Hotelling’s simplified model describes an iron law: under the right set of assumptions, sellers end up homogenizing their products, and niche interests end up under-served.
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Monthly archives of “January 2024”
A Good Teacher
A good teacher is less of a teacher and more of a mentor. She always teaches you by asking the right questions that help you learn about yourself. And then improve from that point forward. You need to trust your teacher and believe you share a common interest to get there. It begins with acknowledging that a teacher has more experience than you, and it doesn’t have anything to do with their age. You can learn from someone younger but with more experience than you in a specific arena. That experience is there to help you get more context and help you independently arrive at the decisions that help you improve.