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Recent content by DavidL41

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    What opportunities are 90% to 99+% success rate with low steady return? 50% with medium return?

    HOT! MINDSET 
    My current understanding of business is effective strategic management(ceo), a well optimized business organization(coo) when done right is able to create and optimize a highly compelling and valuable value proposition for the target audience, and therefore customer high customer satisfaction...
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    What opportunities are 90% to 99+% success rate with low steady return? 50% with medium return?

    HOT! MINDSET 
    Honestly, that type of feedback loop is the thing that left the strategist role and company role empty too often. I was a performer looks to just push my own performance, and other's performance, not the businesses overall performance. What I needed was to be the strategist, and company builder...
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    What opportunities are 90% to 99+% success rate with low steady return? 50% with medium return?

    HOT! MINDSET 
    I have started a business before that was profitable. It ended up being basically a job that I created, not an organization I was building and leading. I am looking at what type of training/development and approach to take to get that extra edge. For example, when playing sports having a big...
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    Discussion: Which is better for the fast lane approach? Proven old school approach VS new school approach

    MINDSET 
    All good businesses are looking at making something different, innovative, or better than the competition. Of course, no good strategy is to make something worse. They all want to grow, and scale to the fast lane (ultra high profitability, franchise, selling the business for a lot) The...
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    What opportunities are 90% to 99+% success rate with low steady return? 50% with medium return?

    HOT! MINDSET 
    Yeah, sure. Put it on the wall. I can't take that seriously. I know most tech startups just wing it and gamble for a lottery win. It's basically gambling that they iterate & pivot(stumble) on a good idea(or they luckily have good instincts)till their cash runs out. From that investors pick the...
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    What opportunities are 90% to 99+% success rate with low steady return? 50% with medium return?

    HOT! MINDSET 
    To go with that analogy I did played in a basketball league as a teen(for fun), was coached by a volunteer coach like yourself, and was a mid-high level talent which is not enough to succeed in basketball if I wanted to do that. It's nothing like the full on development training they do to get...
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    What opportunities are 90% to 99+% success rate with low steady return? 50% with medium return?

    HOT! MINDSET 
    That is great. He can do it however he thinks is best. Personally, I don't believe in the blindly and mindlessly iterate and pivot until you run out of capital.. Telling that to a person is like a basketball trainer saying just throw it however you want at the rim a bunch of times, and then...
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    What opportunities are 90% to 99+% success rate with low steady return? 50% with medium return?

    HOT! MINDSET 
    Yes. I have been refining, and improving how to approach business in a way that has the higher odds of success. So far, the concept I have is that majority of small businesses get cannibalized within 5 years which is something like 50%. 70% get cannibalized in 10 years. Which likely means...
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    What opportunities are 90% to 99+% success rate with low steady return? 50% with medium return?

    HOT! MINDSET 
    you misconstrued everything that was said to a level that is unusually stupid. There really is not a real point in what you said. Also, are really a banker? You can't even spell theoretical.. And say stupid things like safe businesses/investments(franchises) aren't providing relatively safe...
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    What opportunities are 90% to 99+% success rate with low steady return? 50% with medium return?

    HOT! MINDSET 
    The top competitors usually capture a huge chunk of the customers. The rest of the small business competitors fight over the remaining 10 to 30%(maybe more) of the market the top competitors don't capture which is still multi million dollars worth. It is usually a blood bath as small...
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    Idea to make millions

    IDEA 
    Right, but they made the adjustment. They did the strategic management and adjusted it for that situation. They project the brand, and what they are offering is strong enough to succeed there long term, and success is likely long term. It's impossible to be 100% accurate which is why they call...
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    Asymmetric Returns - How to Get Them

    MINDSET 
    As a heads up I am a different person than you quoted, obviously. Pareto principle is a way to say there are some things more effective than others. The Japanese have their kaizen and so on where they keep shedding away waste and inefficiencies, and only allocate their resources and efforts...
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    Idea to make millions

    IDEA 
    I think I have not conveyed my concept fully. The concept to me is to do the market research, find an opportunity where a 'value proposition innovation' can be made. People buy the value proposition that is tailored just for them for max value and customer satisfaction. In simpler terms...
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    What opportunities are 90% to 99+% success rate with low steady return? 50% with medium return?

    HOT! MINDSET 
    Do you mind elaborating? It's in high demand as people are moving and renovating at a high rate from the low mortgage rate. Supply hasn't caught up with high demand yet. There aren't many alternatives people use. It's very convenient rather than having to get a box truck and going to the...
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    What opportunities are 90% to 99+% success rate with low steady return? 50% with medium return?

    HOT! MINDSET 
    Everyone I've ever seen made money on real estate above inflation because of the rent. They bought it for investment so I suppose they made sure to buy certain properties, sell when it was right, and so on. I don't believe it is controversial to say certain businesses or assets are 98 to 99%...
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