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"Apprenticeship: Smart Business Start" The Podcast For Entrepreneurs w/ Riggs Eckelberry

Sep 6, 2023 3:05:00 PM

Learning through apprenticeship can yield significant benefits. Consider the illustration of initiating an Amazon business. It's crucial not to hastily dive in and commence placing orders from China, as this can lead to predicaments. Numerous instances of such missteps have been recounted. There are essentially two prudent approaches: acquiring knowledge from a mentor or commencing on a modest scale. For instance, initiating with a minor venture like ordering a few Frisbees allows for hands-on learning without substantial risk. This represents the first approach. The second approach, as previously indicated, involves developing a clear funding strategy for the endeavor.

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