Roy Moss’ Post

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President @ Empire Business Solutions | Certified Business Broker-Retired

Are you an entrepreneur struggling to decide whether to buy an existing business or start one from scratch? Buying a business provides instant market access, tangible assets, risk mitigation through historical data, and an established reputation. But it also requires a significant initial investment, cultural integration challenges, potential liabilities, and resistance to innovation. Starting a business from scratch allows for pure creativity, personal branding, lean operations, and passion-driven momentum. However, it also involves navigating an unknown market, resource constraints, slow customer acquisition, and the need for resilience against early failures. Ultimately, the decision depends on personal preferences, market realities, and financial considerations. Consulting with industry experts can help entrepreneurs make a thoughtful and well-informed decision. #Entrepreneurship #BusinessOwnership #Forbes

Both options have their pros and cons - consulting with industry experts is key to making a well-informed decision! 💡

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Both options have their pros and cons, but consulting with industry experts will definitely help you make the best choice!

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Roy Selbach

Digital Entrepreneur | Bootstrapping & Growth Hacking

9mo

Both options have their pros and cons, you've outlined them well. It's all about finding what aligns best with your goals and values!

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Michael Eisermann

🚀 International Advisor for Chinese Advertising Innovation - Visiting Professor for Integrated Digital Communication - More than 140 creative awards 🌟🎙️

9mo

Balancing between creativity from scratch and stability from existing - tough decision-making ahead. 🤔

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Nicolai von Schneider

Internationally-Recognized Strategist + Brand Marketer | Helping The Top Percent Of Brands Grow With Competitive Strategy & Design

9mo

Deciding between buying or starting a business is like choosing between adventure and security.

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Chey Kalu-Prophet

Digital Marketing | Lead Gen Architect 🤖👷🏽♀️💻 I help service-based businesses generate more sales by creating high-converting marketing systems with the Client Connection Method© | Book Your Free Clarity Call💡

9mo

Both options have their pros and cons, it really depends on your preferences and risk tolerance. Good luck with your decision! 🚀

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Greg Head

Board Director & Trusted Advisor, CEO, Business Owner, Chair, CFO, AI Consultant, Cybersecurity, Board Strategic Planning Facilitation | M&A 100+ Deals, $400M+ Capital Raised, Veteran

9mo

It's a tough decision, but seeking expert advice can steer you in the right direction! 💼🚀

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Vivek Prakash Mishra

Snowflake |Top Customer Success Professional | Data Architect & Evangelist | Apple & Snowflake Veteran | Performance Tuning Expert | Engineering Leadership | Business Strategist & Entrepreneur| Community Leader -Speaker

9mo

Considering all aspects carefully is key to making the best decision for your entrepreneurial journey! 🚀

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Navigating those choices is a crucial step in your entrepreneurial journey. Good luck with your decision! 🌟

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Abey Pulicken ⭐

Local Marketing Strategist for Houston & Neighboring Cities | Building Community-Driven Growth & Boosting Brand Visibility | Create Impactful Local Engagement

9mo

Making that decision is a crucial step in your entrepreneurial journey! 🚀

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