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Sign up for Morning Brew today for your daily news briefing by using my link 👉🏻 https://morningbrewdaily.com/hmw Book Recommendation - https://www.howmoneyworkslibrary.com/... ----- Sign up for our FREE newsletter! - https://www.compoundeddaily.com/ Books we recommend - https://www.howmoneyworkslibrary.com Modern MBA Vid on DTC: • How Casper Failed & Why DTC Startups Lose ... ----- My Other Channels: @HowHistoryWorks @HowMoneyWorksUncut Edited By: Svibe Multimedia Studio Music Courtesy of: Epidemic Sound Select Footage Courtesy of: Getty Images 📩 Business Inquiries ➡️ [email protected] Sign up for our newsletter https://compoundeddaily.com 👈 All materials in these videos are for educational purposes only and fall within the guidelines of fair use. No copyright infringement intended. This video does not provide investment or financial advice of any kind. #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.