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What is success? It is not a gain of material. Yet, it is to grow as a person. Paragon inculcates in it the idea of business being done based on access and how buying a business is a safer option for entrepreneurs. Paragon outlines the steps for structuring and doing a deal called a no-money-out-of-pocket deal.
Suppose you want to step into the business world. Ask yourself a question whether it is safe nowadays to start a business or not. Spend your time researching that question and you'll be revealed to the fact that 65% of new businesses fail in their first decade. Some experts suggest that the chance of failure for first-time founders is around 90%. That is not a safe zone to be in.
Now, is there a solution to that, yes there is. It is to buy a business that has stabilized. According to experts, the chance of success of an acquisition is around 90%. The risk of a startup and the success of an acquisition, are both the converse of each other.
With these facts around our arms, Paragon covers the following topics:
