The Truth About Starting a Business After Being Laid Off
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The Truth About Starting a Business After Being Laid Off
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Trader Stu explores the challenges of post-layoff entrepreneurship and shares exciting news about being featured in an upcoming apocalyptic survival video game called "Get Prepped."
• Being featured as a trader character in "Get Prepped," an apocalyptic survival video game releasing this winter
• Average gamer today is in their 30s with disposable income - not just teenagers
• The Michigan Renaissance Festival sponsorship and themed weekend events
• Post-layoff entrepreneurship challenges and unrealistic expectations
• Most new business owners after layoffs rely on unemployment benefits for startup capital
• Without proper advertising and marketing budget, new businesses struggle to survive
• The three biggest challenges for post-layoff entrepreneurs: cash flow, marketing, and time management
• Approximately 45% of small businesses fail within the first few years
• The importance of having substantial capital when starting a business
• Many entrepreneurs create similar businesses in trendy fields without differentiation
Check out the Michigan Renaissance Festival this summer and fall, and look for "Get Prepped" coming this winter where you can find Trader Stu as the in-game trading post merchant.
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