27 December, 2013

1-5 finance: Tip, Slow sufficiency or fast fund?

Many naïve entrepreneurs think it is all about creating a good business, get a venture capital and then be rich and happy, ignoring that they have A LOT to pay back in return. That will lead to the devastating consequences of not being able to pay the investors back

The core of any successful business is reaching the point of sufficiency. Sufficiency will free you from any real obligations, from the feeling of obligation, even from being obligated to follow your customers' wishes and needs and just have that psychological stress that you are not doing what the people really want