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Description

In this episode we talk a little bit about our childhood memories of the stores and places we would frequent that are no longer around. The age of the internet has reshaped commerce and has put many company titans out of business. We discuss what these businesses failed to to and what newer business are doing to remain competitive. As always we welcome you to join the conversation on Facebook @SiasFirst or on Twitter @BusinessBrosPod. and remember to get your free coaching call on our website www.SiasFirst.com. Music by www.bensound.com

 

Show Notes:

DEAD

Toys R Us
SEARS/Kmart
Blockbuster
Radio Shack
Fun-4-All/Arcades

BOOMING

FAANG
Uber/Lyft/Bird/etc

Who’s next?

Best Buy
Movie Theaters?

Who is not going anywhere?

Barbers/Beauticians
Real Estate Agents
Tax Professionals
Mechanics
Farmers
Contractors
Coaches & Educators

Why Old Businesses Fail

Adaptation
Over leveraged