I've been deliberating with this idea for a few months now but I haven't seen anyone mention it on the forums yet. Obviously there are many brick and mortar companies that are complimentary to their web site, but in terms of the start-up phase - do you think there's a difference between entrepreneurs who make their money from brick and mortar businesses and those who profit from the internet?
In my opinion, I've found it easier to brainstorm ideas for brick and mortar businesses than e-businesses. This may be caused by my lack of knowledge for html and web design in general. I've drawn up a short business plan for a hospitality-industry business that I know I will implement in the future, but I can't seem to transfer these brain juices to internet ideas.
The difficulties of being attracted to B&M businesses rather than e-businesses is start-up costs. The fees to launch even a complex website often won't compare to a small tangible business.
With about $4k totaled in savings, my options include either forcing myself down the e-biz route, or attain some form of creative financing to boot-strap a B&M business. I also think B&M businesses are slightly less risky in terms of risking someone's complete assets. I say this because one could pay $4k on a website and it could be a complete failure. On the other hand, if someone were to buy a building for their business they could sell it and salvage part of their initial investment.
What do you guys think?
In my opinion, I've found it easier to brainstorm ideas for brick and mortar businesses than e-businesses. This may be caused by my lack of knowledge for html and web design in general. I've drawn up a short business plan for a hospitality-industry business that I know I will implement in the future, but I can't seem to transfer these brain juices to internet ideas.
The difficulties of being attracted to B&M businesses rather than e-businesses is start-up costs. The fees to launch even a complex website often won't compare to a small tangible business.
With about $4k totaled in savings, my options include either forcing myself down the e-biz route, or attain some form of creative financing to boot-strap a B&M business. I also think B&M businesses are slightly less risky in terms of risking someone's complete assets. I say this because one could pay $4k on a website and it could be a complete failure. On the other hand, if someone were to buy a building for their business they could sell it and salvage part of their initial investment.
What do you guys think?
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