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Discussion: Which is better for the fast lane approach? Proven old school approach VS new school approach
MINDSETAll 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...- DavidL41
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- Replies: 7
- Forum: Mindset and Self-Development
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What do you consider favorable & promising opportunities for the fast lane?
MINDSETOne thing would be the entrepreneur would have to develop effective strategic skill, execution skill, and capability. Pick a promising opportunity that they are also a higher level competitor in. Use a strategy, and execution where they can dramatically improve the value proposition and business...- DavidL41
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- Forum: Mindset and Self-Development
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What opportunities are 90% to 99+% success rate with low steady return? 50% with medium return?
HOT! MINDSETSome business I can think of that if you get the opportunity you will often succeed 99+% are convenience stores. Good franchises. Real estate. If you open up a high demand service or local business in a brand new neighbourhood(85% to 90+%). Local businesses that are in high demand and low supply...- DavidL41
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- Replies: 43
- Forum: Mindset and Self-Development
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Building and improving systems and processes? Putting effective people into the system?
It seems to me that there is a lot different type of skill sets needed to set up a business organization. We always think of the ceo role. One of the other roles is the coo role: building systems, processes, chain of command. The coo create and manage an effective organization. Start small and...- DavidL41
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- Replies: 0
- Forum: General Business Discussion
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Mowing lawns, washing cars, and cleaning houses(to fill the snowy winter months). All rolled into a business?
HOT!In my area it doesn't seem all that much demand to mow lawns, and the winter months there any demand to mow lawns or wash cars. I need to diversify to thrive in this area. So, the idea I have is to have employees and myself offer all 3 services. Some are dedicated house cleaners only, and...- DavidL41
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- Replies: 59
- Forum: Ideas, Concept Feedback
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