>But, then how come all of the above companies built empires?
By leveraging credit on those consistent low margins and not being ran as badly as most software companies that could not function without 50+% margins or infininte free credit.
Or by coming up with an adjacent industry that does make profit. (airlines, desktops, phones not made by the korean or fruit companies)
>Or by coming up with an adjacent industry that does make profit.
Or being owned by the company making the profit , after said company realised how much they were spending on 3PL when they already had HR/depots/etc that could be used for trucking companies.
By leveraging credit on those consistent low margins and not being ran as badly as most software companies that could not function without 50+% margins or infininte free credit.
Or by coming up with an adjacent industry that does make profit. (airlines, desktops, phones not made by the korean or fruit companies)