Hello ! I am a young 23 year old entrepreneur who is also a lpn! I was looking into buying a business not sure which one or what type but something that is already rolling and was wondering if you guys/ladies had some very valuable tips for me ? As far as anything like what businesses to stay away from or what to look out for ? Thanks in advance !
Considering age, college (LPN), you could not have more than a year or two under your belt as nurse.
This means you have no prior business ownership or management experience.
Unfortunately, you can’t get this from reading a book.
My advice is to keep your day job and take part time job(s) at convenience store, quick service restaurant, or similar.
This will allow you opportunity to get you feet wet and learn what is involved in managing day-to-day operations of a business.
Unlike your current salaried position with institution, there is no safety net after you buy the business and give up day job. You are on your own.