by an intermediary
from Illinois State University
in Chicago, IL, USA
4mos ago
Start-up vs existing?
My dad always taught me it's better to over pay for a business thats making money vs getting one for free...thats not.
Curious how many investors agree with this statement.
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by a lender
4mos ago
from University of Missouri
in Denver, CO, USA
I agree with that statement. The default is much lower on businesses with existing systems, customer base, etc than start-ups, but if done correctly starting up via bootstrapping can avoid debt and prove the concept before expanding
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by a professional
4mos ago
in Jaipur, Rajasthan, India
It only makes sense ^redacted
Not for the acquisition space as investors are smart but I see this problem with the business owners that we deal with.
They're always so ready to work with someone who is ready to provide marketing services for free or at low cost and they are so excited to make money without spending anything or spending low but in most cases all they do is waste more money in time and a lot of mental stress due to hope of getting something and not getting anything in return.
They are happily feeding the free poison to there business.