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Hi Guys ,
I am in a dilemma and need little help .
There two business in front of me I will call them Business A and Business B .
Business A: Pros and Cons
Pros :
1. I am currently doing this business and know about it .
2. I have product ready to sell.(It is a education related course. I have the course ready)
3. Competition is less around 4-5 competitors.
4. I have knowledge about this and a passion too .
5. I have already spent 2 years in this business though not much success .
6. There is a genuine need.
Cons
1. Despite my effort I just have around 100 customers .They are also using my free service .Not many are going for paid options .
2. Number of customer is comparatively less . (in hundreds only).So have to sell product at a higher cost.
3. Reaching my goals with this business looking difficult .
Business B : Pros and Cons
Pros:
1. Huge number of customers.(in lakhs)
2. Competition is very less. I dont think there is any players here as yet.
3. There is a need also.
Cons:
1. I have never done this before.
2. Entering this business is difficult ..will be rewarding in future as entry is difficult.
3. It is not my passion or area where I currently have good knowledge.
4. As there is scant to no competition I dont know if this will be a great business or a flop.
Business B can give me fastlane freedom earlier than Business A I think .
But still in dilemma . Any suggestions ,advice is welcomed .
I am in a dilemma and need little help .
There two business in front of me I will call them Business A and Business B .
Business A: Pros and Cons
Pros :
1. I am currently doing this business and know about it .
2. I have product ready to sell.(It is a education related course. I have the course ready)
3. Competition is less around 4-5 competitors.
4. I have knowledge about this and a passion too .
5. I have already spent 2 years in this business though not much success .
6. There is a genuine need.
Cons
1. Despite my effort I just have around 100 customers .They are also using my free service .Not many are going for paid options .
2. Number of customer is comparatively less . (in hundreds only).So have to sell product at a higher cost.
3. Reaching my goals with this business looking difficult .
Business B : Pros and Cons
Pros:
1. Huge number of customers.(in lakhs)
2. Competition is very less. I dont think there is any players here as yet.
3. There is a need also.
Cons:
1. I have never done this before.
2. Entering this business is difficult ..will be rewarding in future as entry is difficult.
3. It is not my passion or area where I currently have good knowledge.
4. As there is scant to no competition I dont know if this will be a great business or a flop.
Business B can give me fastlane freedom earlier than Business A I think .
But still in dilemma . Any suggestions ,advice is welcomed .
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