Question about a startup business?

I am getting into an industry that has low barriers to enter but has low profit margins. My plan is to gain a considerable market share buy making low profits and a strategic marketing plan, all in the end to exit by selling off the company in five years with a big payoff. is this a good strategy with this type of competition? Please only business related answers. Do not answer with links to some lame get rich quick scam.

3 months ago - 2 answers