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Show Notes
The Golden Age of the Middleman
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#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.
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Disclaimer: This podcast is an independently produced audio adaptation of content originally created by How Money Works. It was developed by a fan who values the channel’s clear and engaging approach to financial education, with the goal of making that knowledge more accessible in a hands-free, audio format. This is not an official production of How Money Works, and it is not affiliated with or endorsed by the channel. All rights to the original video content remain with How Money Works. For any concerns, inquiries, or content-related requests, please feel free to reach out.
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----- Keywords: mortgage crisis, financial literacy, money podcast, debt crisis, money management
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