The Best Way To Make Money For Young Entrepreneurs - Invest In Your Education. - Business News Live

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The Best Way To Make Money For Young Entrepreneurs - Invest In Your Education.

I get it, a lot of the people on this sub are new, don't own businesses and are lurking.
Here's the cold hard truth, most of the time to any savy businessman, your questions and comments are absolutely basic level. Now before you downvote me hear me out -

Having browsed this sub for a long time the level of information provided here is honestly quite poor, yes there are sometimes people who come in with successful businesses and drop great threads (thank god they usually get upvoted) - But a lot of the time it's straight up beginners discussing with beginners, the blind leading the blind so to speak.

Sometimes the comments / questions made by users of this sub downright amaze me about how basic they are, and these are people who are about to dive into businesses. I have been a freelance marketer (handle many small business/medium businesses and beginners) for a long time now, as well as own two businesses myself - the questions some clients ask me (especially beginners) are so naive it seems like they haven't researched a single thing on what they are getting into.

Guys, please hear me out, there is a reason that 50% of businesses fail in the first 5 years. I used to sit back and wonder always why this stat was so high, but trust me from seeing the level of entry over the last few years (freelancing) I know the answer. It's a pure lack of basic business knowledge. Now i'm not taking a shit on new entrepreneurs, I'm actually doing the opposite, I'm genuinely trying to help.

Invest guys, invest hard in your own education. Read INFORMATIVE BOOKS (not subreddit posts), go to university (optional obviously and situational) or complete a small business course, watch udemy videos and develop yourself. You can't just jump into business without even understanding the complete basics. Some people don't even know what google ads are, or facebook audiences, or even how to advertise locally, they don't understand financials or anything related to business. Educate yourselves people, go away from this sub and educate yourself as you really won't find the tools you need to be successful purely from this sub (it's an echo-chamber). There is a difference between diving into a new business venture as an educated entrepreneur, VS starting in the business world itself with absolutely no idea wtf you're doing.

TLDR: Move away from this sub if you are a complete beginner and learn the ABC's Of business.

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