Start a company or acquire
March 14, 2022
by a searcher in Dallas, TX, USA
I might have the opportunity to work with an experienced entrepreneur and start a company with immediate product market fit/cashflow from their network (high probability of success).
Is it worth it to pursue starting/growing a company like this for 2 years to gain SMB experience? Or is it better to spend another year in corporate to build up more capital for search/acquisition?
I am 24 with 3 yrs corporate experience.
from Texas A&M University in Elizabethton, TN, USA
Having done several startups, I am refreshed with now operating an existing business. It is so much easier.
See if you can buy something in the same space as your startup would be- this value add is exactly what you'll need for growth.
The thesis of "Buy then Build" is one that I agree with still- buying an existing business has significant benefits over startups.
from Stanford University in Alameda, CA, USA