I also disagree.
Sure, you're not going to be turning a profit in the 1st year, or the 2nd, or even the 3rd, 4th or 5th. But you can do very well in Calgary, or as an extension in Alberta.
Obviously some companies are going to be more successful than others, but if you have a plan, and you can provide a service that people want, not too mention do a good job at it, you can succeed.
I would suspect that most startups fail because the people involved don't want to put in the effort required to make something of it.
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