Do you find yourself banging your head against a wall — figuratively or literally — trying to think of a fresh virgin niche to start a business in?
Successful entrepreneurs are constantly telling us that “everything’s been done” and that starting a successful business is all about taking something old and putting a unique twist of your own into it — to do it better than the last guy.
That’s why this breaking news story shocked a lot of people:
This video talks about the thought process behind launching Sneaker Pawn:
Pawning your sneakers to pay for a funeral? I dare say the thought never occurred to me, but luckily for “Sneakers” Reed, he’s found early success because he was passionate about something and with his father’s help, he took action and made a business out of it.
Success doesn’t have an age limit, and I can see Sneaker Pawn turning into a massive franchise in the very near future.
What do you guys think?
Check out the NYT post about the story: