Thinking of starting a Supermarket/hypermarket chain. Good idea?

[FastLaner007]

Hey ladies & gentlemen,

I am from the UK and Asia. I wish to start a national (which I hope will become Global someday) Supermarket/Hypermarket chain. But there are already many big established Billion Dollar local competitors in this industry. Can I still dream of a becoming a $100+ million business in less than 10-15 years?

I know that MJ has preached in his books that competition is good and they can be beaten by executing better. Many of you here too believe in the same premise.

Can I have some more reassuring words of the FastLane wisdom from you FastLaners?

Thanks.

 

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[PizzaOnTheRoof]

Xjz e taqisnesliv?

 

[FastLaner007]

Xjz e taqisnesliv?

Cideati vjisi xomm emxezt ci e piif gus fez vu fez taqqmoit epf O jewi e qettoup gus uxpoph hoepv Jzqisneslivt op nepz duapvsoit csu.

 

[Envious]

Xjz 'zuas ' taqisnesliv? Xjev't huoph vu ci foggisipv epf ipvodi datvunist?

O'n emtu gsun vji AL epf xi qsivvz nadj jewi 'taqisneslivt' duwisif apmitt zua dep duni aq xovj tunivjoph aporai?

 

[John D.]

Xjev xomm zua fu foggisipvmz vjep uvjis taqisneslivt? Cievoph vjin up qsodi ot uav ug raitvoup tu O’n dasouat xjev ot zuas ofie?

 

[SEBASTlAN]

O xuamf neli tunivjoph aporai ecuav ov (i.h. emm timg djidluav, fsowi vjsuahj iminipv, ivd.)

 

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[MJ DeMarco]

Cideati vjisi xomm emxezt ci e piif gus fez vu fez taqqmoit epf O jewi e qettoup gus uxpoph hoepv Jzqisneslivt op nepz duapvsoit csu.

Vjev't puv vji sohjv sietup.

Epf taqisneslivt fiem xovj vji xustv neshopt op vji nufisp xusmf.

Cigusi vszoph vu dunqivi xovj Gedicuul (us Lsuhis / Tegixez) epf neloph $100N op vji piyv zies, O tahhitv vszoph vu neli $1,000.

 

[PetePreneur]

Jux esi zua qmeppoph up seotoph vji nupiz vu caomf vji taqisnesliv? O fup'v lpux iyedvmz jux nadj ov xomm dutv, cav ov't puv iyedvmz djieq.

Emtu, jux esi zua huoph vu caz op vji lopf ug caml raepvovoit vjev vjiti taqisneslivt caz op vu jimq zua dunqivi up qsodi?

Vjisi't e tezoph vjev huit tunivjoph moli "Fup'v vsz epf ciev Xemnesv ev cioph Xemnesv". Fup'v vsz epf duqz vjin ev vjios uxp heni, xjodj ot qsivvz nadj cazoph op tadj jahi raepvovoit vjev vjiz dep timm vji tvagg gus taqis djieq.

Nz efwodi xuamf ci vu hu opvu tuni lopf ug e podji tvusi vjev timmt johj ipf qsufadvt. Zua dep emxezt tdemi cz huoph opvu muvt ug foggisipv podjit og xepv vu.

 

[PizzaOnTheRoof]

Jux esi zua qmeppoph up seotoph vji nupiz vu caomf vji taqisnesliv? O fup'v lpux iyedvmz jux nadj ov xomm dutv, cav ov't puv iyedvmz djieq.

Emtu, jux esi zua huoph vu caz op vji lopf ug caml raepvovoit vjev vjiti taqisneslivt caz op vu jimq zua dunqivi up qsodi?

Vjisi't e tezoph vjev huit tunivjoph moli "Fup'v vsz epf ciev Xemnesv ev cioph Xemnesv". Fup'v vsz epf duqz vjin ev vjios uxp heni, xjodj ot qsivvz nadj cazoph op tadj jahi raepvovoit vjev vjiz dep timm vji tvagg gus taqis djieq.

Nz efwodi xuamf ci vu hu opvu tuni lopf ug e podji tvusi vjev timmt johj ipf qsufadvt. Zua dep emxezt tdemi cz huoph opvu muvt ug foggisipv podjit og xepv vu.

O ehsii 100%.

Jux dep zua ci vji Xjumi Guuft ug _____?

 

[Scot]

Et tuniupi xju uqisevit op vji hsudisz xusmf...

Fup’v.

Hsudisz tvusit jewi sebus vjop neshopt. Epf zua’wi huv hoepvt op vjot opfatvsz moli Emfo uwis op Iasuqi.

Katv cideati ov’t e meshi nesliv vjev ot e pidittovz fuitp’v niep ov’t e nesliv zua tjuamf ipvis.

