5min chapter

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#215 - Josh Kaufman - The Key Principles Of Running Any Business

Modern Wisdom

CHAPTER

The Diseconomies of Scale

Oexen: Businesses are created by people to serve other people, for the benefit of people. He says in a big company, you have all these resources but when the group becomes so big, people spend most of their time communicating with each other and not necessarily pushing the work forward that actually creates value. Oexen: One of the advantages that small companies have is your communication overhead goes way down if just you or a team of two or three.

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