How to Start a Business without taking Risk

we're going to talk about today is going to change the way you do business every single decision you make will change from this point forward what i'm talking about is having an exit strategy i want you to have an escape plan i want you to know how you can when you get into a situation how you can get out of it i'm in costa rica i'm in the jungles and i bought a house here years ago i paid 250 000 and i was so sure of what i was going to be doing down here that i didn't leave myself an out big mistake long story short i don't want you to make the same mistake that i made when you move forward i want you to be able to move forward with confidence this is going to be the difference between you asking questions between you having doubts between you having hesitations and the ability to go forward and know exactly what you want to do so if you're looking at buying a piece of equipment you're going to buy it at the right price you're going to buy it at a price that if the worst case scenario happened and you had to sell it guess what you can if you hire on an extra person you have some trepidation if you're wondering ah lee should i get that bring that extra person on well you know what you may have to let that person go so you're gonna have an employee handbook that allows you to do that it's called an exit strategy when you know how you can get out of a situation you can move forward with confidence into a situation it's going to change every single component of your business if i had a proper exit strategy when i bought my house in costa rica i would have already sold it but not doing that cost me a quarter of a million dollars and i don't want it to cost you a dime so from this point forward you're going to move forward with confidence you're going to move forward knowing exactly how you're going to get out of a situation that way when you get into those drop into those positions you'll have a plan already in place when you buy a piece of equipment you're going to buy it at the right price when you hire those people you're going to have an exit strategy for them you're going to be safe you as the business owner are going to be protected and you're going to start implementing that in every single component of your work of your business and your personal life so with that move forward with confidence put your exit strategy in place i think i'm gonna go swimming pura vida