BUS10 Ch5 Entrepreneurship: Starting and Managing your own business

[@kellenshipley5954]

Appreciating the California Love there at end, great lecture series, thanks!

[@tbrusselle]

Thanks for the feedback, @kellenshipley5954, I am glad that you enjoyed it! No matter where I travel, I am always thrilled to call California home! :)

[@MaricelaMartinez-wz1dm]

If you are planning to open the business, what's the easy way to start a business? starting from scratch or transferable?

[@tbrusselle]

Great question! Both have pros and cons. Transferable means you may also transfer problems and in some cases, problems not disclosed in the transfer. On the other hand, you could be buying a solid business model where all of the issues were worked out by the founder. Starting your own business means it is YOURS -- your brand, your idea, etc. but the risk is also high. In the end the key is to take the time, have due diligence, and either way, do your homework, and remember that the underlying tenet of entrepreneurship is risk!