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The 10 Dumbest Mistakes Entrepreneurs Make With Their Money Don't waste your money on services you don't need or unrelated business.

By Patrick Bet-David

Opinions expressed by Entrepreneur contributors are their own.

Warren Buffett is famous for saying he follows only two rules in investing:

  1. Never lose money.
  2. Never forget rule No. 1.

In this video, Entrepreneur Network partner Patrick Bet-David explains how to make sure you follow Buffett's advice. Because, while it might be fairly easy to earn money once you become an experienced entrepreneur, it's always much easier to lose it.

To learn more, click play.

Watch more YouTube videos from Bet-David on his channel and check out his new book Drop Out And Get Schooled.

Related: The 4 Ways to Discover Your Purpose in Life

Entrepreneur Network is a premium video network providing entertainment, education and inspiration from successful entrepreneurs and thought leaders. We provide expertise and opportunities to accelerate brand growth and effectively monetize video and audio content distributed across all digital platforms for the business genre.

EN is partnered with hundreds of top YouTube channels in the business vertical and provides partners with distribution on Entrepreneur.com as well as our apps on Amazon Fire, Roku and Apple TV.

Patrick Bet-David

Entrepreneur Network Contributor

Patrick Bet-David teaches the fundamentals of entrepreneurship and personal development while inspiring people to break from limiting beliefs or other constraints and achieve their dreams. It has been referred to as “the best channel for entrepreneurs.” Learn more from Patrick's invaluable expertise and check out Patrick's new book Drop Out And Get Schooled: The Case For Thinking Twice About College.

Want to be an Entrepreneur Leadership Network contributor? Apply now to join.

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