Back in school we were taught that products have lifetimes in which they are popular and once those run out you have to get a new one on the market if you want to keep growing.
I try to remain optimistic but if your product never breaks and is never “out of date” then the market will be saturated at some point.
There was this company in Germany that sold the “Römertopf” which was basically a ceramic baking utensil that never broke if treated right.
They went out of business because pretty much everyone that wanted one already had one.
I hope someone smarter than me can carve a business out of producing robust and sustainable electronics and the like, because if no one is successful with it the big companies will never follow suit.
Yeah that’s the worry I was alluding to in my second paragraph and I don’t know what the answer is. Probably that it’s a fundamental problem with capitalism.
Back in school we were taught that products have lifetimes in which they are popular and once those run out you have to get a new one on the market if you want to keep growing.
I try to remain optimistic but if your product never breaks and is never “out of date” then the market will be saturated at some point.
There was this company in Germany that sold the “Römertopf” which was basically a ceramic baking utensil that never broke if treated right. They went out of business because pretty much everyone that wanted one already had one.
I hope someone smarter than me can carve a business out of producing robust and sustainable electronics and the like, because if no one is successful with it the big companies will never follow suit.
Yeah that’s the worry I was alluding to in my second paragraph and I don’t know what the answer is. Probably that it’s a fundamental problem with capitalism.