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MJ DeMarco
I followed the science; all I found was money.
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To be fair, I actually had the type of businesses that have brick and mortar locations such as restaurants and the like in mind when asking the question. So if possible and you can entertain an answer, I would greatly appreciate it.
I don't recommend businesses that require a heavy capitalization -- they have high risk, high debt, low margin, and limited to no scale.
So to answer your question, a newbie entrepreneur who wants to start a restaurant is probably a bad idea as you have mentioned, there is too much potential to have a failure wreck your life for years.
This forum is not about starting restaurants or other capital intensive ventures. IMO, restaurants are terrible businesses (And CV-19 pretty much sealed that notion) unless you have a larger global vision with franchising and chains.
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