
Q&A: Storage lockers at stadiums, fancy phone cases and overcoming a major scam. Ep. #034
The Koerner Office - Business Ideas and Small Business Deep Dives with Entrepreneurs
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Navigating Challenges as a New Business Owner
The chapter explores the struggles faced by an individual who took over a business only to discover crucial information withheld by the previous owner, leading to financial strains and potential legal implications. Advice is given on either committing to business growth through education and marketing or cutting ties to avoid further complications. Strategies for business expansion, such as customer analysis and market research, are discussed, along with the importance of honesty in fundraising and the benefits of resilience in overcoming challenges.
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