Buying a business is easier than starting one from scratch. Here is why
– 1 min read
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.
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.
