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Originally Posted by shap
One comment on this topic.
The low cost of entry will continue to hurt our industry for years to come.
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Remember when the Visa fees were a big deal? I thought it was a hopeful sign.
If you want to open a bar, a liquor lic runs you roughly $100k. You don't open a bar unless you are serious. These days, people open full-out paysites at will.
You hit the nail on the head. If then entry fees were higher, you would weed out those that are not serious.