Chapter
Shopping Habits of Small Business Owners
38:13 - 44:32 (06:19)
The owners of small shopping centers often rely on their stores as a part of their lifestyle and enjoy going to stores and hanging out. This is different from larger stores like Burlington Co. Factory where shoppers may just make purchases and leave.
Clips
An executive at Hobby Lobby revealed that the company is not concerned with following trends, but rather expanding in specific categories that are going against the norm.
38:13 - 39:21 (01:08)
Summary
An executive at Hobby Lobby revealed that the company is not concerned with following trends, but rather expanding in specific categories that are going against the norm.
ChapterShopping Habits of Small Business Owners
EpisodeLessons Learned from Interviewing Tim Ferriss, SaaS Business Ideas for OnlyFans, and More
PodcastMy First Million
The speaker shares an experience in which an owner of shopping centers said that he has standardized and risk-bearing deals with lease negotiators which made deals simple and easy to do.
39:21 - 42:15 (02:54)
Summary
The speaker shares an experience in which an owner of shopping centers said that he has standardized and risk-bearing deals with lease negotiators which made deals simple and easy to do.
ChapterShopping Habits of Small Business Owners
EpisodeLessons Learned from Interviewing Tim Ferriss, SaaS Business Ideas for OnlyFans, and More
PodcastMy First Million
Despite the shrinking retail landscape, certain categories such as DIY and stores catering to the black and Latino community are still thriving due to their need for big spaces and their preference for in-store shopping.
42:15 - 42:58 (00:43)
Summary
Despite the shrinking retail landscape, certain categories such as DIY and stores catering to the black and Latino community are still thriving due to their need for big spaces and their preference for in-store shopping. Burlington Co. Factory is an example of such a store.
ChapterShopping Habits of Small Business Owners
EpisodeLessons Learned from Interviewing Tim Ferriss, SaaS Business Ideas for OnlyFans, and More
PodcastMy First Million
The host discusses the cultural aspects of shopping at discount stores such as TJ Maxx, Ross, Marshalls, and Home Goods, highlighting the lifestyle factor of browsing and hanging out, rather than just practical shopping.
42:58 - 44:32 (01:33)
Summary
The host discusses the cultural aspects of shopping at discount stores such as TJ Maxx, Ross, Marshalls, and Home Goods, highlighting the lifestyle factor of browsing and hanging out, rather than just practical shopping.