12/18/2005

The Ideal Business

"The ideal business sells the world...offers a product which enjoys an "inelastic" demand....which cannot be easily substituted or copied...has minimal labor requirements...low overhead...does not require big cash outlays or major investments in equipment...has cash billings...is relatively free of all kinds of government and industry regulations...easily moveable...satisfies your intellectual (and often emotional) needs...leaves you with free time...[and] is one in which your income is not limited by your personal output..."

Read more in this article from Richard Russell.