As I continue to work on building new businesses a formula for reaching success faster has started to emerge.

Many of you are likely familiar with it. But actually executing it takes determination and is harder said than done. Why? If everyone followed through there would be many more successful startups around.

One company that look to be executing extremely well on this formula is Japadog in Vancouver.

Japadog sells hotdogs. But from the get go they’ve taken this commodity type business and differntiated themselves extremely well. How you ask? They sell hotdogs created in Japanese style. The hotdogs are covered with Japanese mayonnaise, seaweed, Japanese pork and many other wild and wildly tasty goodness.

Back to Japadog’s model though. They seem to have started off with just one hotdog stand. They tested the waters and when things went well they opened another, and now another is coming. They started off in good locations and opened up in even better ones.

They expanded only after they took their leap of faith and had their hypothesis proven true.

Now in a few months, Japadog will open an actual restaurant style shop. This is hotdog making at a whole new level.

What’s next for the company? You’d think if this new restaurant approach is successful, they’d open more across the city and be prime picking for becoming the next franchise chain.

Who eats these things you might wondering? While Vancouver has a good sized Japanese population, and a very large Asian population, Japadog attracts all kinds of people. In fact, if you drive or walk by a Japadog stand on any given day around lunch hour, you’ll often see more suits than jeans waiting to grab a dog. Way to go Japadog!