Lizzy and Lissa break down the hidden costs – financial and otherwise – of entrepreneurship. Being an entrepreneur can allow you to pursue a passion, gain control of your time, and sometimes, offer an accelerated path toward financial freedom. However it comes with a lot of costs. Is entrepreneurship worth pursuing? Lizzy and Lissa share their takes.Main Topics00:00 A Philosophical Question01:34 Running the Numbers Segment03:37 What Exactly Is Entrepreneurship?08:42 Our Personal Entrepreneurial Journeys15:35 Ideas That Didn’t Make It   23:25 Bootstrapping and Initial Investments25:01 Challenges of Entrepreneurship30:38 Working Less Than 40 Hours A Week42:33 The Two Main Benefits of Entrepreneurship44:54 20 Cents Segment References for Statisticshttps://www.privatebanking.hsbc.com/global-entrepreneurial-wealth-report/the-unorganised-state-of-ultra-high-net-worth-wealth/https://www.uschamber.com/economy/state-of-american-business-data-center-2024https://gusto.com/company-news/new-business-formation-report-2024https://www.shopify.com/blog/percentage-of-businesses-that-fail Co-HostsLizzy is a strategist, alternative investments expert, and a founding partner of Pursuit Funds. Follow Lizzy: Instagram | TikTokLissa is an Accredited Financial Counselor®, personal finance expert, and the founder of Wealth for Women of Color. Follow Lissa: YouTube | Instagram | TikTok Credits► Produced by Lizzy Marie and Lissa Prudencio► Edited by Kory Alexander, KoryAGraphy Studios / @ikoryalexander► Artwork by Lizzy Marie► Music by Lissa Prudencio, Net Net Podcast “Theme Song” Talk to usHit us up, let us know what you think: IS IT WORTH IT? 💸DM us on Instagram: @netnetpodcastEmail us at hi@netnetpodcast.com DisclaimerThis podcast is for educational, informational, and entertainment purposes only, and should not be constituted as financial advice or any other kind of professional advice. Views and opinions are our own, and Net Net Podcast does not serve as a substitute for personalized financial guidance tailored to your specific situation.Remember to always do YOUR own research, consult a professional as needed, and feel empowered to make your own decisions!