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![]() I'm currently researching an info product related to an area of the recycling business.
The specific area doesnt matter, but the technical barriers to entry relate to a wide variety of possible small startups. A lot of people had tried this business, without the proper tools, and failed. The "right" tools will set you back around $30,000, a significant barrier to entry. However, I also found a whole bunch of cottage industries producing "poor mans versions" of the "right" tools. For example on one site you can buy a "kitset" for $40 odd bucks that you add your own pump, duplicating a $3-5,000 machine. From an entreprenuerial point of view, its the old equation of trading time for money that lets the small biz get a foothold in big markets. Just me |
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