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How to Effortlessly Build an 8-Figure Business in 2024 (feat. Ali Abdaal)
BigDeal
Types of Businesses and Their Purposes
There are three main types of businesses: traditional businesses like Coca-Cola and McDonald's with large employee bases, high growth startups focused on rapid scaling and pleasing investors, and feel good businesses which are more about enriching the founder's life, making money, having fun, and helping people. Feel good businesses are often bootstrapped, owned 100% by the founder and serve the purpose of personal enrichment rather than solely focusing on investor returns.
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