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They are often small margin businesses -- but not necessarily small-margin opportunities. Lots of small business owners make slim profits due to their own lack
by listenallyall 5y ago
They are often small margin businesses -- but not necessarily small-margin opportunities. Lots of small business owners make slim profits due to their own lack of business sense or fundamentals. Go watch any episode of Shark Tank to see how little most people know about their own finances.
- nickff 5y agoShark Tank is not a representative sample of people running small businesses. It’s a series of cherry-picked people, selected for entertainment value, like American Idol.
- listenallyall 5y agoYes, I'm aware. But it is on television, so you can watch it, whereas your local SBA meetings are not. And they get peppered with specific, relevant questions, whereas that rarely happens unless a business owner is talking with a bank or investor. If you think most small business people are great with finances, we can just agree to disagree.