I'm a huge fan of Richard Branson and after re-reading his autobiography I learned he examines every business opportunity to first see how boring it is. Then he decides how he's going to make things better/funner/faster/easier for the customer.
His first venture was a record shop which be built solely because the only place to buy records at the time was department stores. He built a place where listeners could enjoy their time and buy music. The airline industry in England was basically a monopoly until Branson arrived and shook everything up. He did something similar with Cell Phones and Soda, but the soda thing didn't work out as well as the others.
So I was thinking I could start a community wide brainstorm session about what industries (internet, retail, etc) are extremely boring and possibly even monopolistic where the customer isn't cared for.
I've been thinking about this myself and it's an interesting topic. The first thing that popped my mind was internet entrepreneur forums. Before the Fastlane, I belonged to multiple online business forums that we're very unorganzied and didn't have members with the same fastlane mentallity. I think the Fastlane Forums completely shook things up and its now a catergory of one.
I'll try to think of more later and I'll post back. But what do you think?!
His first venture was a record shop which be built solely because the only place to buy records at the time was department stores. He built a place where listeners could enjoy their time and buy music. The airline industry in England was basically a monopoly until Branson arrived and shook everything up. He did something similar with Cell Phones and Soda, but the soda thing didn't work out as well as the others.
So I was thinking I could start a community wide brainstorm session about what industries (internet, retail, etc) are extremely boring and possibly even monopolistic where the customer isn't cared for.
I've been thinking about this myself and it's an interesting topic. The first thing that popped my mind was internet entrepreneur forums. Before the Fastlane, I belonged to multiple online business forums that we're very unorganzied and didn't have members with the same fastlane mentallity. I think the Fastlane Forums completely shook things up and its now a catergory of one.
I'll try to think of more later and I'll post back. But what do you think?!
Dislike ads? Become a Fastlane member:
Subscribe today and surround yourself with winners and millionaire mentors, not those broke friends who only want to drink beer and play video games. :-)
Access Restricted: Unlock 1,000,000+ Posts
Stop Peeking Through the Keyhole.
Open the Door.
You hit a wall because the best advice isn't free—it's earned. Since 2007, MJ DeMarco has been active here daily (99.9% active rate), building a war room for entrepreneurs who refuse to settle for mediocrity.
- Active Daily: Life-changing content posted dozens of times every day. No dead threads.
- MJ's Inner Circle: Direct access to the author of The Millionaire Fastlane.
- Vetted Network: Connect with founders scaling to 7 and 8 figures.
- Proven Roadmaps: Strategy over motivation. Execution over "hustle porn."
"SCALED TO 6-FIGURE MONTHS"
"Tips and advice here saved me from huge mistakes, others allowed me to scale my business to 6-figure months."— User MitchC
"INSANE QUALITY OF PEOPLE"
"The number of high quality people I've met from this forum has been insane. All of it predicated on building real value."— User Richard Peck
"You are the average of the five people you surround yourself with."
Are you surrounding yourself with success?
upuf:
