If a person is new to entrepreneurship, is it good to be exploit or/ and taken advantage of in its the first venture?
First Answer:
You may over simplify your answer…
My answer is yes. It’s better to learn these lessons early with $2k projects than multi-million dollar projects. The ones not suitable to be entrepreneurs will realize this early, and move on to something else. The ones who stick with it will have learned valuable lessons.
Ken’s Answer:
In general, with no past experience in this area of business, expect that things will go a bit different than expected. You don’t need to be pulled over the table and loose your shirt at your first venture, that would be most unlucky.
Prepare as good as you can, get yourself up to speed, gather information, ask for advice and help, know what you want out of the first venture, be confident, flexible and open minded.
If possible, enlist someone who has experience and whom you trust to help with the first venture.
If everything fails, well make sure you don’t loose to much, if any money and count it as your personal training toward the next venture. Read Full Story...