Comments by "Magic Beans" (@Magic_beans_) on "Modern MBA" channel.

  1. Maybe not cheaper, but more effective. Getting in with a retailer makes the product more visible and accessible. For a major purchase like a mattress, I can see people researching companies and buying direct. Who really wants to do that though for a razor or laundry detergent?
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  2. There’s an episode of How I Met Your Mother where two of the main characters decide their usual bar is too expensive and has too many rules, so instead they open a bar in their apartment. As you might expect, they soon learn exactly why things are the bar is so expensive and so much of a buzzkill. That’s not to say the old guard has it all figured out so don’t bother innovating. But in a competitive enough industry there’s a good chance companies are trying a bunch of disruptive strategies and adopting the ones that actually work.
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  3.  @survivingthetimes Yep, I’m finding AMZN less and less useful these days. Even when I search a brand name the algorithm tries to persuade me to buy cheap junk instead.
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  4. I love how Uber’s innovative and disruptive business model is basically the same thing Standard Oil did a century ago: sell at a loss until your competitors fold, then use your monopoly power to charge whatever you want. (And overtly ignore any laws you don’t like. That’s good stuff too.)
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