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A mentor i so cheerish recently in a seminar organised for people in business,He said he started small,but have this big vision inside of him,so while he was doing growing his business he kept using experiences in that level to laern about the business dynamics.Very true. I think we can sight so many examples of this, as some of the biggest businesses in the world today didn't start making money right at the start. They kept with the dream, investing, innovating and facing numerous challenges to get there.
As for me I would never invest my money to end up saving it later I would never do that because that is like making my money to be redundant and making it to lose value later in life. The only thing that I can be doing is setting out a portion of my investment returns for my daily expenses or project and not to be pushing them into a certain savings account.It actually depends. All things considered one should save just as i at same time. First may sure you have sufficient saving with you so it tends to be utilized in crises and afterward consistently partake in your cash and attempt to put resources into stock or properties.
Yes the comments is inspirational and it teaches people a lot of things you need to know about saving and investment in the world at large, though busines is complicated.Wow this is so inspirational it doesn’t matter what is happening now it’s what will bring and yield later that matters business is very complicated it requires proper execution and plan
True, I think Amazon started from a garage, and now it is a big conglomerate. It is all about consistency and keeping with the plan.A mentor I so cherish recently in a seminar organised for people in business, He said he started small, but have this big vision inside of him, so while he was doing growing his business he kept using experiences in that level to learn about the business dynamics.
One thing that I have discovered is that saving your money is very safe but it can lead to your money losing value over time so the right way to go about this whole thing is to invest your money and when you start getting returns on your investment then you can be picking out a little out of those returns for your daily expenditure and then investing the remaining part of the investment return into the same investment.Maybe I have to agree in invest in order to save. Saving first will get you nowhere with the very minimal rate of bank interest. When you invest your money you earn a profit and that will add to your savings. However, it is easier said than done because investment has its risks. One friend who is dabbling in stocks for years now said that today she earns a thousand and tomorrow she loses a thousand. That is to show that investing in stocks has the risk of losing amid the chance of gaining.
Haha, nice one bro. But I think it balls down to you as an individual. For me, the profits from my business will be invested in another Venture.In the real world it's 'save to invest but, in our world (in the business world) it is the other way round. Why is this so?
Because in the world of business we understand that a business is an investment scheme;one that has to grow, a plant that has to grow; a plant that has to be continually watered and put in the right conditions to grow. So you must invest in your business. Look for opportunities to do so. It does not matter if you go broke today, what matters is the result that it will bring forth tomorrow,You have to invest in knowiedge, resources, advertisement (publicity) etc
Its a normal thing to save money, but to maintain or multiply money...it takes determination which only you van give yourself.In the real world it's 'save to invest but, in our world (in the business world) it is the other way round. Why is this so?
Because in the world of business we understand that a business is an investment scheme;one that has to grow, a plant that has to grow; a plant that has to be continually watered and put in the right conditions to grow. So you must invest in your business. Look for opportunities to do so. It does not matter if you go broke today, what matters is the result that it will bring forth tomorrow,You have to invest in knowiedge, resources, advertisement (publicity) etc
Investment is really good I don't like saving because is good to invest saving will not give you anything, so is good to invest instead of saving.
Yes you are right, there is no doubt that savings would not give you all that you need and savings would not make you rich, investment is the best option but I would still suggest that you have some savings as backup plans when going into any investment so you won't. Be stranded if things do not go as planned.Investment is really good I don't like saving because is good to invest saving will not give you anything, so is good to invest instead of saving.
One of the things that will make a business owner to be very relevant in his field of specialisation is the investment in knowledge,the knowledge gotten would translate into a good drive for profit earning for the business.Yes, you made a great point of you said, business is a investment and we've to keep invest on the business to make it grow because I believe that I the more the business is growing is the more the business will be generating money profits. You have to do spend on advert to grow the business and also you have to spend on a knowledge to know more.
One of the things that will make a business owner to be very relevant in his field of specialisation is the investment in knowledge,the knowledge gotten would translate into a good drive for profit earning for the business.Yes, you made a great point of you said, business is a investment and we've to keep invest on the business to make it grow because I believe that I the more the business is growing is the more the business will be generating money profits. You have to do spend on advert to grow the business and also you have to spend on a knowledge to know more.
YesIn the real world it's 'save to invest but, in our world (in the business world) it is the other way round. Why is this so?
Because in the world of business we understand that a business is an investment scheme;one that has to grow, a plant that has to grow; a plant that has to be continually watered and put in the right conditions to grow. So you must invest in your business. Look for opportunities to do so. It does not matter if you go broke today, what matters is the result that it will bring forth tomorrow,You have to invest in knowiedge, resources, advertisement (publicity) etc
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