Location, Location… Oh, and Taste, too…

There are only three things that matter in the restaurant business – location, location, location.  How many times have you heard that one?  I think the first two “location”s make some sense… but it doesn’t emphasize the fact that if you build an electronics store in the middle of New York City, you can’t get away with selling only VCR’s (who still uses those?).  Similarly, you can’t design a product without being thorough.
One of my roommates attended a presentation with an entrepreneur who developed a device that would send text messages, play music, and other stuff through a special service …read more