Chapter
The Build vs Buy Debate in Entrepreneurship
17:52 - 21:38 (03:46)
The build vs buy debate is often biased towards building, however sometimes buying a business can be a better option. Purchasing a business can be seen like buying stocks and can be beneficial for entrepreneurs who want to run a successful company.
Clips
The co-founder of The Hustle discusses a creative way to add value to your business by offering mailbox rentals.
17:52 - 18:53 (01:01)
Summary
The co-founder of The Hustle discusses a creative way to add value to your business by offering mailbox rentals. This strategy involves buying an existing mailbox business and upselling to existing customers or setting up a small footprint of real estate with mailbox rentals.
ChapterThe Build vs Buy Debate in Entrepreneurship
Episode#176 with Codie Sanchez - Buying Distressed Assets, Real Estate for Cheap & How to Network Like a Pro
PodcastMy First Million
The allure of building a business from scratch is heavily skewed, but buying a business can be a more effective strategy for some entrepreneurs aiming to become CEOs.
18:53 - 21:38 (02:45)
Summary
The allure of building a business from scratch is heavily skewed, but buying a business can be a more effective strategy for some entrepreneurs aiming to become CEOs. Notable entrepreneur and investor, Jason Calacanis, highlights the appeal of buying businesses and how it can lead to even greater success.