How to Answer: If you had $50,000 to build your own business, what would you do?
7. If you had $50,000 to build your own business, what would you do?
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.
Written by Rachelle Enns on April 7th, 2018
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 on April 7th, 2018
Manager 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."
Written by Rachelle Enns on April 7th, 2018
Admin 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."
Written by Rachelle Enns on April 7th, 2018
Retail 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."
Teacher 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!"
Written by Rachelle Enns on April 7th, 2018
Marketing 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."
Written by Rachelle Enns on April 7th, 2018
Sales 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."
Written by Rachelle Enns on April 7th, 2018
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