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Old 05-07-2009, 03:04 PM   #135
Phanuthier
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Join Date: Feb 2002
Location: Silicon Valley
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I see a lot of people would want to start their own business - I wonder, why not do it right now? Regardless of capital, unless you have some major networks (I guess being in Calgary, if your startup is a junior O&G, you could have those) you are going to be seeking VC/angels for networks ontop of capital, and honestly a couple million probably isn't going to be enough to get you going. Additionally, startups usually work you considerably harder then your average 8:00-5:00 job.

Also, for those wanting to do a startup - and I'm guessing by startup, they don't mean opening their local 7-11 or burger shack - what would you do?

Also interesting to see a lot of people want to get into real estate, but with (say) $2 million, you are probably going to pick up what, 10 houses? Or by real estate, do you look at other options? Owning a apartment complex, parking garage, storage, mall or hotel?
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