What strategy will make the most money of these 3?

[Venetian]

What strategy will deliver the best return (in most cases / on average) ?

1) Building a Start-up from scratch (and exit)
2) Buying a distressed business, turn it around and exit
3) Buying an established business, grow/expand it and exit

P.S. - I mean online and offline​

 

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[PatrickP]

not enough info to answer

 

[MJ DeMarco]

1) Building a Start-up from scratch (and exit)
2) Buying a distressed business, turn it around and exit
3) Buying an established business, grow/expand it and exit

Whichever provides the most value. :bgh:

 

[Venetian]

Ok, I understand this, but I want to know, on average, which one tends to perform better?

 

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[Mike39]

Ok, I understand this, but I want to know, on average, which one tends to perform better?

Whichever one the market has a/the greatest need for



Besides that^^^, there is no definite answer for that question.

 

[Venetian]

I'll reformulate the question:

From the 3 strategies presented, which one has performed better historically against the others ?

 

[1PercentStreet]

I'll reformulate the question:

From the 3 strategies presented, which one has performed better historically against the others ?

Depends who's running it.

 

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[Vigilante]

The answers to this question are amusing me, and all have been correct.

 

[healthstatus]

any of the three CAN and has been successful, and wildly so, so pick one and start making money.

 

[biophase]

Online
1) Makes only $43,000
2) Usually makes $240,131
3) Sometimes makes $139,220

Offline
1) Makes only $34,341
2) Usually makes $132,313
3) Sometimes makes $194,387

So the answer is #2 online!

Hope this helps.

 

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[Amail]

I'll take a swing at this.

If you have no business experience at all, probably #1 is your best bet. If it crashes and burns (and stastics suggest it will), then you probably haven't lost a lot. You'll have learned a lot though.

#2 is great if you have experience turning around distressed businesses. If not, there's a reason the business is distressed, and I don't guess you'll figure out the solution if the owner hasn't already. Definite money loser unless you know you can save it.

#3, not so much. This is like a franchise. You'll grow it, but it's already established, so will cost more to acquire.

So, either 1 or 2.

 

[Vigilante]

Online
1) Makes only $43,000
2) Usually makes $240,131
3) Sometimes makes $139,220

Offline
1) Makes only $34,341
2) Usually makes $132,313
3) Sometimes makes $194,387

So the answer is #2 online!

Hope this helps.

Maybe the best response I have ever read.

 

[Milkanic]

Scientific research:

1) Building a Start-up from scratch (and exit) - Example: Instagram. $1,000,000,000 profit
2) Buying a distressed business, turn it around and exit - Example: Rose's Photography in Stillwater, OK. $30,000 Profit
3) Buying an established business, grow/expand it and exit Example: Bill's Photography in Chicago, IL. $300,000 Profit

Winner by $997,000,000 - Instagram.

 

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[leono]

The one you actually get out there and work on.

I could be wrong, but I honestly don't think it really matters. What matters is putting in the time, energy, and effort to make a business successful whether that's starting from scratch or building upon what's already there.

Directly from The Millionaire Fastlane :

The Pawn: Idea (Potential Top Speed)
Awful Idea = 1 mph
Weak Idea = 5 mph
So-so Idea = 35 mph
Good Idea = 65 mph
Great Idea = 100 mph
Brilliant Idea = 200 mph

The King: Execution (Accelerator Pressure)
No Execution = $1
Weak Execution = $1,000
So-so Execution = $10,000
Good Execution = $100,000
Great Exectution = $1,000,000
Brilliant Execution = $10,000,000