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Business that can realistically and consistently scale to 1.5 million a year: what should I avoid?
BZ
subscriber Posts: 1 Member
Just starting off, I don't have a million yett (on the bright side I haven't cracked 30)! I'd figure the capital requirements for the following would be so intense you'd either have to know someone you could borrow a million like nothing or have millions yourself:
1. Gold/Precious Metals Brokerage
2. Paper Wholesaler
3. Options Brokerage
4. Custom Costume Franchise
What else should I avoid?
What should I not avoid?
I've toyed with the idea of going back to school and getting a Ph.D in history or Master's in Finance, but when I broke it down realized it probably wouldn't be worth unless I knew someone that worked at good hedge fund/head of big 4 or would be content with the possibility of a lower middle class salary of a professor, irrespective of intelligence and indelible work ethic; there's just too much competition to make the cost esp. of time worth it.
Let me know what you think in the comments below.
1. Gold/Precious Metals Brokerage
2. Paper Wholesaler
3. Options Brokerage
4. Custom Costume Franchise
What else should I avoid?
What should I not avoid?
I've toyed with the idea of going back to school and getting a Ph.D in history or Master's in Finance, but when I broke it down realized it probably wouldn't be worth unless I knew someone that worked at good hedge fund/head of big 4 or would be content with the possibility of a lower middle class salary of a professor, irrespective of intelligence and indelible work ethic; there's just too much competition to make the cost esp. of time worth it.
Let me know what you think in the comments below.
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