Entrepreneurship expert and Texas Christian University professor Ted Legatski said in an e-mail that the current housing market "offers both risks and opportunities."
"I doubt that the current real estate finance situation really has much effect on [the SMU] area." But like almost any business, "being highly leveraged is very risky," says Legatski.
Nina Flournoy, Healy's communication professor at SMU, does not think the housing situation will hold him back. "With his can-do attitude, he could be digging ditches and selling toilet paper rolls and turn it into a wonderful business," Flounoy said.
Tuesday, March 25, 2008
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