🏆 Unlocking the Potential of Niche Businesses: Part Two
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🏆 Unlocking the Potential of Niche Businesses: Part Two
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This is Local Legends — a deep dive into the craft of building enduring small businesses.
Here, I share insights on constructing a business that's not just built for the short term, but soulfully crafted to withstand the test of time.
Unlocking the Potential of Niche Businesses: Part Two
In this episode, I break down what separates exceptional niche businesses from the rest. I dive into the four essentials for thriving in a niche—lower competition, lower capital requirements, strong moats, and pricing power—and reveal strategies to unlock outsized profits in specialized markets.
Drawing from Decada Group's playbook and lessons learned from real acquisitions, this episode will help you identify high-potential niche businesses and scale them with intention.
Thanks for listening. Stay tuned for more.
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