Building To Flip Is Building To Flop

January 19, 2006 by Dane | 0 Comments
In Planning, Strategy

Jason Fried:

If you’re about to build anything, don’t build it to flip or you’re almost guaranteed to flop. Sure, you could win the Yahoo lottery, but the odds aren’t in your favor. If 9 out of every 10 new companies fail, I can’t imagine the minute percentage of successful acquisitions. 1 in 100? 1 in 1000? Worse?

via Ken Dyck.

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