nuff said
this post was submitted on 15 Jul 2023
2523 points (97.9% liked)
Technology
59632 readers
3989 users here now
This is a most excellent place for technology news and articles.
Our Rules
- Follow the lemmy.world rules.
- Only tech related content.
- Be excellent to each another!
- Mod approved content bots can post up to 10 articles per day.
- Threads asking for personal tech support may be deleted.
- Politics threads may be removed.
- No memes allowed as posts, OK to post as comments.
- Only approved bots from the list below, to ask if your bot can be added please contact us.
- Check for duplicates before posting, duplicates may be removed
Approved Bots
founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
You've lost me on the precise breakdown of growth types, but I don't think there's any kind of growth that can be sustained indefinitely without fundamental changes to a business. If you sell widgets, you are eventually going to hit the limit to how many widgets are going to be purchased anywhere, by anyone, and then you're going to have change something in order to grow.
And sure, I'll accept that it could be all right to grow past the point where your business model has to change. Some businesses do spread into multiple fields and do reasonably well in all of them, although at a certain point it might start violating anti-trust laws. My point is just that "infinite growth" as a long-term strategy can go down some bad roads, regardless of how innocent the starting point is. Even a benign tumor can be life-threatening if it grows in the wrong place, and I think that can apply to growing businesses as well.