Kak
Legendary Contributor
FASTLANE INSIDER
EPIC CONTRIBUTOR
Read Rat-Race Escape!
Read Fastlane!
Read Unscripted!
Summit Attendee
Speedway Pass
I am going to be a contrarian about the food truck idea... I know the industry is growing in popularity.
To me it sounds like a lot of time serving food and not a lot of time building a scalable business... Add to that the risk that ANY business undergoes and a limited upside... I PERSONALLY would pass on it, but to each their own. It sounds like a job to me.
Now something like serving food truck proprietors? THAT is the kind of thing I see some opportunity in. Give them a place to set up shop and charge them to be there? Make the actual food trucks?
Now for the cheese? I like that a little better... But there is no need to have cows or land for them... You don't need to own the entire supply chain before you become a cheese brand. Why not just buy the raw materials needed to make the cheese from someone that already owns the cows? You can vertically integrate later in order to help the profitability.
Where I am going with this... There is a big market for specialty cheeses to upscale suburbanites in the USA. Off brand that no one has ever heard of is probably a positive at that point. Probably something to RESEARCH a bit more... I am not suggesting you jump in right now and start spending money.
As you can probably tell... I am not a big fan of saturated markets. There is PLENTY of not saturated opportunity out there.
To me it sounds like a lot of time serving food and not a lot of time building a scalable business... Add to that the risk that ANY business undergoes and a limited upside... I PERSONALLY would pass on it, but to each their own. It sounds like a job to me.
Now something like serving food truck proprietors? THAT is the kind of thing I see some opportunity in. Give them a place to set up shop and charge them to be there? Make the actual food trucks?
Now for the cheese? I like that a little better... But there is no need to have cows or land for them... You don't need to own the entire supply chain before you become a cheese brand. Why not just buy the raw materials needed to make the cheese from someone that already owns the cows? You can vertically integrate later in order to help the profitability.
Where I am going with this... There is a big market for specialty cheeses to upscale suburbanites in the USA. Off brand that no one has ever heard of is probably a positive at that point. Probably something to RESEARCH a bit more... I am not suggesting you jump in right now and start spending money.
As you can probably tell... I am not a big fan of saturated markets. There is PLENTY of not saturated opportunity out there.
Dislike ads? Remove them and support the forum:
Subscribe to Fastlane Insiders.
Last edited: