S7 E1(Practical Solutions to Difficult Problems) Debunking some of the myths of entrepreneurship - Jeremy Gray
Season 7 Show 1.
Segment 1 – Debunking some of the myths of entrepreneurship.
Myth 1) It will give you freedom.
Myth 2) It gives you the opportunity to generate multi-generation wealth.
Myth 3 – All you need is a great idea.
In Season 6 I spent a lot of time looking at what went wrong with firms that were initially successful but eventually failed. What I found was firms that went under usually had at least three or more of the following characteristics.
Segment 3 Bureaucracy
The type of business structure you choose depends on your business needs. You should consider the following factors to determine the best structure for you:
Time to set up a business
What is your risk appetite?
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