I spent a lifetime in retailing and I’m still at it in retirement; albeit virtually.You know how it goes.
You put up a web page and throw in some stock.
Your page begets another and another and another until one day you’re looking at a site that’s got more stock than Bloomingdales.
But you can’t stop…
The old sourcing skills are making a comeback, sharpening their talons, and coaxing you to duck and dive, bob and weave to find still more stock at even better prices.
So you build another virtual retail store and then another and another and another until you’re looking at an empire.
Then you diversify.
If you are upmarket, you go downmarket.
Why not?
There no shareholders breathing down your neck or smart ass vice presidents demanding that you pull in
reins.
And so you build a bargain basement store and another and another until you’re looking at Wal-Mart.
Expending your energy in this way is fun; it’s therapeutic, and if you go about matters in right way, it doesn’t cost a thin dime apart from hosting fees – and it can be hugely profitable.
