When venturing into the field of luxury spirits, there are some common factors that can be seen. These include things like a high-quality beverage, state-of-the-art packaging, unique design, and so on. Thus, to enter the industry, one must be willing to dedicate a lot of time and capital to create their business model and find a winning product. According to a vodka and tequila maker, Charles Michael Vaughn, this part of the process is generally going to be extremely challenging.