they say like fifty percent of businesses fail
and i think what happens for a lot of first-time business owners they're coming out of a job
so they're coming out of an employee meant mindset
and i noticed when guy for example in phoenix arizona
and he decided he was going to start his own business and he had been an employee all his life
so what's the first thing he does he goes and rents a nice office space
then he buys all the nice furniture
then he gets a secretary he hasn't made not one dollar
and he spends all this because he thinks that's what an entrepreneur looks like
vs go make the money first
then go rent your office if you even need an office start out of your home we all start all the entrepreneurs successful entrepreneurs i know all started out of their home
but a lot of people i see they they
quit their job
they start their part-time business and because they're struggling for money
they make bad decisions because they're just trying to find how to
put money in their pocket to keep their business alive