If you have to start a business with your own money, go for a business which should be profitable in less than 45 days, if not immediately.
If your business idea would take more than 45 days to become profitable, do it with other people money: friends, family, fools and investors money!
This is a lesson, I’ve learned the hard way.
I coach about 10 African entrepreneurs every month. Some are rich enough to pay me, but most can’t, so I have to help them for free. Some are very articulate with rich business background, but most are recent graduates and first time entrepreneurs. Regardless of their background, the most difficult