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Passing The Torch

What businesses make the best family legacies?

This story appears in the November 2000 issue of Entrepreneur. Subscribe »

Question: I've been successful in sales for the past 13 years, but would like to have something to call my own; something that allows me to build a legacy for my family. So, I'd like to find a resource to guide me to the "right" business opportunity for me. What would you recommend as a starting point?

Chris Phillips

Centre Hall, Pennsylvania

Answer: Your sales experience gives you a head start in overcoming the main problem most start-up business owners have: getting enough customers. Being able to sell and feeling good about what you're selling can make your days more rewarding. Picking the right business is basically a matter of finding the best way to earn enough to leave a legacy for your family.

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