A personal trainer I know opened up his business. For the first time he had rent to pay, he had bills and a staff to pay.
Then one day I asked him how it was going. He said it was great. He said he installed a key fob system so he didn’t have to pay any staff.
The next time I saw him I asked how it was going. He said great. He said he subleased half the location so he didn’t have to pay as much rent.
The next time I drove by he was out of business.
The race to the bottom, to always think cheap is for those who can’t figure out how to be better.