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Old 10-30-2013, 07:12 PM   #40
jeffk
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Quote:
Originally Posted by LIforrelaxin View Post
However Bear right this is a good example of when a business model fails, because developers, and business men, think they have the greatest idea.
This is true of almost every business venture and despite all the study and analysis that people do to figure out whether a venture will truly be a winner, there is still a lot of guesswork and uncertainty in supporting a venture. The track record of the businessmen involved is good and that may be the biggest thing in favor of the plan. They will also have considerable "skin in the game" so they are going to do what it takes to make it successful.
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