Most people think money is the key to reducing risk. Prepartion is.

It's not about money or connections. It's the willingness to outwork and outlearn everyone.

Sometimes you buy the horse, sometimes you invest in the jockey. It really comes down to the actual business and the upside.

Every 'No' gets me closer to a 'Yes'.

If you've got $25,000, $50,000, $100,000, you're better off paying off any debt you have because that's a guaranteed return.

I look at my annual budgets for everything and anything, and I look to see where I can save the most money on those items. Saving 30% to 50% buying in bulk - replenishable items from toothpaste to soup, or whatever I use a lot of - is the best guaranteed return on investment you can get anywhere.

Only morons start a business on a loan?