AprameyaAIย โขย 1y
Is Olympic Profitable ? ๐ธ Contrary to popular belief, hosting the Olympics often isn't the economic triumph! Let's break it down: 1. Massive Upfront Costs ๐ฐ โ Infrastructure, venues, security โ Often billions over budget 2. White Elephant Syndrome ๐ โ Underutilized venues post-Games โ Ongoing maintenance costs 3. Displacement of Local Businesses ๐ฌ โ Short-term boom, long-term bust for many 4. Overstated Tourism Benefits ๐งณ โ Regular tourists often avoid Olympic cities โ Surge doesn't compensate for costs 5. Opportunity Cost โ๏ธ โ Resources diverted from other public needs Real-world examples: โข Montreal 1976: Took 30 years to pay off debt โข Athens 2004: Contributed to Greek financial crisis โข Rio 2016: Venues abandoned, $2 billion in unpaid debts "The Olympic Games are highly profitable - for the IOC." - Sports economist Andrew Zimbalist Is it time to rethink the Olympic hosting model? ๐ค Happy Medial! - Follow for more
"You never know"ย โขย 1y
Ten days until the Olympics in Paris !! So... Here is a list of the historical Olympic venues till date. โ 1896 โ Athens, Greece โ 1900 โ Paris, France โ 1904 โ St. Louis, USA โ 1908 โ London, UK โ 1912 โ Stockholm, Sweden โ 1920 โ Antwerp, Belgium
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Profit vs. Cash Flow ๐ธ: The Silent Startup Killer! ๐ Heads up, founders! You can be 'profitable' on paper but still go bankrupt. Why? Profit: Revenue - Expenses (often accrual-based). Cash Flow: Actual cash IN โก๏ธ - Actual cash OUT โฌ ๏ธ. Problem:
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In India, the rapid rise of restaurants, street food stalls (thelas), and tea shops (chai tapris) is driven by several key factors: 1. Easy Licensing & Low Entry Barriers โ Compared to other businesses, setting up a small food venture often requires
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โLoss Leader Pricing: Winning Customers by Losing Money (Strategically)โ โLoss Leader Pricing.โ This strategy involves selling a product or service at a price that is intentionally below cost to attract customers. The goal isnโt to profit from the i
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Go on and create a โNo-Businessโ! The relentless pursuit of hyper-growth often blinds founders to a more liberating path: building what VCs dismissively call a "No-Business." But what if that "No-Business" is precisely where true freedom and sustain
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I saw a video 1-2 years back where the speaker said that all those 'middleman' businesses like Zomato, Ola, and MMT would never really succeed! The problem, he said, is that you have to deal with 3-4 entities: first, the customer; second, the client
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DBA Lessons for Founders - Market-Based Instruments (MBIs) Lesson 3: How to Win the MBI Game ๐ This isn't a threat; it's a strategic opportunity. While legacy companies see new costs, you can see new markets. Here are two ways to win: Play #1: Ma
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Set2Scoreย โขย 5m
๐๐ผ๐ ๐ฎ๐ฟ๐ฒ ๐ด๐ฎ๐บ๐ถ๐ป๐ด ๐ฐ๐ผ๐บ๐ฝ๐ฎ๐ป๐ถ๐ฒ๐ ๐น๐ถ๐ธ๐ฒ ๐๐ฟ๐ฒ๐ฎ๐บ๐ญ๐ญ ๐ฒ๐ฎ๐ฟ๐ป๐ถ๐ป๐ด ๐ฐ๐ฟ๐ผ๐ฟ๐ฒ๐ ๐๐ต๐ถ๐น๐ฒ ๐๐ต๐ฒ ๐บ๐ถ๐ฑ๐ฑ๐น๐ฒ ๐ฐ๐น๐ฎ๐๐ ๐ถ๐ ๐น๐ผ๐๐ถ๐ป๐ด ๐น๐ฎ๐ธ๐ต๐? Is it really a business/startup? I would name it in simple terms. it's a scam
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If you're planning to build an app in 2025, it's important to understand that itโs not just about writing code. Creating an app means building a complete product. And yes, it costs money โ sometimes a lot more than people expect. Hereโs a breakdow
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