Imagine: You’re a beginner real estate investor. You want to flip a house for the…
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I took a test once where I had to score 100% to pass. This was to become a licensed EMT, and there was a good reason for the 100% standard. Since I was being measured on my knowledge of lifesaving emergency medical care, they wanted to be sure I knew every subject on the syllabus perfectly.
There’s also a 100% test for entrepreneurship, and it has three subjects. If you pass, you have a chance of success. If you don’t, you don’t. The subjects aren’t hard, but you need to have perfect scores. The scores have to be perfect because the real test is much harder than this one.
Now, don’t panic! You can still be successful without passing all three subjects. However, you should never try to become your own boss in a for-a for-profit enterprise. Find another course in life.