Shap

There are a number of reasons our industry isn't doing great. Here, in my opinion, is one of the bigger ones....

The barrier to entry has always been very low. That coupled with the nature of our business has allowed a number of unqualified people get into the industry. People that shouldn't be in business in the first place. They were able to make good money because it was easy to make money. Now that times are tough they are completely screwed. They never truly understood why they were successful or how to be successful. They are trying to re-create the past with no success and don't know where to turn. The old tricks aren't working and they've blown all the money they had and are now screwed.

Now more than ever it's easy to see who the real entrepreneurs and who got lucky.

What do you think?