Is the real estate market going to stumble? If so, would land development not be a good idea for prospective entrepreneurs?
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August 29, 2009 at 11:52 am
Well, there has been a housing bubble that is bursting.
Land Development still offers a great potential for payout, however:
Pros: High profits, Build up your name well, influence with local and state groups, help shape the future development of a town/region.
Cons: Need lots of capital, High risk, Lots of local/state/fed regulations, very dependent on economic/market forces.
Some of the best entrepreneurships is in the techie fields. Computer/Electronics repair is still in very high demand.
There are lots others. Check out Entrepreneur magazine. They have lists of that stuff and articles all the time.
August 30, 2009 at 5:48 am
Hi,
It is very difficult to be Entrepreneur in this period do you have any short cut.
For example how to make 10K per month…