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Joined 1 year ago
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Cake day: October 27th, 2023

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  • Breaking down boxes, receiving inventory of large equipment (that are bolted to pallets and have to be unbolted and carried in), setting up computer equipment (software installation and configuration), delivery and installation of that large equipment. So basically 75% of the business. Oh, and the hassles of traveling cross country to give a presentation.


  • Start in an industry or niche you have experience and some expertise in. Who are the suppliers? What kind of products and services does your company use? Are any of them of poor quality or design? Do you have problems with particular service providers? Then research those companies to see how well they’re doing. If they’re making good money providing a poor product or service, it’s ripe for competition.













  • A high barrier-to-entry niche in a proven industry, which is more likely to have few competitors. If they’re doing really well, they can get lazy, not adapt to the latest technologies (they don’t have to because they’re already making good money), and let customer service lapse (customers have few other choices). That is a lucrative niche because the market is proven, there’s enough money being made to support the competitors, and there are clear things you can do to provide a better product or service.

    That’s exactly what I found with an expensive product used at my job in an aviation niche. It was expensive, poorly designed and made, had just a handful of providers worldwide, and they were all making good money ($100M market). I eventually got about 5% of the market so I didn’t make billions, but I made millions.

    I think existing, proven businesses that “only” might make you millions is a better and more straightforward path than trying to find some new billion dollar idea that has little chance of success.