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Well, that will be a better option than shutting the whole business down. You will just have to employ someone to take your place while you pursue your education. It's just that most people aren't to be trusted these days just like you've saidYes he can,but only if he finds the right and trustworthy person who can take care of his business.we hardly find such kind of people this days.they are only few.
I believe it's all about being flexible and also planning your time. What about does who are into their personal business whereby they can't really place someone to manage it?You can do it , only when you have people to manage the business for you because sometimes depending on what you are going to school to do ,three are some courses in the university that may take 85% of your time and in this case it won't be suitable for you to give 15% of your time to a business.
There is no business that is a personal, Every business as long as it is a business will always demand the presence of a buyer and the seller and cannot be so personal, it is still possible for you to arrange people to manage it for you. if you do not need any other person outside then a family member.I believe it's all about being flexible and also planning your time. What about does who are into their personal business whereby they can't really place someone to manage it?
Personal is a term used here. Let's say for example you own a small business where you sell clothes not as a wholesaler but as a retailer, this can be classified as a small business cause it can be managed by you alone and does not really require the need for an assistant at the moment. now getting someone to manage it for you means you would have to pay that person, and it's a small business, how would you handle that?There is no business that is a personal, Every business as long as it is a business will always demand the presence of a buyer and the seller and cannot be so personal, it is still possible for you to arrange people to manage it for you. if you do not need any other person outside then a family member.
It is possible.I know most of your answers to the question is yes, but here is the whole story. A close pal of mine just started an electronic retail business. He sells all sorts of electrical materials and appliances. The business is moving well since he has little competition in the area But he wants to go to university, and he has not found a trustworthy person that can help him manage his business. The ones he sees are either not capable or wants to steal his money. Do you think it is the right time for him to pursue higher education?
I know most of your answers to the question is yes, but here is the whole story. A close pal of mine just started an electronic retail business. He sells all sorts of electrical materials and appliances. The business is moving well since he has little competition in the area But he wants to go to university, and he has not found a trustworthy person that can help him manage his business. The ones he sees are either not capable or wants to steal his money. Do you think it is the right time for him to pursue higher education?
Abandoning his apparently booming business to pursue higher education is a bad idea. The way you put it, he is already established in the business, so opting out should be out of the question. He can wait till he sees a trustworthy person, it better still, invite a member of his family who he can trust fully to take over. That's his best choice.
That's it. We hardly find trustworthy persons this days. But the best thing to do is to find someone to take care of the job while you pursue your education.Well, that will be a better option than shutting the whole business down. You will just have to employ someone to take your place while you pursue your education. It's just that most people aren't to be trusted these days just like you've said
That's what I was trying to say that it is not the best for you to give it out to people to Manage when you do not have something else to do.. yes I understand you can give it out to people when you Have a better business that can still generate you some extra money..Personal is a term used here. Let's say for example you own a small business where you sell clothes not as a wholesaler but as a retailer, this can be classified as a small business cause it can be managed by you alone and does not really require the need for an assistant at the moment. now getting someone to manage it for you means you would have to pay that person, and it's a small business, how would you handle that?
You have said it all. And also he should set his priorities straight and go for something that is most important to him instead of putting his business in jeopardy while struggling in school. That way, he won't lose bothObviously he cannot pursue higher education now until he finds a suitable manager to handle his business while he goes to college. So he should keep searching until he finds one. But if it's possible to manage the business and attend school then he should try it. Many young entrepreneurs shuffle between their business and some other engagements. Your friend's case is not strange.
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