Terry Monroe of American Business Brokers & Advisors: Five Things You Need To Know If You Want To Build, Scale and Prepare Your Business For a Lucrative Exit

An Interview With Jason Hartman

Jason Hartman
Dec 20, 2020 · 14 min read

You need to know yourself. What is your tolerance for risk? If risk makes you sweat and gives you a stomachache, chances are you should work for someone else. Maybe you like some risk, but not enough to start a business from scratch. In this case I suggest people buy a franchise, because a franchise has a proven concept and all you have to do is execute the plan and you should be successful.

I personally love the challenge and the risk involved of starting a new business concept. However, I thought Arby’s would be a good restaurant to build from scratch and I didn’t do my due diligence and the restaurant lost money for 6 years before it became profitable.

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