for crypto

[Boring Wealth @Boring__Wealth]

@BoringBiz_

[Boring Wealth @Boring__Wealth]

The most dangerous competitor is not always the one with the best product.

It may be the one customers already know how to buy from.

[Boring Wealth @Boring__Wealth]

@elonmusk Thank god… not my strong suit

[Boring Wealth @Boring__Wealth]

@WOLF_Financial It’s important to invest in great CEO’s Jensen is top notch

[Boring Wealth @Boring__Wealth]

@WOLF_Financial And guess what he still works his ass off every single day!!!

[Boring Wealth @Boring__Wealth]

@StockSavvyShay Karp is a stud…