What to Consider Before Starting a Business?



Elon Musk wants to play a game with you:

He gives you a revolver with six chambers, loads one bullet in it, spins the cylinder, points it at yourself, and pulls the trigger. If you survive, you get $1 million. But if you fail, you lose your life directly.

Would you play this game?

Doing business operates by the same principle:

The first thing you think about is not the profits, but what is the worst-case scenario, and whether you can bear it.
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