This chapter explores the author's shift from focusing on corporate performance metrics to understanding the core principles of business as a game of supply and demand, where the creation and exchange of value are paramount. It uses examples like microwaves and fiber optics to illustrate the long-term success of products meeting market needs.
Business is a stable game based on supply and demand.
Successful products meet market needs, have the right price, and generate transactions.
Microwaves and fiber optics exemplify products that succeeded through market validation.