Which business is best or easiest to start? Why?
I’m wondering which of the two types of businesses has the best outlook for the near future.
Which business is best or easiest to start? Why?
I’m wondering which of the two types of businesses has the best outlook for the near future.
In my opinion, a service business is much easier to start and requires less capital, but a product business has much higher upside given easier scalability.
I feel like product based has a somewhat steep learning curve.
Agreed - one of the reasons why it’s a hard business to start. Also higher barriers to entry.