Commodity businesses v.s new product type businesses (sell, versus)
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
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?
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
