Small business don't fail from lack of money, they fail from lack of effort. I like this guy and I totally agree on his opinion on loans. Starting business has many uncertainties and if you choose your only certain thing is your loan - bad for you. But I'm still not a billionaire so what I say doesn't matter.
If you start a business its necessary for you to know your industry and your company better than anyone else.
And another one - everyone out there is working 24 hours a day to kick your a***. Cool, do I need to work 24 hours a day to even start? Or need an idea and how to get idea for becoming a rich person.
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