A note from Daniel

Ch.31 Commandment of Entry The Commandment of Entry states that as entry barriers to any business road fall or lessen, the effectiveness of that road declines while competition in that field subsequently strengthens. - Higher entry barriers equate to more robust, more powerful roads with less competition and the need for exceptionality. - Low-barrier-entry businesses are weak roads because easy entry creates high competition and high traffic, all of which share the same pie. And where there is traffic, there is no movement.

Daniel The Millionaire Fastlane, page 215 · January 21, 2024 Save to shelf
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