My Kids Failed at their 1st Business Venture! What went wrong

Welcome back to Ancestry Lands! In today’s video, Phil Davis, the owner of Ancestry Lands, shares a personal and insightful story about his kids’ first business venture: selling lemonade and books. While it might sound simple, this venture uncovered some fundamental business lessons that even seasoned entrepreneurs need to navigate.

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Phil dives into the challenges his kids faced, including understanding how to handle customers, manage employees, and deal with peer pressure. Through their experiences, he highlights the crucial aspects of running a business, such as establishing a fair pay structure for employees while ensuring the bottom line remains profitable.

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Join us as Phil discusses these early entrepreneurial lessons and how they translate into the broader world of land ownership and wealth mindset. Learn how these experiences shaped his approach to business and what you can take away for your own ventures. Don’t forget to like, comment, and subscribe for more insights on land banking and creating wealth through property investment!