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Speaker 1: What's up?

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Speaker 2: It is the people shark hair. Damon John with another

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Speaker 2: motivation moment for you. Courtesy of that Moment with Damon John,

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Speaker 2: a production of The Black Effect Podcast Network and iHeartRadio,

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Speaker 2: I'm gonna give you interesting fact care. In twenty twenty two,

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Speaker 2: business Wire study found that eighty five point four percent

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Speaker 2: of small business owners regret not starting their business earlier.

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Speaker 1: What happened?

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Speaker 2: Everybody's saying, isn't it a good time to start a business? Well,

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Speaker 2: eighty five point four percent of the people that started

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Speaker 2: business is set.

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Speaker 1: I would have started earlier.

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Speaker 2: Maybe it was during this time when everybody thought it

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Speaker 2: was hard to start a business. But don't be too

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Speaker 2: literal about starting a business. You know, I tell you

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Speaker 2: all the time that do not quit your day job.

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Speaker 1: And that is true. You don't have to have either

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Speaker 1: or you all know the story.

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Speaker 2: I worked at Reloxer for five years and that didn't

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Speaker 2: stop me from starting my business because I was doing

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Speaker 2: my business at night.

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Speaker 1: Starting your business could be that you're just.

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Speaker 2: Going, I want to allocate two hours, four hours, eight

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Speaker 2: hours a week until you say, after I get to

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Speaker 2: six months of putting in these hours on my homework,

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Speaker 2: then I'm going to open the doors or researching various

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Speaker 2: other ways to work with other people.

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Speaker 1: That's starting a business.

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Speaker 2: Maybe it's setting up your LLC or you're doing business

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Speaker 2: as But here's the most important part. You don't want

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Speaker 2: to regret not starting your business and doing something great,

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Speaker 2: because you would say, man if I only would have,

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Speaker 2: could have, should have. But here's another important part. Maybe

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Speaker 2: you will start the business your homework. Maybe you'll sell

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Speaker 2: one item, two and seven items and realize I don't

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Speaker 2: like this business.

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Speaker 1: I don't want to be part of this business in

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Speaker 1: this way.

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Speaker 2: Maybe it's a great restaurant you go to and you say, man,

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Speaker 2: I love the chicken wings here. But when you start

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Speaker 2: investing in you realize you're gonna have to deal with

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Speaker 2: waiters and waitresses and inventory and everything else.

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Speaker 1: But maybe you just say, I want to be in

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Speaker 1: the food business.

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Speaker 2: But I'll go to the stock market and invest in

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Speaker 2: somebody else that knows how to sell food because I

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Speaker 2: am a foody and the end user and I know.

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Speaker 1: What everybody's talking about.

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Speaker 2: That company's gonna go far, so I'm gonna invest in

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Speaker 2: it from that standpoint. But bottom line is, don't regret

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Speaker 2: not starting a business.

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Speaker 1: Start it slowly.

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Speaker 2: We're in the world where you can do things at

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Speaker 2: night or virtually, things that we can order from your

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Speaker 2: smartphone that we could have never done twenty years ago.

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Speaker 1: Make sure you start now.

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Speaker 2: Tune in every Monday and Tuesday for new episodes of

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Speaker 2: That Moment with Damon John, brought to you by the

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Speaker 2: Black Effect Podcast Network, and check us out wherever you

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Speaker 2: get your podcasts.

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Speaker 1: Peace,