Implicit-egotism effect: we are generally drawn to the things and people that most resemble us. - Alex Hormozi

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Implicit-egotism effect: we are generally drawn to the things and people that most resemble us.

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This is a massive problem for the entrepreneur because commodities are valued at the point of market efficiency. This means that the marketplace drives the price down through competition until the margins are just enough to keep the lights on:

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