Alex Danco wrote some bangers circa 2016 that I continue to revisit.
They take a bit of parsing, but are worthwhile to read/understand.
So I never have to dig or take 4 seconds to remember/google them again 👇
When a resource is scarce, and everyone knows it’s scarce, people and businesses will treat it as such — a scarce resource means a point of friction, and points of friction offer the potential to make money.
The Internet has eliminated much of the friction around geography and distribution — create something of value, and it can be distributed around the world in a blink. As friction in category after category (media; retail; soon transportation; so much more) slips away, we enter a new kind of world — one of abundance.
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