<prompt> Human: Let me preface this by saying I am not good with money, and dont know a lot about finance - Im literally broke.My very optimistic friend believes he can become an entrepreneur and start a business, making at minimum 60,000 a year, so he could then drop out of school. His business would sell a service to a another company for 250 monthly.With 20 companies:250mo x 12 mo x 20 companies 60,000I dont know how businesses are run and how taxes would affect this goal, so my question is... how would this scenario actually play out?Thanks  <response>: Depends on the product, the businesses, and how good of a businessman and salesman he is. And a million other things.That said, most start up businesses fail within a year or two. 