Takafumi Horie is a successful entrepreneur in Japan who I respect. He suggested starting a business that meets four conditions to succeed easily for the first time.
The conditions are below:
– High-interest rate business
– A business that does not use inventory
– A business that has a fixed income regularly
– A business that requires little capital to launch
I agree with this. So, I started an affiliate marketing that meets all of the 4 conditions just after becoming a self-employed proprietor. Then, I got the business on track more quickly than expected.
But many people want to start a business that doesn’t meet these conditions such as a restaurant business that has a high degree of difficulty to make a profit. They want to do what they want to do. I agree with it to some extent. But, when you start a business for the first time, I recommend choosing a business that is easy to succeed.