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The monthly magazine providing news analysis and professional research for the discerning private investor/landlord

Investment or Lifestyle?

Veteran international investor John Corey comments

Are you an investor who is focused on running a successful business or are you focused on a lifestyle where your business decisions are wrapped around your personal bias? Seriously, the question is not as subtle as it might seem.

I was reading something from the Harvard Business Review (HBR) - which is not something I read often. It has to be something that catches my attention. In this case one of the co-authors is a very famous professor who is credited with some of the biggest ideas in business strategy over the last 30 years. The article was on how technology is changing the business landscape. I have a technology background and am also running a start-up that will combine technology with real estate investing.

The premise of the article is: "…smart, connected products reflect a whole new set of technological possibilities that have emerged. But the rules of competition and competitive advantage remain the same."

What if the product or service is a room in an HMO or a home for rent? If you are the landlord; what do your customers want and what is your competition doing to steal a march on your offering? What is changing and what is largely remaining the same?

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