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by randombit 5202 days ago
> Let's face it, being an entrepreneur is not for everyone. > It's a lot of work and responsibility; something the > majority of 20-somethings can't handle.

It's easy to forget that software is probably the least capital intensive industry that's open to a lone entrepreneur. Think about someone wanting to start, say, a basic small bakery operation. My wife did this, and the capital costs necessary to just get started and make that first batch of sales - ingredients, packaging materials, special implements like decorating tips - could easily be enough to deter someone who has little capital to work with. (And we already had a good kitchen with the majority of tools one would need). It's one thing to risk a month of time when you're otherwise idle, it's another to risk next month's rent payment as well.

1 comments

How about dog walking? Lawn care? Those are just unskilled examples. There are all kinds of small business that you could do without significant investment, so long as you are willing to grow the business out of your earnings.
Dog walking and lawn care put you in competition with illegal aliens charging less than minimum wage, and parentally-subsidized teenagers for whom minimum wage is a gold mine.