ilmscore | Prediction Details
"I've talked about this too much money disease before where if you have too much money when you start something you might be very bad with that money and throw your money into inefficient ways and even I have made that mistake myself when I was trying to work on a lot of my different companies I was also working to build a minority mindset blog and during that time I didn't have the time to go now and build a strategy for the blog and manage the blog and monitor the blog so I hired the right people and I hired a consultant to manage the entire process this was very expensive consultant we had a lot of people running the blog. We had a lot of staff writing articles for the blog. And over the course of I don't know how many years, we spent probably half a million dollars now building and creating this blog hoping that it'll be a great revenue producing blog. Well, it wasn't. That money went to waste and it was a complete just failure."
By Minority Mindset | January 20, 2024 | Pending
From video
If You Have $500 In The Bank, DO THESE 5 Things To MAKE MONEY 00:12:38 - 00:13:26
Interpreted Prediction
Having excess money early on can lead to inefficient spending and failed ventures, as exemplified by spending $500,000 on a blog that ultimately failed due to lack of personal attention and strategy.

Prediction Details

Topic
Business Risk

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