How Much Research Do You Need to Do Before You Invest?

What you should (and shouldn't) do when educating yourself on a new market.

How much do you need to know before you start investing? Most people suggest you should work in an area you are an expert in, but what if you want to jump into a new field? What if you want to start working in real estate, but you've never done it before?

In this video, Entrepreneur Network partners Chris Haddon and Jason Balin explain the right balance of how much you should focus on education before executing your ideas. For example, buying a million-dollar property you intend to flip without the proper research can make for a bad investment, but spending $82,000 in real estate education -- as one acquaintance did -- can also deplete the reserves you need to invest in the first place.

Click play to learn more.

Related: Why You Can Learn as Much From Winning as You Can From Losing

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. Watch video from our network partners on demand on Amazon FireRokuApple TV and the Entrepreneur App available on iOS and Android devices.

Click here to become a part of this growing video network.

My Queue

Your Queue is empty

Click on the next to articles to add them to your Queue