LongHaul Posted July 30, 2015 Share Posted July 30, 2015 What what the best business in the town you grew up in and why? I went thru this mental exercise and found it helpful. I think the best business where I grew up was a private parking lot for train commuters. Simple business with excellent pricing power because the only competition were the city spots with limited spots and then there was no room for expansion. The parking lot couldn't be expanded because it was surrounded by a highway, railroad and river. Biking, parking ~1 mile away or walking from home were really the only substitutes. Incidentally the owners never went to college and got very rich off this parking lot. Link to comment Share on other sites More sharing options...
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