Debt Free In 30

524 – Entrepreneur by Necessity: Business Advice with David Barnett

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Sinopsis

Thinking about starting a side hustle or going out on your own? Whether you're a seasoned entrepreneur or a first-timer, this insightful episode with author and business expert David Barnett is packed with valuable advice. David returns to Debt Free in 30 to delve into starting or buying a business out of necessity. Discussing the importance of market research—when it’s needed and not—along with creative strategies for securing funding when resources are scarce. He also provides practical guidance on starting with limited or no capital, and the types of businesses that align with your abilities, financial situation, and more.    Timestamps:  (0:00) Introduction to David Barnett: Business Broker, Consultant, and Entrepreneur  (3:50) Excerpt from David’s Book: Why People Start Businesses Out of Necessity  (5:25) Choosing the Right Business When You Have to Start One  (6:40) Effectuation: Starting a Business Based on What You Can Do  (10:00) Conducting Market Research for Your Business Idea  (12