The ‘Automatic Car Wash Lesson for Entrepreneurs
Warren Buffet said something that has stuck with me over the years and that I try to keep in mind when evaluating business opportunities.
And I have to admit, I’m pretty terrible at following his advice in this case.
But the ‘Automatic Car Wash Lesson’ is probably one of the most important lessons for understanding risk vs. reward and how it impacts your ability to create wealth as an entrepreneur. Must check out lessons for entrepreneurs in 2023.
I hope you enjoy it!