Is entrepreneurship worth it?
from Net Net Hosted by Lizzy Marie, Lissa Lumutenga
Lizzy and Lissa break down the hidden costs – financial and otherwise – of entrepreneurship. Being an entrepreneur can allow you to pursue a passion, gain control of your time, and sometimes, offer an accelerated path toward financial freedom. However it comes with a lot of costs. Is entrepreneurship worth pursuing? Lizzy and Lissa share their takes. Main Topics 00:00 A Philosophical Question 01:34 Running the Numbers Segment 03:37 What Exactly Is Entrepreneurship? 08:42 Our Personal Entrepreneurial Journeys 15:35 Ideas That Didn’t Make It 23:25 Bootstrapping and Initial Investments 25:01 Challenges of Entrepreneurship 30:38 Working Less Than 40 Hours A Week 42:33 The Two Main Benefits of Entrepreneurship 44:54 20 Cents Segment References for Statistics https://www.privatebanking.hsbc.com/global-entrepreneurial-wealth-report/the-unorganised-state-of-ultra-high-net-worth-wealth/ https://www.uschamber.com/economy/state-of-american-business-data-center-2024 https://gusto.com/company-news/new-business-formation-report-2024 https://www.shopify.com/blog/percentage-of-businesses-that-fail Co-Hosts Lizzy Marie, CAIA, is a strategist, alternative investments expert, and a founding partner of Pursuit Funds. Follow Lizzy: Instagram | TikTok Lissa Lumutenga, CFP®, AFC®, is a personal finance expert and content creator. Follow Lissa: YouTube | Instagram | TikTok | LinkedIn Credits ► Produced by Lizzy Marie and Lissa Lumutenga ► Artwork by Lizzy Marie ► Music by Lissa Lumutenga, Net Net Podcast “Theme Song” Talk to us Hit us up, let us know what you think: IS IT WORTH IT? 💸 DM us on Instagram: @netnetpodcast Email us at [email protected] Disclaimer This podcast is for educational, informational, and entertainment purposes only, and should not be constituted as financial advice or any other kind of professional advice. Views and opinions are our own, and Net Net Podcast does not serve as a substitute for personalized financial guidance tailored to your specific situation. Remember to always do YOUR own research, consult a professional as needed, and feel empowered to make your own decisions!
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Lizzy and Lissa break down the hidden costs – financial and otherwise – of entrepreneurship. Being an entrepreneur can allow you to pursue a passion, gain control of your time, and sometimes, offer an accelerated path toward financial freedom. However it comes with a lot of costs. Is entrepreneurship worth pursuing? Lizzy and Lissa share their takes.
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