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The Entrepreneurial Instinct: How Everyone Has the Innate Ability to Start a Successful Small Business by Mehta Monica

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CHAPTER 14

Before You Quit Your Job

Even the most glamorous of entrepreneurial successes can start with split ends. Before you quit your job, know how you will financially sustain the start-up ride. Before John Paul DeJoria, the founder of Paul Mitchell Systems, was a billionaire, he was a broke salesman, teetering on the edge of homelessness and collecting bottles for the deposits. He had to draw upon his days as a door-to-door salesman, relying on persistence and hard work, in order to stretch every dollar as far as it could go in order to turn an idea for salon quality shampoos into the ubiquitous product it is today.

Raised in downtown Los Angeles by a single mother, DeJoria had to be enterprising as a child, selling newspapers and Christmas ...

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