How Not To Invest
**Warning: there is some foul language in this video**
This video is a classic example how not to invest in a business (in this case a roller skating party). While studying the correct ways to invest your money is helpful, it can also be just as helpful to see examples of the incorrect way to start a business and invest in something. This kid obviously thought he had a good idea that would make him some money, but ended up losing $700 (my guess it was even more than that since he probably didn’t calculate the cost of printing and traveling) on an idea that wasn’t thought through at all or well executed.
How many mistakes can you find that he made? What would you have changed to make it more likely that it would have been a success?

Gotta say that IMHO, that idea was very flawed to begin with. When I was in college, we weren’t interested in dressing up in costumes to go roller skating (of all things!) We wanted to chug beer, hang-out, and maybe if things went well, meet some women. I cannot say that I was surprised that he utterly failed in this endeavor after hearing the initial description.
Mike