You’re an investor in small businesses, and you’ve three business plans on your desk. Select one of the potential business owners listed. Discuss why you think that would be the best bet for the investment.
1. A recent college grad, full of the ideas and energy, but short on expertise.
2. A middle-management corporate refugee desiring the business of her own subsequent to frustration with bureaucratic red tape.
3. A serial entrepreneur who has beforehand started seven businesses (three of which were enormous successes, whereas four failed, losing overall investments).