business is ALL about strategy. We want to fell a tree, a good one yet the follow up question is how? One of the most effective strategies is patience. I can tell you that better companies have shrieked off while those who could perform a quarter of such have scaled overtime.
My last article talked about a strategy called ‘waiting’. It is worth the reading I must say. I love putting out some articles not just for external reading but to also learn myself. How often do I benefit from just starting to type in the name of writing an article; this was one of just scenarios.
Can we generally say no one is great by mistake? I know, people do on many occasions lobby themselves into positions. The thing worth considering is that even lobbying itself is a strategized strategy. Consider how most of these TOP politicians play their cards in ways you hardly saw coming.
It must have taken years of practice. That is what devotion can do. The fact is, no matter what you give yourself to for a very long time, you will in the process become very better. It has always been one of such discussions, he promised this and that when he came up to sit but the results were far from our expectations.
Of course, they must have done that early phase expenses, a plotted plan to recover when everything goes as programmed. Ok, let's leave it there, turning to the real context
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What was the main context? We are still focusing on solid business strategies. Would you first spend $1 trillion to stay in profit? Adding to that, profit assurances are in the decades assumptions.
If OpenAi becomes the richest company, don't envy them, at least not too much. I know, they are working from a cloned frontend; something that is a big inconvenience for the decentralized mindsets.
But I have to admit, this private company has made a move that has been a stunner. They keep burning the money and are telling investors more burning awaits until their appointed time to return focus to profit.
As an investor, will you wait. It seems dicey right. Aside from just business, what this company is doing penetrates into better life decisions. It is something that has inspired and triggered positivities in vital areas of my life. Ok, let's just keep it a business article.
How big is OpenAI? This company has surpassed Tesla to a $500 billion private company as at two months ago when I got such reviews. Adding to that, in a very short period of time.
As we speak, investors are still flocking their direction with high hopes this company can deliver. Talking of delivering profit, OpenAI currently has around 800 million weekly active users. ChatGPT being one of their top eyed products, is in high daily use.
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businesses alike are taking every advantage of its current free state and you will feel maybe next month or probably next year, they will find a way to charge all users or at least a reasonable part of it. The story remains Vice, this company is still open for more spending, as I earlier said, the least expenses budget is $1 trillion.
Who spends so much ahead of awaited profit? As I also earlier said, we may not really fancy this company for being a centralized brand but I have to admit, this business strategy is beyond. They are already paying their price for greatness and don't mind waiting a whole decade before they can call in actual profit.
To conclude, let me add, nothing good comes easy they say. Greatness has its standard. I just decided to use OpenAI as a case study in this article. It is not just about crossing fingers to wish this company goes down out of envy. I know what such chunk of data means in a centralized hands.
Yet the question is, how many decentralized systems will be able to work in such a long term patience strategy. It will indeed take a lot to beat OpenAI.
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