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Thinking about starting a business or turning your side gig into a full-time venture? This episode is your reality check. Ken Carroll breaks down the myths and hard truths of business ownership — from hidden overhead and late nights to accounting headaches, marketing pitfalls, and competing with established players.

If you’re in it for “more free time” or “easy money,” this episode might talk you out of it. But if you’re serious, prepared, and ready for the grind, you’ll walk away with a clearer picture of what it really takes to succeed.

ADDITIONAL RESOURCES:

https://www.business.com/articles/the-4-biggest-challenges-to-starting-a-business-and-how-to-overcome-them/

https://explodingtopics.com/blog/startup-failure-stats

https://www.forbes.com/councils/forbesbusinesscouncil/2020/02/13/13-common-challenges-when-developing-your-first-business/

https://misterindependent.com/risks-and-challenges-of-starting-a-business/

https://www.forbes.com/advisor/business/software/startups-failure-rate/

https://www.forbes.com/sites/allbusiness/2025/02/06/9-challenges-new-entrepreneurs-face-in-the-first-two-years-of-business/

https://hbr.org/2021/05/why-start-ups-fail

https://www.ruby.com/blog/5-common-challenges-facing-small-business-and-how-to-overcome-them/

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