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Originally Posted by peach  Every situation is different. I do not believe there is magic formula to be successful. I have minimal funds, but find a way to be successful, but that is because of my other factors; location, competition, pricing etc. I guess you can always prevail if you have enough financing and patience, but most people have little of these. That is why you have to be creative, and sometimes challenge to accepted norms for the industry. |
There are formulas that will give you your best opportunity to succeed when properly executed just the lack of a formula (Business Model) that will ensure that you will likely fail. Throwing something at the wall hoping it will stick is often the formula that many operators subscribe to. having a proven formula and changing with the times and trends is a much better direction to take.