Short excerpt from a YouTube video by David Jenyns titled "Entrepreneurship = Lifelong Education." The speaker frames entrepreneurship as an ongoing education, warns about tax/financing challenges for small-business (S-quadrant) owners, and emphasizes rapid learning, building skills (capital raising, Wall Street fundraising), and surrounding yourself with good people.
If you're going to be an entrepreneur, it's going to be the biggest adventure of your life, as long as you want to keep learning. But if you just want to make a few bucks, you'll be taxed to death. That's the S Quadrant E, S B, I. That's the problem. And it's small business loans and all. They don't give you any money. It's hard to raise capital as an S crowdfunding and all that stuff. But I'd rather go to Wall Street. I'd rather raise my own capital. But those are skill sets. So I say to every entrepreneur, look at it as the biggest education plan you'll ever go through. I don't care if you're a college degree or not, but you better learn really quickly, fast, have good people around you and keep studying.
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