Joined
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431 Posts
i can give you 5 reasons now why it is such a bad investment
fine,,i will start,,even though im kinda drunbk
there is no barrier to entry
What Are Barriers to Entry?
Barriers to entry are the economic term describing the existence of high start-up costs or other obstacles that prevent new competitors from easily entering an industry or area of business
Uber is an app,,,and you provided a fleet of millions of cars,,,, that you must take care of,,, and even offer the pax a water bottle.
all other delivery services own their own vehicles and the maintenance cost is astronomical
you pay that maintenance cost, they pay nothing!
fine,,i will start,,even though im kinda drunbk
there is no barrier to entry
What Are Barriers to Entry?
Barriers to entry are the economic term describing the existence of high start-up costs or other obstacles that prevent new competitors from easily entering an industry or area of business
Uber is an app,,,and you provided a fleet of millions of cars,,,, that you must take care of,,, and even offer the pax a water bottle.
all other delivery services own their own vehicles and the maintenance cost is astronomical
you pay that maintenance cost, they pay nothing!