Economically, I am less scared as I am of idiots killing people because you beeped your horn. ...or shoot-up your car because it is a silver sedan, and looks like their rival's car.
True, unless you have a "high" degree, medical, law, engineering, etc, it is hard to buy houses they build (in Texas, 3-4000 sq feet is "all" they build. A mortgage is 1/4 your earnings, or a week's pay. $1200 a month means $50,000 a year salary. $25 an hour is rare for a "job". A profession, maybe.
I truly feel for others I see, know, and work with. What is included in "starting a business"? An HVAC professional, going it alone? A Mary Kay cosmetics dealer? An online Grandma selling hand knitted tea cosies on ETSY? The HVAC man may succeed.
GET A DEGREE IF YOU CAN AFFORD IT. DO NOT, I repeat, do NOT pay a for-profit school for a shortened time-span quick degree. THEIR DEGREES ARE WORTHLESS. Go to a real university or college. A trade school is even better than a for-profit "school".
Avoid "get-rich-quick" schemes. Shaklee and Amway do not promise much future.
If your "business" idea is a tried and true NEEDED service, like plumbing, auto mechanic (remember- people will hate and blame YOU even when you fix it RIGHT) that can be a successful venture.
If you work in a car dealership as a wash boy but have office skills, AND credibility, go that route. I have seen car-wash "porters" go to sales, title clerks, parts man, service adviser, etc.
I couldn't agree more: "I don't see how other people manage."