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

9 Answer Examples

By: Rachelle Enns

How to Answer

If money was no object, what kind of business would you start? 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.

Professional Answer Examples
General
Answer example

"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."

Admin
Answer example

"If I had money to start a business I would create an Etsy shop with professionally designed day planners and other materials to help people remain organized. I am a huge fan of organization and stationary, so those two interests combined would be fun."

Manager
Answer example

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

Marketing
Answer example

"If I were given 50,000 dollars to start a business I would look into starting a content writing agency where I could hire freelancers to work for a variety of clients. It would be a solid business that would still allow me to work as a marketing director full time."

Retail
Answer example

"If I have $50K to start my own business I would start a fashion blog. I would spend the fund on advertising and purchasing clothes to feature. I love fashion."

Sales
Answer example

"That's a great question! If I had 50,000 dollars, I would probably invest the money into an up and coming tech startup. I have always had a huge interest in technology and advancements, so this would be right up my alley."

Teacher
Answer example

"If I were given money to start my own business, I would build and sell curriculum for parents who homeschool. That would be an interest of mine as well as an additional income stream while still working full time as a teacher!"

Chef
Answer example

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

Dental Laboratory Technician
Answer example

"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."

Written by:

Rachelle Enns
Rachelle Enns is an executive head-hunter and job search expert. Utilized by top executives from Fortune 100 & 500 companies like Fitbit, Microsoft, General Electric, Nestle, and more, she helps professionals position themselves in a competitive marketplace. Rachelle founded Renovate My Resume, a company that focuses on helping job seekers get their edge back. Renovate My Resume creates stand-out resumes, cover letters, LinkedIn profiles and professional summaries for new grads, all the way to corporate executives. Rachelle spends much of her time training career coaches, recruiters, and resume writers. She also holds interview workshops for students and interns, globally. For great tips and tricks, follow Rachelle on Instagram @_rachelle_e or @renovatemyresume.
Ryan Brown
Ryan Brown, is the creator of MockQuestions. He has over ten years experience creating interview questions. His website has helped over 10 million job seekers in their interview preparation.
First written on: 01/09/2017
Last modified on: 08/21/2018

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