Post
Topic
Board Economics
Re: Would you rather start/grow a business from scratch or buy an existing business?
by
gunhell16
on 04/11/2023, 03:40:40 UTC
I don't really have much to say as regards to this post. It is just an avenue to hear your thoughts on which is better to invest both time, energy and resources in, mostly for a season as this, where we are experiencing economic uncertainty and ill-timed government banking policies.

So, given that the resources are available or not and you are presented with the opportunity to start/grow or buy an existing business just like Elon Musk, which option is more preferential and benefitial to you?




First of all, we can't imitate Elon Musk because an ordinary person like me is not capable of starting a big business. You know, in traditional business, big capital and big earnings are often even tentative.

So for an ordinary person like me, I only have a small capital, but I aim for a high income as time goes by. Just be patient and be strong so that the business we will do will succeed. So, what I am saying is the way of a practical person. As long as you know how to handle the capital correctly, we can definitely grow it in the future.