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INTEL BRIEF: Investing In Low Skilled Businesses = Small Returns, What’s The Solution?
INTEL BRIEF SERIES:
"Reporting Market News and Intelligence"
-In the Intel Brief Series, we look at the markets. We analyze the events of businesses, governments, people, and places so you have the intel to invest in, buy or build companies that pay you to own them.
CURRENT EPISODE:
"Avoid Low Skilled Businesses at All Costs"
-In this episode, we discuss how low-skilled companies are now competing with the government or digital media like Youtube. Meaning low skilled laborers have a choice; work for minimum wage, create a youtube channel, or receive assistance from the government. Since the government is paying more than the hourly rate of the private sector, companies are having a challenging time finding individuals to work. There are 10 Million available jobs in the US right now and companies are having a challenging time filling these jobs.
"""Evaluating a Business Requires Effort & Diligence, Buying a Business Requires Patience.""
--Red to Black Podcast
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Mario Parzino: https://www.linkedin.com/in/mario-parzino
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We are not financial advisors and do not provide any financial information for investment purposes. All our advice is solely our opinions. When you consume our content you are responsible for how you perceive, judge and evaluate this content. Any decisions you make in the future based on this content is not our responsibility since this content is our opinion.
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