When I was in my 20's I had a buddy who was a budding entrepreneur, and he had such an infectious enthusiasm for starting his own business that I'd often be persuaded to join him in his entrepreneurial exploits. For some reason we didn't know at the time we nevar actually became the millionaires we believed we could be, and looking back now I can see why.
All of our business ideas centred around dealing in used cars, as we both worked in the automotive repair industry and knew the market, so that wasn't why we failed. But when I look back at what we didn't do I now know why we did. So here I'll retell the story of our failed business, and maybe you will see where we went wrong.
It would always start with a phone call from my friend to tell me of a car the chi View the rest of this article
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