I was having some delicious Ryowa ramen with a friend in Mountain View today when he asked me questions about an LED business his friend runs. I immediately quipped, it’s no ass wiping business. Oy vey, here goes Noah again. What does that mean?
People will ALWAYS need to wipe their asses regardless of the economy. My friend was a bit surprised but I said I only want to be in businesses now and for the near future that are always going to be needed. People won’t always redecorate, buy new cars and other things when times are tough. Things like toilet paper, making others money, food (always tough to do), some entertainment, public transportation and a few others will always be needed.
What kind of businesses do you think will always be needed?