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His advice is to start small and build up to bigger returns. This way, entrepreneurs can build up their resources and make sure they have the financial security they need before jumping into bigger deals. By starting small and building up to bigger returns, entrepreneurs can get the experience they need to succeed in the long run.
software, e-books, music) Physical goods from online retailers Pre-orders for upcoming product releases 2. Examples include: Online courses and MOOCs (Massive Open Online Courses) Professional certifications and exams In-person workshops and seminars 5. Examples include: Digital downloads (e.g., How to Ask for Upfront Payment?
rn Overall, Richard Parker's insights provide aspiring entrepreneurs with a comprehensive understanding of the key factors to consider when buying a business, including the importance of knowledge acquisition, due diligence, and building strong relationships with sellers. rn Don't expect the perfect business; it doesn't exist.
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