Lyceum commented on the following stories on BizSugar
TJ: I have check out Creative Vado. I think it was a wake-up call regarding the notion that your YouTube video clips could be modified and changed by other users. It had to to with the flash code. It is safe to stream it on a secure site, for example Talk Fusion. Please tell me what you think about this service."
Susan, I have to save this entry for future reading. Have you read my comment on Shawn's interview with Cindy King on BizSugar blog? Have you heard about the concept category creator? Example: First ordinary travel suitcases and then they added wheels to them. It was first catered to the aviation personnel so they could move their luggage in a quick way. Then it got popular with the travelers and how you almost see wheels on every luggage. The company I have started to work with is belonging to "the fruit juice segment which is part of the total beverage market." They also have fine bottled water and a new "category creator" that is really a specialized product within the fine water niche. What kind of tools are you using in order to identify viable market niches, including competitors, customers and trends? I am thinking of testing to get date through "Human Intelligence Tasks" powered by Amazon's Mechanical Turk. I have been talking with Brent Frei of SmartSheet regarding this matter. "
Shawn, I have heard stories that it could take up to three years before an restaurant is reaching break-even? But I have also read about a specialty coffee shop that I turned into a profit in a record time in New York City. On of our business "areas" at Blue Chip CafÃ© & Business Center was the "bar" (coffee house in Italian). It was great margin on selling tea and coffee, but we had to invest plenty of money in equipment and other stuff, e.g. espresso machine, furniture. I think Gothenburg had 300+ coffee places so it was hard to compete, although we focused on a special niche of customers. It could take a long time to reach out to your customers."