Location, Location, Location" is a lie. ???? #stevewynn

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Caesars Rewards: Hotels
RockSinCity
Published
Real estate billionaire Steve Wynn drops a masterclass in this clip, completely flipping standard business advice on its head. He argues that the development makes the location, not the other way around.
​To prove it, he points to the legendary Dunes Hotel. Despite sitting on the absolute best corner of the Las Vegas Strip, it went bankrupt twice because the concept failed. In 1994, nobody wanted the 166-acre property, allowing Wynn to snatch it up for a mere $400,000 an acre.
​What did he do next? He demolished it to build the Bellagio—completely transforming Las Vegas forever.
​True visionaries don’t look for success; they build it from the ground up.
​Hashtags
​#businesstips #realestate #stevewynn
Category
Steve Wynn
Tags
stevewynn, business, mindset
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