I will definitely try as much as possible to avoid illegal businesses.
What kind of business will you avoid to do?
- Thread starter cherry123
- Start date
Illegal businesses should be avoided. Many of them are very lucrative but it should be avoided.
I would not be interested in running a lending business. First, this kind of business needs a considerable amount of capital. Second, dealing with borrowers who don't pay back on time is a complex issue. I know that some lending companies need to employ all sorts of tricks to dig out those borrowers.
Glass business is one of the business that I'm not going to be interested in getting into because of the challenges and dangers of higher loss or risk of doing the business. One the glass breaks, you have lost everything.
Of course, anything illegal or deceiving people. I'd avoid them. Nobody will ever succeed in these types of businesses. Maybe in the first few months or years, but they won't last long.
As long as you have the knowledge to get into such business, I believe that it is something that you can do or as well if you have capital to hire those that have the knowledge to do business for you, it is also the same thing.
I will avoid to do business to which I don't like, we all almost like something and don't like something it's differ from individual to individual. I don't like chicken business as I feel allergy from it's smell so I will avoid from it.
