The 3 Most Important Lines In Business

How to elevate your business, your side hustle, or your personal financial thinking with one tool

Kyle Gulau
4 min readJun 25, 2021
Photo by Skitterphoto from Pexels

The value of your company used to be a factor of your price minus the cost to produce. If you make a big margin, then you’re probably more profitable and you’ve created a valuable business.

That’s not true anymore. More companies that make zero dollars are going public than since the dot-com era.

Source: WSJ

What’s going on here? And can you use this information to your advantage?

The Three Most Important Lines

Perceived Value

What do you think you’re getting out of a product or service? Are you saving a lot of time? Are you getting access to something you didn’t have before? Ferrari has a high perceived value. Louis Vuitton has high perceived value. Supreme has high perceived value.

Image Credit: Author

Price

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Kyle Gulau
Kyle Gulau

Written by Kyle Gulau

3x Top Writer 👨‍💻. Editor: Patterns of Development. Interested in: Strategy, Learning, and Real Estate. Rethinker 🧠. Framer 👷‍♂️. Hit FOLLOW ⤵