TRADITIONAL VS SOFTWARE BUSINESSES
I've been deliberating on the nuances between buying/operating a traditional business (e.g., manufacturing, distribution, services, etc.) vs a software business (eComm, SaaS, etc.) and wanted to tap into the group's collective experience.
Software: Easier to scale, subject to global competition
Traditional: Harder to scale, subject to only local competition
Of course there are exceptions but I'd find this the general rule. How have others deliberated which route to take? Feel free to DM me. Thanks!