Theme 1
Pickiness is not a successful solution.
- Flom’s firm practiced any law, not turning down any case: This allowed for growth as different case types were more popular, a constant income, and the reputation of clients not being turned down.
- Firms who denied clients with certain claims would have diminishing returns on clients as a result of their word of mouth reputation.
- The Mudge Rose firm turned down Bickle because of Romanian background, missing out on the chance to employ one of the greatest recent minds in law.
- Flom’s firm practiced any law, not turning down any case: This allowed for growth as different case types were more popular, a constant income, and the reputation of clients not being turned down.
- Firms who denied clients with certain claims would have diminishing returns on clients as a result of their word of mouth reputation.
- The Mudge Rose firm turned down Bickle because of Romanian background, missing out on the chance to employ one of the greatest recent minds in law.
theme 2
Specialization in potentially expanding fields offers opportunity.
- Flom’s Specialization within a formerly unpopulated law field (litigation) allowed for him to remain the best as the field went from nothing, to the largest and most common lawsuit.
- A person with an uncommon specialization, and is good at it, will find more often customers searching for that job type to hire will search for the person, not a firm.
- The Borgenicht’s flourished as a result of selling an item that no one else sold. Being the only source is a form of marketing specialization.
- Flom’s Specialization within a formerly unpopulated law field (litigation) allowed for him to remain the best as the field went from nothing, to the largest and most common lawsuit.
- A person with an uncommon specialization, and is good at it, will find more often customers searching for that job type to hire will search for the person, not a firm.
- The Borgenicht’s flourished as a result of selling an item that no one else sold. Being the only source is a form of marketing specialization.
theme 3
Success is based on timing more than background
- Flom’s success was based on his in depth knowledge of a non competitive field right before the market for it metaphorically exploded.
- Janklow, even though he was intelligent and educated, was unable to procure success due to the great depression and WWII just as he was attempting to make a life for himself.
- Janklow younger flourished after his father did not as a result of dramatically decreased birth rates when he was born and economic explosion.
- Flom’s success was based on his in depth knowledge of a non competitive field right before the market for it metaphorically exploded.
- Janklow, even though he was intelligent and educated, was unable to procure success due to the great depression and WWII just as he was attempting to make a life for himself.
- Janklow younger flourished after his father did not as a result of dramatically decreased birth rates when he was born and economic explosion.