02/06/2025
TMG TIP #226
SUCCESS LEAVES CLUES
Don't try to reinvent the wheel. Study and research everyone before you and design a way to just make it spin better. For example, If you are opening a Sporting Good's store examine other sporting goods stores to determine where they went right and more importantly, where they went wrong. It's easy to go to the SEC website (www.sec.gov) and pull up a publicly traded company's 8k and 10k Reports. Just google - Dicks Sporting Goods 10k report SEC - and BOOM! You now can read every single detail of their entire operations. From the performance of their products to their financials and down to their personal struggles discussed in their recorded shareholders meetings, like who's doing blow in the boy's bathroom... again. You could basically take all their wins and replicate them down to the detail. So take a little time and PAY ATTENTION, It's FREE!
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