Buying a business is easier than starting one from scratch. Here is why
Sometimes its easier to just buy a business. Having started a few of them from scratch I know what it takes. There are a couple of reasons for this. The business has not only been validated (which means you dont have to spend 1 year of your life trying to make it work and investing your own energy in it) but it will save you tons of time and emotional distress.
- Buying a business means that it has already been validated and there are paying customers (most of the time)
- It has a proven business model
- Already has operation processes in place
- Will be faster to scale it
- Already has existing customer and client base
It was ex goldman sachs infleuncer codie sanchez that said you should be buying boring businesses. "I've bought 75+ small boring businesses over the last 10 years"
CNN also published a report saying boring businesses are the future
But it does not have to be boring. Having a business that is already running reduces your risk a lot.
Check out founderbounty for more

