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Kevin O’Leary: “The BIGGEST Myth About Money That Keeps You POOR!”

The Iced Coffee Hour

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Contrasting Entrepreneurship with Consultancy and the Importance of Risk-Taking

Entrepreneurship requires the ability to take risks and make decisions of consequence, while consultancy involves making decisions with no significant impact since final decisions are made by entrepreneurs. Many individuals lack the courage to become entrepreneurs and end up choosing consultancy for the stability it offers. However, consultants risk getting stuck in a life of mediocrity as they focus on generating opinions rather than taking impactful actions. Successful entrepreneurs are those who dare to take risks, even at the expense of a stable income, in pursuit of greater opportunities and fulfillment.

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