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Joined 10 months ago
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Cake day: November 12th, 2023

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  • Foresight12345@alien.topBtoEntrepreneurBuying a business
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    10 months ago

    Please don’t take this the wrong way. I don’t think you should buy a business. Your experience in the corporate world will not translate to the small businesses you could potentially afford. You’ll be stress out banging your head against a brick wall wondering why it’s not working.

    I’d say if you’re passionate just start something yourself without the big financial outlay. If it grows organically then you can look to invest capital later on once it’s proved viability.

    £1m is nice, it’s more than I have tbh but it could quickly get eaten if you don’t know what you’re doing. If you want to run a company as an ego trip to prove something to your old peers then this isn’t the right mindset to have.

    My advice , go on a nice holiday and get another high paying cushy job. Much easier, less stress and you don’t have to risk any capital.