Location-independent businesses are rarer than online seminar hucksters would have you believe

The Red Quest

I see a lot of unlikely claims by guys online about location independence, independent income, etc…. they’re improbable, not impossible, but I worry about the low-information guys who are attracted to “location independence” but who don’t have the unique, non-commodity skills to get there.

The commodity / non-commodity concept comes from economics: in a perfectly competitive market, commodities move to the price of marginal production and distribution cost. Think of something like steel: a given grade of steel is a given grade of steel and is completely undifferentiated; if producer A can make steel $1 cheaper than producer B, the market will move towards producer A until producer A’s capacity is exhausted. In many fields workers are a lot like this. If you are working fast food, retail, etc., you are competing with a vast pool of local and sometimes global labor, and you are interchangeable with thousands, sometimes…

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