If you have a location based business and you dont own the location that business lives, do you really own a location based business?
I’ve said it a million times, most Black business owners in L.A. are renters. Most wanted to own houses instead of where they get their bread.
No, it does not “get better”. And the sooner we realize this and stop with all the fluff and fabrication, the sooner we can start living like things are the best they will ever be TODAY.
We waste soo much time on bullsht that wont even matter.
Negros will spend
$1,500/month on rent
$400/month on a car note
$160/month on insurance
$110/month on cell phone service
$100/month on cable
$50/month on access to musty gym equipment
And be like “damn...I think its my $9.99 apple music subscription thats making me broke”
I doubt many will understand just how important what he’s saying is.
So many people make the mistake of jumping into things like real estate for exampls, because some excited jackass is jumping up and down on youtube telling them how they can make a trillion dollars over night.
Warren Buffett talks about how he rented a house until he built his business up to have $7 million in investments ($74 million in todays dollars) with a large amount of that as profit.
#firstthebusinessesthenthehouses