The primary reason that motivated Andy Wilson to start Boston Duck Tours is that he got bored from working in an investment banking firm for seven long miserable years and was looking for pleasure, personal satisfaction, independence and freedom from the suit-and-tie environment of the corporate America that did not motivate him anymore. The routine life that he was living as an employee in investment banking was slowly sucking life out of him. In the end there are no needs to talk about Money because, as any other entrepreneur, Andy Wilson was seeking some. As a result, he decided to resign from his boring job and go on an adventure. Andy bought 90-day Greyhound Bus pass to tour the country. At a stop in Memphis city he awakened by a Duck Tour being conducted outside his hotel. He did not think about it much until he got to Boston and saw a long line of trolleys filled up with tourists. Immediately the Boston Duck Tours idea came to his mind.
What kind of entrepreneurial venture is Boston Duck Tours? Andy Wilson is a great example of a true entrepreneur who discovered market needs and launched new firms to meet those needs. He is a risk taker who provides a momentum change, innovation, and improvement in economic life by taking a world war amphibious vehicle and turns it over to a tour vehicle that gives the tourist, an energetic, educational and historical tour to showcase Boston city from the land and the river. In my opinion, Boston Duck Tours is falling under the attractive small firms' category because its offers real financial reward for its owner Mr. Andy Wilson, but it has no high phenomenal prospective for growth.
Describe the competitive advantage of Boston duck tour?
There are many things that give Boston duck tour an advantage over other competitors in the tours business. First, Boston duck tour gives its customers an energetic, educational and historical tour to showcase Boston city from both the land and...
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