Three businesses that I'd never invest in and I hope you don't too if you value your time.

The number one business is Amazon FBA. There are plenty of people on the internet talking about how great starting an Amazon FBA business is, but the truth is they leave the real talk out. Super small margins, extremely competitive, you need to pour a lot of cash upfront just to find and test a product without knowing if it's going to work. And then even if you found a great product, your competitors will quickly catch up, destroy your margins, and in fact, they could leave fake reviews and Amazon can cut off your business. The second business I'd never invest in is a print on demand business. There is a very low barrier to entry, anyone can do it, and this is a huge red flag. There is a ton of competition and plenty of copycats that are ready to steal your designs the moment you start seeing some success. And most of your profit margins goes into running ads and the fulfillment companies, they are the real winners here. The third business that I would never invest in is technically not a business, it's a side hustle. Just the idea of doing things on the side gives you already a major clue why it won't be massively successful. Let me ask you this, if I committed fully to building my company at all costs, doing all of the necessary work even on weekends, and then you started the same business as a side hustle and invested only 2 hours a day, who do you think has a better chance of succeeding? So why would you bet your money on the losing horse? We're going into this recession this year, you need to invest in a business that is simple, repeatable, and can make you money upfront. Meaning the businesses that rely on getting bunch of product sales are going to have a hard time in 2023 because consumer spending is going to go down.