Post
Topic
Board Economics
Re: What's your choice between a serial entrepreneur or a corporate entrepreneur?
by
Lida93
on 08/03/2025, 22:19:35 UTC
Both enterprise is going to still make me some profits, right? 
Yes, as that is what entrepreneur mean. They are looking for ways to earn a profit.

So it would depend on my passion for the very business at the time and what whoever is offering to buy from me is offering too.
Thought you're going to say any of them, lol. But your response is also correct. It is still better to choose what we really like because we might get bored if not, easily.

Quote
what whoever is offering to buy from me is offering too
The buy offer is already the offer but there are negotiations too that can occur.

If it's some business niche which I have been able to expand and looking at the competition within the business environment forecasting the future and I see I have large chances of my business surviving then I could hold on to it but whereas I couldn't see myself beating the reach with the increasing competition, I think I selling it for good value would be just fine to me. I could just start off with something else different again.
So, this is like doing the best of both worlds? But, I thought you said earlier that you will only follow your passion. OP's definition of serial entrepreneur is if when the business haven't grown yet but on your case there, I think it is not considered as one anymore. And because it already grown, why can't we just continue it? For sure we can be able to stand the competition as we already have enough experience and others might have only getting started, so we have an edge over them.
Yes I said something about following my passion as guide while establishing any business because that's what could make me persevere with all the challenges that may arise in doing the business. However, in selling it I also said I will sell when I feel that the competition within the market environment  is what I can't contend with in the future I'll have to sell it for any good offer that surfaces. It isn't about how much it has grown or not but the measure of competition is where I am interested in. For instance, the original owners of WhatsApp sold it for a good offer a good offer for reasons best known to them even when the app was really getting attention. So selling off your businesses may depend on different factors order than it's size.