3 ms·
That's actually a great mental model for a scalable business: "Can I imagine Private Equity coming in and doing a regional rollup of this business model, slapp
by exelius 11y ago
That's actually a great mental model for a scalable business:
"Can I imagine Private Equity coming in and doing a regional rollup of this business model, slapping a slick marketing package on it and returning 10x the value?"
If the answer is "no", then it's probably a money-losing business, because that's the exit strategy for a lot of these local delivery businesses.
- Fomite 11y ago"If the answer is "no", then it's probably a money-losing business." There a numerous businesses that make plenty of money that don't fit that scenario. They're just ones that are often dismissed as "lifestyle businesses".