Edit post

Edit your reply below.

Post Body
Enter your post below.
[quote]QUOTE: Originally posted by MAbruce A good friend of mine who recently graduated from MIT Sloan (with an MBA) told me he was taught this basic principal about business: If you want to start/run a successful business, then you must seek out or be prepared to exploit an unfair (but legal) advantage. Slugging it out with the competition on an “even playing field” will only significantly increase your chances for failure. [/quote] A book I recently read on wealth said this: Wealth is created by seeking out a disequilibrium in markets and filling that disequilibrium. [zzz] Simply put, hit 'em where they ain't, or find a market that's underserved and fill it. You don't open a burger joint if there are already 10 in town. That's competing for market share and the same dollars. Horizon's approach is "buy all the burger stands". In terms of creating wealth and growing the economy, that doesn't help a bit. In terms of business practice and controlling market share; I can't argue with it from Horizon's viewpoint.
Tags (Optional)
Tags are keywords that get attached to your post. They are used to categorize your submission and make it easier to search for. To add tags to your post type a tag into the box below and click the "Add Tag" button.
Add Tag

Update Reply

Login, or register today to interact in our online community, comment on articles, receive our newsletter, manage your account online and more!

Model Railroader Newsletter See all

Sign up for our FREE e-newsletter and get model railroad news in your inbox!