You should start a business in something you have a competitive advantage in. Is your dad a car lot owner? Do you have a friend who's willing to lend you something of value that could be used in a business? Are you really, really good at designing things?
You should start a bank if you have some sort of competitive advantage that will help you overcome obstacles easier than another person when trying to start a bank. Say, if you were close with someone way high up in the banking industry who could be useful in getting started, or had 100 million dollars.
When people become successful, losers will point at them and say "yeah, well of course he was successful, he had access to x, y and z. Other people don't have those things. He was lucky"
Everyone has some competitive advantage. Whether it's a friend they know, a skill or talent they have, or access to something that other people don't have, many people have something they can leverage along with their hard work and perseverance to create a successful business.
Take a look at who you know, what you know, what you're good at, and what access you have and a business opportunity will likely reveal itself. Don't try to fix your weaknesses, focus on your strengths and leverage them. This is what people mean when they say to find your purpose. It will be effortless.
With that said, try to start a bank anyways, just don't use it as an excuse to wait around saying you don't have what you need to do it yet.
Instead of starting a "bank", get into the fin-tech industry. Start something within the financial tech industry and eventually add banking into the mix when your fin-tech company has the assets, reputation and experience to become a bank in the traditional and official sense of the word.
Many people would say to not be ridiculous and wouldn't take you seriously. But I think about some of my personal goals and they are much more ridiculous and I am quite serious about each of them. I take everyone seriously, knowing that 99% of everyone's talk is complete bullshit. But some people dream big and actually follow through with it. I give everyone the benefit of the doubt. I hope you really do start a bank.
You should start a bank if you have some sort of competitive advantage that will help you overcome obstacles easier than another person when trying to start a bank. Say, if you were close with someone way high up in the banking industry who could be useful in getting started, or had 100 million dollars.
When people become successful, losers will point at them and say "yeah, well of course he was successful, he had access to x, y and z. Other people don't have those things. He was lucky"
Everyone has some competitive advantage. Whether it's a friend they know, a skill or talent they have, or access to something that other people don't have, many people have something they can leverage along with their hard work and perseverance to create a successful business.
Take a look at who you know, what you know, what you're good at, and what access you have and a business opportunity will likely reveal itself. Don't try to fix your weaknesses, focus on your strengths and leverage them. This is what people mean when they say to find your purpose. It will be effortless.
With that said, try to start a bank anyways, just don't use it as an excuse to wait around saying you don't have what you need to do it yet.
Instead of starting a "bank", get into the fin-tech industry. Start something within the financial tech industry and eventually add banking into the mix when your fin-tech company has the assets, reputation and experience to become a bank in the traditional and official sense of the word.
Many people would say to not be ridiculous and wouldn't take you seriously. But I think about some of my personal goals and they are much more ridiculous and I am quite serious about each of them. I take everyone seriously, knowing that 99% of everyone's talk is complete bullshit. But some people dream big and actually follow through with it. I give everyone the benefit of the doubt. I hope you really do start a bank.