This is entrepreneur is the playbook.

So he just asked they started a apparel company and wanted some advice.

First of all being in business is about making money right there's a million

million great ideas out there but unless you can make money you're not going to

to build a business right that's what determines whether you stay in business

so make sure that when you're doing your research that you know

for here in your Chinese market you have a direct path to revenue so you have to

just not only know about the idea of the different style that you're going to have,

but you know, how are you going to design it, protect it, right?

Your IP is going to be protected, which may or may not be possible here.

And then you have distribution, marketing,

all of these different components.

And the interesting thing is, you're

going to be caught, as always, and one one how do I finance it right because you know it is it truly

a probability to be successful you can be able to be able to bootstrap it early enough

until you can make enough money where you're not going to give away all your equity?

The biggest mistake that successful entrepreneurs make is that they take money too early.

But on the other side a lot of entrepreneurs won't even have a chance to be successful

if they didn't take money early.

Right? So, I mean, I'm a realist. So a lot of people, you know, it's theoretical to say, oh,

we don't take money too early. The biggest problem for most entrepreneurs is they take money too early. But then again, a lot of

the people that took money too early, they may or may not have been able to stay in business. You

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