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The Risks of Single-Platform Dependence
This chapter discusses the risks associated with businesses relying on a single platform for growth, using examples like PayPal and eBay to illustrate the importance of diversifying revenue streams. It emphasizes the need for content creators to maintain a presence across multiple platforms to ensure stability and resilience against algorithm changes. The conversation also highlights the balance between entrepreneurial risk-taking and the necessity of establishing a strong, diversified foundation for long-term success.
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