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?
There are two different skillets employed between buying a pre existing business and building one from the ground up. If you're a specialist on one area, that gains experience over the year, you may be able to identify areas that do not work well from past failures. However you need to be more of a generalist with experience in many different sectors if you wish to be effective at taking over existing businesses, mainly because many people will be trying to scam you or overcharge you during the buying stage - you must make sure you are paying the right price, based on accurate info