Thursday, February 16, 2017

John Dimmer

I found John Dimmers journey to becoming an entrepreneur very interesting. His story of building up his own business then selling it off, is many entrepreneurs dream. I dont believe this is an easy path to take, and many are not successful. What I found most amusing is that he got bored once he was finally retired. I just find it funny how life works in those ways, and how you think you want something and then once you have it you find that it's not so great. Other than his journey, John said a lot of helpful things about starting a business, and what you should not do. For instance, you should always have the most ownership in the company, and if you don't, you should be worried. This is due to the fact that if you don't have most ownership in the company, whoever else that does have more ownership than you can kick you out. So you would have this business that you built up, only to have it taken from you because you gave too much of your company away. Also, most of the time people start their own business so that they can be their own boss, if you give away a lot of ownership, then you are no longer your own boss, everyone else who has more ownership now becomes your boss. I feel as though this kind of defeats the purpose of building a business.

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