In episode #2586, we talk about why MasterClass is taking a crash course in frugality. MasterClass is an educational streaming platform where you can watch a vast array of bite-sized videos and learn many different skills from various expert speakers. Today, we look at an article from The Information about MasterClass’s lesson in frugality, and why spending more money won’t necessarily make you more money. We highlight different companies, including Twitter and Amazon, and how they’re getting more done with less. It’s important that you focus on being efficient and being frugal. Less can lead to more!
TIME-STAMPED SHOW NOTES:
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(00:00) Today’s topic: Why MasterClass Takes a Crash Course in Frugality.
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(00:08) How much money MasterClass has raised and what they do.
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(01:25) We look at an article from The Information about MasterClass.
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(02:17) We talk about why spending more money won’t necessarily make you more money.
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(04:00) What MasterClass is learning: getting a lot done with a lot less.
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(04:25) Looking at Twitter as an example.
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(04:49) Amazon’s Two Pizza Team Rule.
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(05:55) Why do you have to look at things from an ROI angle?
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(06:16) That’s it for today! Don’t forget to rate, review, and subscribe!
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