S7 E2 | A Successful Business Is Created Before There Is a Business.

EPISODE OVERVIEW  Research shows that 90% of new businesses fail. But yours doesn't have to. In today's show, we break down how proper planning prevents poor performance. Working on your business before it becomes a “real” business can save you a lot of heartache and pain. Let’s Go!  “WHAT IS YOUR PERSONAL REASON FOR STARTING A BUSINESS?  Ask yourself the following questions:  Why do I want to own my own business?  How badly do I want to own my own business? At what level of play do I want to play the game?  At what level of play am I willing to extend myself to play the game?  Am I willing to spend the time to learn about other successful entrepreneurs and their businesses?  Am I afraid to fail? Can I turn my fear of failing into a strength that will help me drive the business?  Can I learn from my mistakes?  Can I build a team, or do I like to work by myself?  Am I willing to pay the price?  Am I willing to put in the time now to be rewarded later?  Am I willing to delay financial rewards until the business succeeds, or do I need a paycheck?”  -Before You Quit Your Job: 10 Real-Life Lessons Every Entrepreneur Should Know About Building a Multimillion-Dollar Business.” Lesson #1: A Successful Business Is Created Before There Is a Business. 🔐 Join our Patreon community to get early access, exclusive content, merch, and become a part of our private community!  👉 https://www.patreon.com/LiteracyKings  CashApp: https://cash.app/$literacykings  Our Bitcoin Address: 3Km6ecG4bfrEtBN3PSARrdx3c9dAx6i4Pd  🎙 Listen to FREE Audiobooks http://www.audibletrial.com/LiteracyKings  📚 Books we're Reading and Recommend: https://www.amazon.com/shop/coreypaulmusic  💦 New Literacy Kings Merch https://literacykings.bigcartel.com  💸 INVESTING 💸  📊 Learn & Invest with Robinhood App: https://rebrand.ly/RobinhoodApp  💰 Save and Invest with Stash App: https://rebrand.ly/StashApp  💵 Bitcoin, Crypto, & Stocks on CashApp: https://rebrand.ly/GetCashApp  🏧 Greenwood Bank (Black Owned): https://rebrand.ly/bankgreenwood  HIT US UP! Literacy Kings. - https://www.instagram.com/literacykings  Music Production: Rafael "Box” Hernandez https://www.beatstars.com/boxoflegacy  DISCLAIMER: Description may contain affiliate links, which means that if you click on one of the product links, we’ll receive a small commission. This helps support the podcast and allows us to continue making content like this. Also, none of the information mentioned is financial advice, we are only sharing our research, experience, and beliefs. Love!  © Literacy Kings LLC