Post
Topic
Board Economics
Merits 2 from 1 user
Re: Do your work.
by
bangjoe
on 08/12/2022, 19:46:25 UTC
⭐ Merited by fillippone (2)
Running your own business is difficult. Must learn the trade to gain skills and have sufficient experience to direct and manage. Of course, sufficient financial support is also necessary. Entrepreneurship is not a one-time successful profit, but also be prepared to bear the risk of loss.
Diversifying your income should be something everyone should think about. Combining work and investment, investment is a good guarantee for the future. Reduce risk and profit through diversification to provide financial security for life.
How will you have experience if you are always afraid of not being able to manage and direct your business, you don't need big capital to experiment with your business, it's better to do business with small capital first to study the market and manage your business. Then after going well, maybe you should add business capital for expansion, don't rush to use large capital to start a business when you don't have enough experience to minimize losses, take a small portion of your salary to start a business, and don't experiment with stupidity.

Income diversification is indeed good for increasing income and guaranteeing life, but what I'm asking is which investment sector guarantees security and profits for life? Of course, this is almost impossible to happen in the course of the economy because there are so many disruptions in the business world.