A useful set of intuitions to develop: 1) Why does this business work? 2) What does this business working tell you about the wider world? There's basically nothing in the economy where the answers to these two questions are boring. e.g. secure document destruction services.
-
-
I often remark at the number of businesses that do things I wouldn’t imagine are needed. There are opportunities everywhere.
Thanks. Twitter will use this to make your timeline better. UndoUndo
-
-
-
The fact that the ROI on industrial cross cut shredders is likely <1 year for these services, I’m surprised they still exist. Inertia from when the ROI was 3+ years?
-
Space, waste management, etc. etc. You outsource not just the cost of secure shredders, but also all the collateral operational problems.
- 3 more replies
New conversation -
-
-
Also a fun game— “does this business exist because it’s making money, or does this business exist because it hasn’t failed yet?” Particularly fun when you walk by an empty store for months on end. The answer can be surprising!
-
My 12 year old nephew is convinced that all these stores/old theaters/laundromats that *never* have any customers in them are all fronts for money laundering. I have no idea where he discovered money laundering, but it’s hard to disagree with him. Zero economic alternatives.
- 1 more reply
New conversation -
-
-
We have both secured document shredding and storage. A physical “data warehouse” where boxes are kept for 3/7/11/forever years and then disposed of per law.
Thanks. Twitter will use this to make your timeline better. UndoUndo
-
-
-
Re doc destruction, what do you see this business model doing a few years out as more and more docs are digital?
Thanks. Twitter will use this to make your timeline better. UndoUndo
-
-
-
Classic example of this kind of business: striping parking lots - somebody has to put in those nice bright stripes every six months to two years
-
Another one - mobile washing systems for the big over-the-road trailers. Drive around a shipping company's lot spraying the trailers.
End of conversation
New conversation -
-
-
There is a lot in the world built around trust. If we had no trust in anything it would be a much harder life. Likewise, we have parts build around "faux no trust" like airport security that have the appearance of security, but are mostly an inconvenience.
Thanks. Twitter will use this to make your timeline better. UndoUndo
-
Loading seems to be taking a while.
Twitter may be over capacity or experiencing a momentary hiccup. Try again or visit Twitter Status for more information.