My first small business, a wedding video company run out of my home I was very confident. I knew the field, had very little downside if I failed.
My first big risk was buying a retail store. That was a different story. I risked absolutely it everything in order to buy that store and it was rough the first year or so. But now, 16 years later, I’ve become a serial entrepreneur. I’ve bought and sold and started a few other businesses along the way. Still own 4 of them. About to buy another one and have very little worry. Everything makes sense and the real estate is worth 90% of the purchase price.
Overall, you need to trust in yourself. You need to work harder than you’ve ever worked, make smart choices, hire good people and take care of them.
My first small business, a wedding video company run out of my home I was very confident. I knew the field, had very little downside if I failed.
My first big risk was buying a retail store. That was a different story. I risked absolutely it everything in order to buy that store and it was rough the first year or so. But now, 16 years later, I’ve become a serial entrepreneur. I’ve bought and sold and started a few other businesses along the way. Still own 4 of them. About to buy another one and have very little worry. Everything makes sense and the real estate is worth 90% of the purchase price.
Overall, you need to trust in yourself. You need to work harder than you’ve ever worked, make smart choices, hire good people and take care of them.