Chain Of Wealth - Debt, Investing, Entrepreneurship, Wealth & More

Entrepreneurs and Money - Things to Consider

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Sinopsis

Entrepreneurs and Money [2:57] The cost benefit of being an entrepreneur You are out there in the hustle as an entrepreneur Your are IT, HR, plumbing, literally everything It’s one thing saying you’re a CEO but when you’re starting out it’s very challenging but you can learn a ton of skills that can set you apart Your problem solving abilities become really good There is also major upside from being an entrepreneur [5:31] Quitting your job versus doing it full time It definitely depends on your situation, how long have you been saving up Quitting your day job is a major risk, you don’t have any income secured People end up doing freelance work just do have food on the table [6:37] How much money you need saved to start a business People need to know how much money they need People say you should triple the amount of money you need to get started You need to consider the cost of living and how you are going to provide for your family There definitely are consequences and you need to be real, there is