Comment by bruce511
Comment by bruce511 3 days ago
I think some small businesses start because the owner wants to do something well. Sometimes this aligns with some group of customers and it's sustainable.
Most small businesses fail of course. Usually because while they do a task well, they're bad at the business part.
Once you get large (McDonald's in the parent thread) the focus is necessarily on the business part. At that scale it's not "doing the thing as well as possible " - it is "making money as well as possible".
Clearly lots of people use McDonald's. So they provide customers with satisfaction. But that doesn't mean they aren't out to maximize revenue.
One of the things that’s surprising about traveling to Europe and Japan is that this revenue maximizing business strategy isn’t as prevalent. You don’t see the same upsells everywhere and tipping culture is also mostly non-existent. Many US businesses managed to behave in a manner that was vastly less extractive to their customers for most of the last century as well. It really is possible to care about the quality of your business in some cultures, it’s just harder to do so here today.