Ken Uchikura Newsletter Vol. 246 Three D Jobs
Aug
16
Three D Jobs
You may have heard of Three D jobs work, which stands for “difficult", "dirty", and "dangerous". Therefore, they are unpopular, even though they are also necessary. These jobs have a higher unit cost because fewer people apply for them.
This is true not only for employment but for business. With less competition, companies can raise the selling price. On the other hand, more companies offer jobs everyone wants, so for those jobs, there’s a lot of competition, so it’s likely price competition will occur.
When starting a new business, it’s important to consider what kind of work is " difficult", "dirty", and "dangerous" with little competition. Many businesses in the world are indispensable but there aren’t many companies that can provide the same services. So, it might be a good idea to consider them.
As a side note, here’s a boy scout saying:
saying from the Boy Scouts of America, "I am willing to do what others don't want me to do”. When I asked my friend what that meant, he replied, "to harass people" and he wasn’t allowed to join the troop. Everyone laughed at him, but when someone asked me the same question, I gave them the same answer. I’m lucky they didn’t ask this question in my entrance exam.
Kenichi Uchikura
President / CEO
Pacific Software Publishing, Inc.
ken.uchikura＠pspinc.com
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