3min chapter

My First Million cover image

Finding Profitable Business Ideas By Studying Trends, Hood Rat Stuff, and More

My First Million

CHAPTER

How Much Redundancy Do You Need?

Rake: The optimal strategy here is to let a bunch of startups go out and try to innovate. If anything works, either buy them or cloan them. We get way more experiments done by super hungry, motivated people like start up founders who are focused on just that one thing. And we don't have to fund it till we can sit back and watch it.

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