Is the real estate market going to stumble? If so, would land development not be a good idea for prospective entrepreneurs?
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.
May 5th, 2010 at 3:42 pm
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.
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