I remember a little under 20 years ago sitting with a mentor of mine discussing business and ideas to generate cash. Little had I known at this time that I would be a VC 20 years later. I cared even less though about technology. The business idea was to buy a certain plot of land and put up a parking garage. The idea occurred because we had together driven around looking for parking and couldn't find anything. Yet we did see this plot of land with nothing on it, prime real estate near a shopping center and no parking garages open to the public within miles. The country was coming out of it's communist slumber and people were buying cars like mad. Plus stores were going up everywhere in that part of town. Fast forward 20 years and go to that spot. There's a parking garage right where we wanted to build one. Nope, I didn't finance it. F&%K!!!!!!
To read the full, original article click on this link: It Doesn't Have to Always Be Tech
Author: Paul Jozefak
