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Developing is another major discussion.
There are many pitfalls that can nab your revs when you get into development. It becomes just like the real world of building buildings.
I've had a really big insite on this in the past year. We just this month got to the point of being able to put Men on near auto pilot now and have gone from an infrascructure based model to a virtual managment model. So now the overhead will go to minimal and the profit margins will zoom.
In the process of the first year though there were things we tested that were a total waste of invested time. And when you build you pretty much have to do this to find the precise highest margin way to go. So you have to be able to solidly stay on top of continuous assessment of the buildout to make sure you don't go into a direction that won't work even though it appears to be or you think it will eventually. You have to be able to see ahead of yourself basically. A lot like playing chess. And its very hard to do because when you have an infrastructure model with staff you get a different opinion from everyone working for you. The key is to rely on your own gut instincts. Listen to others, but make your management decisions based on your own experience and strategies that have been successful before.
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