The Most Honest Advice How To Become Rich | WARREN BUFFET
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So you’re thinking about starting your own business, but do you really know what goes into it? That’s what we’re going to help you with today.
We already know you’re smart since you’re watching this video. It means that you know the importance that education plays in your future success.
In addition to brains, you’re probably a fairly skilled person. You’re likely to be experienced, filled with good ideas, energetic, and enthusiastic like other business-minded people.
Whether it’s because you know a business owner yourself, or you’ve heard somebody preaching the virtues of self-employment, or you came up with the idea all on your own – you decided to take this raw talent and transform it into something that can make money. Instead of working for a boss, you want to be your OWN boss.
It’s a worthy goal, but there are some pitfalls we see time and time again.
Owning a business often LOOKS easy when you read the success stories, or when watching shows like Shark Tank or The Profit. But for every success story that gets told, there are tens of thousands of failures.
Running a business costs far more money than you realize – even if you’re bootstrapping it, it requires far more industry experience than working a job, and it takes more time than anybody admits.
The good news is that because so many others have failed, you can look at their mistakes and learn from them. If you can counter these three red flags, you might just have what it takes to start your own business.
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