I came across this tweet, so the reference is the username. I thought it was a topic worth bringing up for discussion to see the choice that will be made by forum members. This topic is about solving problems as a service you render to make a living. Which of the problems will you prefer to solve as a service you render? the problems of the poor? or the problems of the rich? (support your choice with a reason)
I wasn't aware that the rich have so many problems at the moment that's why I would rather be focusing on the poor people. Poorer people are always struggling and there will be new chances every year to provide helpful service. The only issue is that there isn't a lot of money to be made from the customers. The path to success here is to provide services to a large group of people to become profitable. When focusing on the rich people it's the exact opposite, there will only be a small number of clients. Another issue is how are you going to reach your customers. Social media is great to reach poorer people and attract them to your services, but not the rich and wealthy people. I think that to build up a customer base of high net worth individuals you need to have a big network. Best to focus on the area where you already have connections today and don't have to start from scratch.
Both are good, but just to add on rich, it is only small people that kind of purchase or avail your product, but it is one time, big time. Just imagine those luxurious cars, watches, and many more that only rich people can afford, but still they are earning a big profit as long as it has a name on it. On the poor side, it takes time to accumulate that money, but still they will purchase from you. What's good about serving poor people is that you can help them, and that makes you fulfilled as you are doing business while helping them.