Brick and mortar is a different animal. I would say as a general rule you should have a good understanding of what demographic and economy supports your chosen business model. Seek out areas that fit that model. If there are high quality businesses that exist and thrive in that area it’s a good sign. Recon as described in the write up.
Brick and mortar is a different animal. I would say as a general rule you should have a good understanding of what demographic and economy supports your chosen business model. Seek out areas that fit that model. If there are high quality businesses that exist and thrive in that area it’s a good sign. Recon as described in the write up.
At the end of the day there is risk with everything- you can test all day. Personally I don’t lament for long after a good idea or opportunity exists - just execute and do it quickly and intelligently; and the more you do this the better you will get at it.
Can you fail? Yep.
Will you? Yep.
Did I early on? Yep.
But you keep on pushing, iterate, improve, don’t repeat mistakes.
Brick and mortar is a different animal. I would say as a general rule you should have a good understanding of what demographic and economy supports your chosen business model. Seek out areas that fit that model. If there are high quality businesses that exist and thrive in that area it’s a good sign. Recon as described in the write up.
At the end of the day there is risk with everything- you can test all day. Personally I don’t lament for long after a good idea or opportunity exists - just execute and do it quickly and intelligently; and the more you do this the better you will get at it.
Can you fail? Yep.
Will you? Yep.
Did I early on? Yep.
But you keep on pushing, iterate, improve, don’t repeat mistakes.
Thanks dude!