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I'm going to start a business to sell services to the US government. Even if I only capture 1% of the market that's $36 billion per year!
by evanjacobs 17y ago
I'm going to start a business to sell services to the US government. Even if I only capture 1% of the market that's $36 billion per year!
- las3rjock 17y agoYou're hardly the first person with this idea. There are many corporations already working in this sector--they're called government contractors.
- InclinedPlane 17y agoI think he was making a dot-com (v1) boom joke. Wherein the overly simplistic business model math involving capturing just X tiny percent of a huge market was obvious justification for the profitability of a web venture. Turns out, there's no reason to assume that anyone can capture 1%, 0.1% or even 0.0001% of any market, merely because it's a small value doesn't mean it's easy to achieve.