Roland Frasier
@exitpathroland
🤑 Find Your Way In/Out of Business 💰 24+ Multi-Million Business Built/Sold 🔗 Tap the Link to Find Your #ExitPath
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So, What is a good investment amount? Well, really this is just a budget that you start planning. You want to think about how much you can afford to pay upfront to get started. The next thing is what ongoing payments are there on a minimum basis that will be required.
You DO have the skills needed to build a business but it might just take a little mentoring.
I've found that I really like people who are litigators because they'll know where the pitfalls and red flags are and where you need to protect yourself in the event that things don't work out well. But they don't typically have the great negotiating experience.
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Structure your business in a way that you keep the golden goose. Sell the eggs, keep the geese.
If you aren't comfortable investing with risk involved, one thing you can do with real estate is hold on to it forever and it will never go out of business.
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