Lizzy and Lissa break down the hidden costs – financial and otherwise – of entrepreneurship. Being an entrepreneur can allow you to pursue a passion, gain control of your time, and sometimes, offer an accelerated path toward financial freedom. However it comes with a lot of costs. Is entrepreneurship worth pursuing? Lizzy and Lissa share their takes.
Main Topics
00:00 A Philosophical Question
01:34 Running the Numbers Segment
03:37 What Exactly Is Entrepreneurship?
08:42 Our Personal Entrepreneurial Journeys
15:35 Ideas That Didn’t Make It
23:25 Bootstrapping and Initial Investments
25:01 Challenges of Entrepreneurship
30:38 Working Less Than 40 Hours A Week
42:33 The Two Main Benefits of Entrepreneurship
44:54 20 Cents Segment
References for Statistics
https://www.uschamber.com/economy/state-of-american-business-data-center-2024
https://gusto.com/company-news/new-business-formation-report-2024
https://www.shopify.com/blog/percentage-of-businesses-that-fail
Co-Hosts
Lizzy is a strategist, alternative investments expert, and a founding partner of Pursuit Funds. Follow Lizzy: Instagram | TikTok
Lissa is a personal finance expert and content creator. Follow Lissa: YouTube | Instagram |TikTok
Credits
► Produced by Lizzy Marie and Lissa Lumutenga
► Artwork by Lizzy Marie
► Music by Lissa Lumutenga, Net Net Podcast “Theme Song”
Talk to us
Hit us up, let us know what you think: IS IT WORTH IT? 💸
Disclaimer
This podcast is for educational, informational, and entertainment purposes only, and should not be constituted as financial advice or any other kind of professional advice. Views and opinions are our own, and Net Net Podcast does not serve as a substitute for personalized financial guidance tailored to your specific situation.
Remember to always do YOUR own research, consult a professional as needed, and feel empowered to make your own decisions!
