Jan 28, 2020 | Sean Answers
What are the advantages and disadvantages of forming a general partnership? A partnership should take you further faster. You should only enter into a partnership for a few reasons: Someone else can provide time you don’t have. Someone can fulfill an important role in...
Jan 28, 2020 | Sean Answers
All your money at age 25 is a lot different than all your money at age 45 where you will probably never recover if it fails. I would never go all in over the age of 35 with a...
Jan 28, 2020 | Sean Answers
You are purchasing a proven system. Conversely, founding your own startup takes on the risk of an unproven business model that may...
Jan 28, 2020 | Sean Answers
The answer depends on the industry. It also depends what you are willing to spend for initial costs to purchase the franchise. Example: spending $10-25k, you’ll likely make $100k at the very top end.Spending $1 million may yield a $250k a year in...
Jan 28, 2020 | Sean Answers
The preferred job is one that offers schedule flexibility, allowing you to take care of some pressing items during your startup phase. Preferably, get paid for results—not by the hour. If you can work off-site then you have hit a home...
Jan 28, 2020 | Sean Answers
ASK. Ask for the specific location you desire. You get not because you ask...