If you had $50,000 to build your own business, what would you do?

How to Answer
1st Answer Example
2nd Answer Example
Community Answers

The interviewer will be able to learn something new and unique about you through this question. Avoid answers that would include building a business that competes with the hiring company.

"If I had $50,000 to build my own business, I would open up a community center in my neighborhood that offered inexpensive childcare, cooking classes, and other life skills programs. I am passionate about volunteering and see a strong need in those particular areas."

"I would choose to invest the $50,000 into an existing business in an industry that my spouse has an interest in. I love what I do for a career, but she has always wanted to be an entrepreneur."

Anonymous Answer

"I love the hospitality industry and see myself staying close to it. With $50,000, I would start a consulting firm that provides basic marketing training to new Directors of Sales & Marketing. Too often, these roles are filled with strong salespeople with little to no marketing experience. The firm would focus on techniques, report basics, finding your target audience, and activation/programming."

Rachelle's Feedback

Very well thought out response! Nicely done.

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Anonymous Answer

"I would open an animal rehabilitation center where animals can get aquatic care to strengthen muscles while at the same time giving the opportunity for special needs kids to participate in the care and interaction of rehabilitating an animal with similar needs."

Lauren's Feedback

Great answer. I assisted with sentence structure edits.

"If I had $50,000 to build my own business, I would open an animal rehabilitation center. I want to use the center for dual purposes. I want to provide an opportunity for children with disabilities to interact with the animals and take part in their care. The center would provide multiple layers of healing and community betterment."

Anonymous Answer

"I would love to create a sustainable grocery store to help the ecosystem by using reusable bags and jars to collect your necessities."

Rachelle's Feedback

Sustainability is a super important topic, and you are showing the interviewer what you value outside of your current role. Nicely done.

Anonymous Answer

"Be a cat product owner and sell on an e-commerce platform."

Marcie's Feedback

Interesting! To make your answer more meaningful to the interviewer, provide additional details and connect your business idea to the role you're trying to get. Why would you pick this business to operate? How does it relate to this position? What skills and qualities do you have that would allow you to excel in both situations? Good job!

How to Answer: If you had $50,000 to build your own business, what would you do?

Advice and answer examples written specifically for a Talent Plus job interview.

13. If you had $50,000 to build your own business, what would you do?

How to Answer

The interviewer will be able to learn something new and unique about you through this question. Avoid answers that would include building a business that competes with the hiring company.

Written by Rachelle Enns on September 6th, 2021

1st Answer Example

Written by Rachelle Enns on September 6th, 2021

2nd Answer Example

"I would choose to invest the $50,000 into an existing business in an industry that my spouse has an interest in. I love what I do for a career, but she has always wanted to be an entrepreneur."

Written by Rachelle Enns on September 6th, 2021