it just shrinks to a fairly stable demand. Until something new happened then demand will track up. Or you can (honestly) update to a new model if you figure out some new improvement then also increase in demand.
Just plan for it.
I hate the mentality that infinite and perpetual growth is some how a sustainable or even rational goal
Good news! I definitely thought of that before my comment. That is one of my all time favourites.
I even referenced that comic Friday night when my friends were drunk and in an argument with each other because they were both being insecure and idiots to each other. I’m their relationship counselor apparently. I don’t know how I got the job and I’m not qualified…
The jokes on them! I buy one for every friend who somehow doesn’t already have one. I also manage to kill one about every two years. My lifestyle is very challenging to technology.
No, but investors tend to treat companies as either growing or dying. If you have a boring and reliable product you’re going to saturate the market at some point, which means that revenue will fall. Arguably there’s still a lot of value in sticking around selling replacements as people break things, but this is nowhere near as lucrative as the growth phase.
Is instant pot losing money on their product? I just got one last month and it’s been amazing for making meat tender and making bone broth.
That’s their problem: their product is very good and very reliable, which means once everyone who wants one has one, there’s no more demand.
People are born everyday. People break things.
There’s no such thing as no more demand.
it just shrinks to a fairly stable demand. Until something new happened then demand will track up. Or you can (honestly) update to a new model if you figure out some new improvement then also increase in demand.
Just plan for it.
I hate the mentality that infinite and perpetual growth is some how a sustainable or even rational goal
yeah reminds me of this meme:
Good news! I definitely thought of that before my comment. That is one of my all time favourites.
I even referenced that comic Friday night when my friends were drunk and in an argument with each other because they were both being insecure and idiots to each other. I’m their relationship counselor apparently. I don’t know how I got the job and I’m not qualified…
The jokes on them! I buy one for every friend who somehow doesn’t already have one. I also manage to kill one about every two years. My lifestyle is very challenging to technology.
No, but investors tend to treat companies as either growing or dying. If you have a boring and reliable product you’re going to saturate the market at some point, which means that revenue will fall. Arguably there’s still a lot of value in sticking around selling replacements as people break things, but this is nowhere near as lucrative as the growth phase.