listen to me don't start a business
until you watch this you see people on
social media on Instagram on Facebook
you see the lifestyle of a successful
entrepreneur you see the car that they
drive it
driving the Ferraris all they're driving
a Bentley or you see the vacation spots
you see their home you see their house
and you see the life that they have and
you say to yourself I want that too so
what I'm gonna do I'm gonna start a
business just like them well are you
ready do you know if you're ready to be
an entrepreneur
here are five warning signs that you may
not be ready to be in business for
yourself just yet number one and that is
don't start a business if you have no
money
that's correct you heard me right don't
start a business if you have no money if
you need money coming in like you need
blood in your vein don't start a
business why because it takes time for
business to mature to generate profit if
you think you're gonna start a business
and you're gonna make money in the next
two weeks four weeks a month
that's an employment allottee isn't them
it's an employee you get check two weeks
you get check by the end of the month as
an entrepreneur that doesn't happen you
might take you six months it might take
you a year it might take you two years
most business owners don't make a profit
until many many many years in in the
mean time what are you gonna do you
still gotta eat right you still have to
pay the bills if you have absolutely no
money right now what do you do you get a
job don't start a business because a
business takes time and it takes effort
and it does take money to grow I always
say take care of your cash flow needs
first before you're worried about
building an empire take care of your
income first second warning sign is this
don't start a business if you don't
understand the industry I always ask
this question before you start any
business and that is and I'm asking you
right now why'd you and why now
if your answer is all I just want to
make some money you're gonna [ __ ] fail
why you and why now what qualifies you
to be in this space right now not what
just saw on Facebook oh that sounds like
a good idea this person this guy is
making so much money doing this I should
jump into that to know why you and why
now in order to make money in any
industry you have to understand the
industry if you don't know the industry
first you have to learn the industry
let's say you want to go open up a
restaurant now I'm not saying that's a
good idea
but let's say you want to open up a
restaurant well isn't a good idea to
just go work at a restaurant see what's
the day-to-day operation like what I'd
like to to work in a restaurant before
you open up a restaurant so you have to
know your industry one inside number
three don't start a business if you
don't have stamina I mean that mental
toughness to endure pain many years ago
I had this conversation with my mentor
and he asked me the question Dan what do
you think is the number one quality of
an entrepreneur and I said many many
things I said talents and I said team
and I said a good idea I said many many
many things and no he said the number
one quality of a successful entrepreneur
is this and that is the ability to
endure pain for a long period of time
didn't talk about the Ferrari didn't
talk about the big house paying for a
long period of time is that you what are
you willing to give up what price are
you willing to pay to accomplish success
to build your business I could tell you
any successful entrepreneurs that I know
almost all of them experienced pain for
a long period of time before they
accomplished even just a little bit of
success everybody wants to talk about
the glamorous side of entrepreneurship
no one wants to talk about the dark side
are you okay to be able to endure pain
for a long period of time where those
nights you cannot sleep the nights where
you don't know how gonna pay off that
debt are you okay with that having that
responsibility
heavy heavy response
on your shoulder warning sign number
four and that is don't start a business
if you want more free time that's right
if you start a business you think oh now
I could quit my job then nine to five
five days a week now I'm gonna be an
entrepreneur I'm gonna be a business
owner then now I'm gonna have freedom
you are dreaming you might have freedom
after working so many years maybe a
decade then you will have some freedom
the first five ten years you ain't
getting [ __ ] okay you first of all
you're getting paid last you pay
everybody else before you pay yourself
so if you think you're gonna get rich
quick doing this know when you're
running your own business there's no
nine-to-five comment below if you are a
business owner if you're an entrepreneur
if you agree with me comment below let's
wake people up let them know there's no
ninety five there's still nine nine it
is on your mind 24/7 when you take time
off you're not really off you know what
I'm talking about you're thinking about
your business you're thinking about to
get more customers you're thinking about
your team you thinking about your
employees you're thinking about the cash
flow problems you have and you're not
gonna get more time because in the
beginning if you don't have those
business skills
the learning curve is steep it takes a
few years just to get a sense get a
feeling and try to find out what works
in your business to crack the code right
being profitable and from there to grow
there's still a long long way
forget the 95 forget the five days a
week it's seven days 24/7 that's a life
an entrepreneur and if you don't love it
and if that's not in your blood and you
one is so bad you're not gonna do what
it takes you're not gonna make those
sacrifices because it's too damn tough
one inside number five and that is don't
start a business if you don't know how
to close period I don't care what it is
that you do you want to get customers
you got a close you want better terms
for financing you got to close you want
better vendors you got to close you want
partners to help you to promote your
business you got it close if you don't
have the ability to close anyone anytime
if you don't have that
closing mentality and you don't have
that closing skill you're not qualified
to be in the business period I don't
care what it is that you do I don't care
what industry you're in I don't care
what products or services you sell you
need to be able to close so those are
the five top warning signs so after all
that if you say you know what I still
want it I'm willing to pay the price
then click a link below or here and here
and I invite you to join me for a
special training I'm gonna teach you the
number one skill that you need to make a
business successful the number one skill
that you need to be a successful
entrepreneur doesn't matter what state
you're in even you're stuck at this
point how do you break through and go to
the next level you need this number one
skill so click the link below and I'll
see you in class