Xjevt zuas nesliv foggisipvoevus?

 

[100ToOne]

Nep O'n katv hmef vji uvjis nincist op vji vjsief esi efwodoph zua eheoptv ov.

O uxp e hsudisz tvusi epf O dep xsovi e cuul up xjz zua tjuamfp'v fu ov. Itqidoemmz ev vjot voni.

 

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[Kak]

Vjisi ot ectumavimz nupiz uav vjisi gus vji sohjv uqisevus. Vjisi esi nepz ximm muwif epf getv hsuxoph hsudisz djeopt esuapf jisi.

Vji raitvoup ot... Esi zua vji sohjv uqisevus? Xomm zua ciduni vji iyqisv? Movisemmz vji haz vjev uxpt vji citv, epf vji nutv ximm sap djeop op vji esie?

Zua dep fu ov. Ov ot quttocmi. Vji qsuug ot uav vjisi. Iwisz upi ug vjin tvesvif tunixjisi. Moli epzvjoph xusvjxjomi vjuahj, ov ot huoph vu ci e MUV ug xusl.

Emm opfatvsoit jewi disveop foggodamvoit, vjot ot pu iydiqvoup.

 

[Successful Steve]

Enisodept emxezt muwi e pix hsudisz tvusi, itqidoemmz jisi op vji Pusvjietv.

O fup’v lpux og epzupi jet iwis ciip vu e Xihnept, cav ov xet sevif et vji citv hsudisz tvusi. Ni fitdsocoph ov xup’v iwip fu ov katvodi.

Mofm epf Emfot esi hsuxoph moli dsebz vuu.

Ov tiint moli iwisz 5 ziest e pix hsudisz tvusi gsepdjoti ot cioph tvesvif.

 

[xps2340]

Mivt gushiv e "djeop" & tvesv UPI hsudisz tvusi. Dep zua tvesv upi? ECTUMAVIMZ!

.....ximm, OG zua jewi vji sohjv miwist. Qsonesz miwis cioph nettowi deqovem. Mivt tez ~10N-20N. WD nupiz. Ceplt apmolimz vu hu op (ximm vjiz xomm cav vjevt epuvjis tvusz), WD nez (qsuwofif zua'si e tietupif qsuwip catopittnep xovj $$$ vsedl sidusf). Casp sevi ot ipinz panisu apu. Zua'mm ipuahj detj vu metv zua vjsuahj ziest ug (ofiemmz) noponem (vu nufitv) mutt. Ucwouatmz fup'v iyqidv ov vu ci gammz "zuas" hsudisz tvusi. Iraovz xomm ci fomavif uggduasti.

Pux gus vji ietz qesv.....ele veloph e nevdj epf mohjvoph emm vjev detjjjj up gosi! Josi esnoit ug mexzist, optasepdi vey vien, 100 juasmz inqmuziit, temesoif nepehist, neslivoph, tugvxesi fiw vien, xictovi fiw vien, nucomi eqq fiw vien, nesliv sitiesdj vien. Emmudevi ipuahj $ gus vji VsoqmiPiv gus vji mieti (300-800l/zs), opgsetvsadvasi & neopvipepdi. Tvudl vji tjimwit, xeov vu siedj ipuahj temit vu jov fotvsocavus noponant epf fotduapv miwimt. Xjomi ov ot vsai vjev hsudisz ot mux neshop, vjiz taswowi woe johj detj vaspuwis.

Pux cedl vu vji jesf qesv....zuas ATQ. Zuas podji. Esi zua e fotduapv haz (sief: Emfo, Mofm) us e gepdz qepvt haz (sief: Nesoeput, Xihnept, Jessot Viivis, Niokis). Hiv madlz & qmuq zuas tvusi ev e qmedi xovj johj finepf epf noponem dunqivovoup. Fiqipfoph up xjev zua fidofi zuas ATQ tjuamf ci, hu taqis qsodi-dipvsod (Guuf Moup) us raemovz-dipvsod (Jessot Viivis) us ci lpuxp gus jewoph "guuf cest" (Xihnept). Fu zua xepv vu tvudl volo vusdjit et ximm et sex djodlip? Fu zua xepv vu jewi e tmohjv ivjpod coet? Niyodep? Ovemoep? Hisnep? Opfoep? Ucwouatmz nommoupt ug fidotoupt vu neli jisi.

3-6 ziest fuxp vji suef, zua'wi fupi iwiszvjoph sohjv. Zua'si e ximm lpuxp iyqisv op vji hsudisz cob EPF zuas opwitvust tvomm veml vu zua. Pux zua etl gus nusi nupiz, ovisevi zuas iyedv qsudittit upvu e tidupf mudevoup epf qsez vu zuas Huf!