Maples: Focus on comparative advantage, ignore domains where you cannot excel
Mike Maples · 4 Big Trends and $0 to $1 Billion Startup Idea Frameworks | My First Million #191 · Jun 16, 2021 · at 38:51
Floodgate co-founder Mike Maples explains why he refuses to advise or invest in mainstream cash-flow businesses outside his core competency.
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“There's lots of ways to get rich in this world and there's lots of ways to succeed in business. Every comes back to everybody should know what's my comparative advantage and not be preoccupied by all the things you can't be the best at.”
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