I do the exact same thing CJ (wondering about the business model of some of these strange businesses), except that I suspect my ability to calculate their run rate is lower than yours.
I was recently in a sleepy tourist town, and noticed a yarn store. No one in it. Lots of yarn. So much yarn. How much yarn do they need to sell to break even on their rent? Is their margin insane? And they'd need to theoretically pay some type of income for the owner, assuming it's owner staffed? Baffles the mind.
Great article. You were listening to me way back in High school. 👍
I learned from the best
I do the exact same thing CJ (wondering about the business model of some of these strange businesses), except that I suspect my ability to calculate their run rate is lower than yours.
I was recently in a sleepy tourist town, and noticed a yarn store. No one in it. Lots of yarn. So much yarn. How much yarn do they need to sell to break even on their rent? Is their margin insane? And they'd need to theoretically pay some type of income for the owner, assuming it's owner staffed? Baffles the mind.
HAHA!
I drove by a place that ONLY sold beads recently. It was a palatial estate. Massive parking lot. How many beads do they need to sell?
Loved this one... WRX starter pack meme lol