The key is to have enough to fail. That’s why you see successful house flippers or whatever who started out with money. They may have started 2 or 3 businesses before they found what worked.
If you start out with only enough money for one business or house, you will be struggling for a long time because you have to make it work to survive. You have no money to expand if it’s a good idea and no money to quit and start over.
The best thing to start with is luck. Second best is enough money, so you can try several times.
The key is to have enough to fail. That’s why you see successful house flippers or whatever who started out with money. They may have started 2 or 3 businesses before they found what worked.
If you start out with only enough money for one business or house, you will be struggling for a long time because you have to make it work to survive. You have no money to expand if it’s a good idea and no money to quit and start over.
The best thing to start with is luck. Second best is enough money, so you can try several times.