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by tirrellp 2208 days ago
Depending on your financial situation, you could Buy an old line company and digitize it.

In the US, If you can get 500k from friends and family, you can buy a $5m company with a strong balance sheet and strong cash flow. It will give you a live Petri dish to test your ideas on how to do things better.

3 comments

> get 500k from friends and family

You do realize this does not apply to 99.9% of the population right?

So no business or leadership experience just buy a company, will all go well?
It's so easy a caveman can do it!
Hold on.... only if they buy my eBook is it easy!
How would you go about finding that and financing it?
There are business brokers who play that role, as well as microcap sell-side investment banks. The SBA will loan up to $5m if you can come up with 10% down payment.