The BIGGEST Question You Need To Answer Before You Start Any Business

Few minutes ago, I was in an Entrepreneur Forum and they were discussing about “taking risks.”

After failing so many times, lost and made Millions along the way I guess I have some nuggets of wisdom that I can share to them.

Most importantly, I shared the BIGGEST question you need to answer before you start any business.

So here’s my reply to the forum:

Just a little advice from someone who lost millions in the  past. 🙂

But made more millions eventually.

You need to understand the difference between risk and   
risky.

In life, there’s always a risk.

Tumawid ka lang sa Edsa may risk na un.

Pero tumawid ka ng blind folded…that’s risky.

In short, before you start any business…do your homework.

Most people are lazy on this that’s why most failed in   
business.

I know because I failed 4 or 5 times before I learned these.

If there’s one thing you need to know before you start a   
business is this…

“How are you going to sell it consistenly?”

Once you know that, everything else is much easier to do.