Start with Calculated, Low-Risk Ventures
0:45
7:35
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At 0:45 in
Is Success Just Dumb Ass luck?
What happens here
The speaker explains 'calculated risk,' advising against immediately attempting high-risk, high-reward ventures like creating the next Facebook or Tesla. Instead, he advocates for starting with low-risk, low-reward business opportunities such as landscaping, lawn maintenance, mechanics, or bakeries. The goal is to invest minimally and allow the business to pay for itself, reinvesting earnings, to gain essential 'ground level' experience in building a business.
Goal: Acquire fundamental business experience through low-risk ventures.
What they say
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What they say
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