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Can I get into business directly or do I need to take 1-2 year corporate experience first to make it a success? (Read description for details)

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Kewal

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My background: I'm currently in the final year of my college and will graduate in May 2024. I pursue B-Tech in Information Technology and also specialize in Computer Vision and Generative AI. My family has a business of selling CCTV cameras, security systems and providing its installation and further services to the customers.

Now, here are the things I'm really confused about:
1. Should I work a job in the IT field for 1.5 to 2 years befor getting into business, in order to gain corporate experience first because I currently don't have any work related experience
2. Or can I directly get into the business with my family and help to expand it further
3. Can this business be converted into a money tree? I want views of people on this.
So basically we not exactly retailers but can be considered somewhat like it, we take security devices from wholesallers or direct producers and sell it to customers, install it on their factory/site/shop/house and then provide its periodic service in case of defect or failure. Our main earning happens in the first time selling and installation, as follow up service is rairly required before 2 to 3 years of installation. As of now, our business caters to customers of about 3 states.
Currently we only deal in hardware products but I want to expand our revenue by a. getting into the software aspects of the domain of security systems and thus increase our reach to customers, b. marketing and advertising our business as currently it is just word of mouth, c. setting up offices at newer locations

I would appreciate insightful discussions on this problem and thanks in advance for the help :)
 
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Open the Door.

You hit a wall because the best advice isn't free—it's earned. Since 2007, MJ DeMarco has been active here daily (99.9% active rate), building a war room for entrepreneurs who refuse to settle for mediocrity.

  • Active Daily: Life-changing content posted dozens of times every day. No dead threads.
  • MJ's Inner Circle: Direct access to the author of The Millionaire Fastlane.
  • Vetted Network: Connect with founders scaling to 7 and 8 figures.
  • Proven Roadmaps: Strategy over motivation. Execution over "hustle porn."
"SCALED TO 6-FIGURE MONTHS"
"Tips and advice here saved me from huge mistakes, others allowed me to scale my business to 6-figure months."
— User MitchC
"INSANE QUALITY OF PEOPLE"
"The number of high quality people I've met from this forum has been insane. All of it predicated on building real value."
— User Richard Peck

"You are the average of the five people you surround yourself with."
Are you surrounding yourself with success?

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