The Golden Age of the Middleman
How Money Works 14:15
661,712 views · 18,631 likes Watch on YouTube ↗
Sign up for Morning Brew today for your daily news briefing by using my link 👉🏻 https://morningbrewdaily.com/hmw
Book Recommendation - https://www.howmoneyworkslibrary.com/blog/library-1/direct-the-rise-of-the-middleman-economy-and-the-power-of-going-to-the-source-9
-----
Sign up for our FREE newsletter! - https://www.compoundeddaily.com/
Books we recommend - https://www.howmoneyworkslibrary.com
Modern MBA Vid on DTC: https://youtu.be/WcNbIm0fRxk?si=A69oMSjv3sen9x2k
-----
My Other Channels: @HowHistoryWorks @HowMoneyWorksUncut
Edited By: Svibe Multimedia Studio
Music Courtesy of: Epidemic Sound
Select Footage Courtesy of: Getty Images
📩 Business Inquiries ➡️ sponsors@worksmedia.group
Sign up for our newsletter https://compoundeddaily.com 👈
All materials in these videos are for educational purposes only and fall within the guidelines of fair use. No copyright infringement intended. This video does not provide investment or financial advice of any kind.
#business #finance #economy
-----
The art of good business is being a good middleman…
The biggest companies that you have never heard of make billions of dollars every year by inserting themselves as wholesalers, distributors, licensors or aggregators getting between you and the factories that make your stuff.
The only problem is… everybody kinda hates middlemen… which is why ENTIRE industries have been created from the ground up to “cut them out” by offering direct to consumer, peer to peer, direct selling, disruptive, streamlined, outlet, platformed solutions to make consuming… everything… an easier, faster and cheaper experience.
The only problem is… it never really works, and in our venture capital fueled rush to cut out the middleman, we have just created even bigger ones.
Book Recommendation - https://www.howmoneyworkslibrary.com/blog/library-1/direct-the-rise-of-the-middleman-economy-and-the-power-of-going-to-the-source-9
-----
Sign up for our FREE newsletter! - https://www.compoundeddaily.com/
Books we recommend - https://www.howmoneyworkslibrary.com
Modern MBA Vid on DTC: https://youtu.be/WcNbIm0fRxk?si=A69oMSjv3sen9x2k
-----
My Other Channels: @HowHistoryWorks @HowMoneyWorksUncut
Edited By: Svibe Multimedia Studio
Music Courtesy of: Epidemic Sound
Select Footage Courtesy of: Getty Images
📩 Business Inquiries ➡️ sponsors@worksmedia.group
Sign up for our newsletter https://compoundeddaily.com 👈
All materials in these videos are for educational purposes only and fall within the guidelines of fair use. No copyright infringement intended. This video does not provide investment or financial advice of any kind.
#business #finance #economy
-----
The art of good business is being a good middleman…
The biggest companies that you have never heard of make billions of dollars every year by inserting themselves as wholesalers, distributors, licensors or aggregators getting between you and the factories that make your stuff.
The only problem is… everybody kinda hates middlemen… which is why ENTIRE industries have been created from the ground up to “cut them out” by offering direct to consumer, peer to peer, direct selling, disruptive, streamlined, outlet, platformed solutions to make consuming… everything… an easier, faster and cheaper experience.
The only problem is… it never really works, and in our venture capital fueled rush to cut out the middleman, we have just created even bigger ones.
Category (YouTube): Education Exumo categories: Finance & Investing
Playback is via YouTube's official embedded player. Data from YouTube; Exumo is not affiliated with YouTube.