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Old 10-16-2012, 06:13 PM
 
115 posts, read 286,928 times
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Hello,

If you wanted to build a fortune from scratch, what are the advantages and disadvantages of choosing as an industry:

1. Becoming an entrepreneur in a commodity type business like farming, aquaculture, ranching, scrap metal trading, small scale oil drilling, etc?

2. Trying to invent and sell a new product or website?

In other words, what are the advantages and disadvantages of trying to build wealth as a commodity type entrepreneur such as a small scale oilman or rancher versus trying to build wealth by branding and creating a new product?

I would tremendously appreciate any thoughts.

Thanks
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