json_metadata | "{"app":"Musing","appTags":["entrepreneur"],"appCategory":"entrepreneur","appTitle":"What should all young entrepreneurs know for the first time before starting a business?","appBody":"<p>I have had my own business back in 2012, I ran my own computer repair shop not to far away from where I was living.</p>\n<p>I jumped in with both feet at the time and didn't think about anything other than opening the shop and making money.</p>\n<p>One thing I wish that I had done now is save enough money to see myself through the first year of business as after 6 months I went bust and there was no way of stopping it.</p>\n<p>I chose the right area, I chose to be around students who often break laptops and need a repair, but I didn't know there was already an established computer shop already open not to far from me.</p>\n<p>I was taking about £100 a week and this didn't even cover the rent, I had to close as I couldn't cover my bills, I even took a job working evening to pay for it to stay open.</p>\n<p>If I was you I would save up enough money to cover all costs for maybe 2 years as this is normally when businesses first fail. it is hard to say as I don't know what you are wanting to run but this is the only suggestion I can give to you. </p>\n<p> </p>","appDepth":2,"appParentPermlink":"pkjfqu89l5","appParentAuthor":"muzaidi","musingAppId":"aU2p3C3a8N","musingAppVersion":"1.1","musingPostType":"answer"}" |
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