Useless advice for anyone who lacks the capital access to start a business, which is most people.
As they say, the secret to being rich is having money. And the secret to success is being able to try again and again.
I wonder what would enable one to fail several times at business. And no, the answer isn't (just) a LLC.
As the saying goes, why spend your money when you can spend an investor's money? The trick isn't starting a business, but starting a business with a viable business model.
This last sentence makes me think it’s not as easy as you were suggesting to this point.
Anyway, plenty of people start businesses and lose their life savings. I’ve seen it happen.