Business lessons

Two types of busineses (especially the start-up kind)

1. Capital intensive – make sure you’re passionate about it because you’re going to put in money that are going to see no returns for 5 years. Hopefully, it’ll pay off and you’ll be rich till your 3rd generation. Keyword: passion.

2. Profit/Loss – Things you put money/effort into in the present and hope get some clients in, some revenue in right at the very outset. There are probably another 1000 people doing just what you do so the keyword here seems to be – inspiration.

Agree/disagree? What are you – passionate or inspired; or neither?

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