The kinds and choice of investment that anyone may propose to venture into, as a newbie or as an oldie, could be adversely affected by the place they live in or their region of residency.
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Of course those are the most important thing that should be considered before venturing or choosing any particular business to go into, however sometimes we called it doing a visibility study to ask around within the environment or residents to know the population of people there and the kind of things they normally go for on the daily basis and from there the person will understand or figure out the kind of business that would actually be suitable on those kind of place.
Because the reasons why so many persons have venture into a business or investment without succeeding is mostly because they failed to really understand the kind of things people normally like within the residents, so actually no matter how demanding for a particular products will be but if being established in a place were people on that residents are not attracted to it will be very difficult for the business to grow.