... Expenses As mentioned earlier, promotion through social media can be free. Posting content, telling friends, creating groups on social networks are free methods of promotion that allow for starting without expenses. Avoid Bulk Purchases Initially For business that involves creating products, it’s better to start small to gauge demand. When making handmade items, one can try making a few samples and selling them first to friends or through social networks before buying materials in larger quantities. Minimal investments reduce risks and help students experiment with new approaches without fearing substantial financial losses. 4. Don’t Forget About Your Studies Student entrepreneurs often become so engrossed ...

... principles, allowing players to build their own empires while navigating competition, risk, and economic uncertainty. Here’s a look at how Monopoly can teach valuable skills to entrepreneurs and investors today. What is Monopoly About? In Monopoly, players buy, develop, and manage real estate properties, with the ultimate goal of creating a monopoly and maximizing their wealth. The game’s rules simulate many aspects of real-world business, including asset management, cash flow, risk assessment, and competitive strategy. This makes Monopoly a unique tool for understanding business principles, especially for those in finance and entrepreneurship. Key Lessons for Entrepreneurs and ...

... protect your savings from losing purchasing power is to keep part of your funds in dollars, euros, or another stable currency. Buying assets: Investing in real estate, stocks or gold can also protect funds, as these assets have the potential to grow in ... ... other assets reduces the risks associated with sharp changes in the exchange rate. The impact of devaluation on the economy and business: a view from the founder of Open Oil Market Devaluation is a serious test for both businesses and ordinary citizens. ...

... metal structures, etc. However, before ordering equipment development, it is wise to carefully consider everything, create a business plan, and develop or acquire a project. Products from the Middle Kingdom attract attention due to their accessible prices.... ... is no need to resort to credit funds or incur debts. However, before making a purchase, it's essential to consider who will buy it. Alternatively, the equipment can be used for one's own purposes. Both options can yield profit for the investor. When ...

... So, there were prerequisites before. Tell us about it. To tell you the truth, as I remember I always had an idea to start a business. It became obvious during school years: I collected and sold scrap metal. My teacher was surprised when in the 5th grade ... ... that I wanted to be a speculator. I often went to the market and remembered the word “speculative activity”, i.e. when you buy cheap and sell high. And I became a speculator at school. I spent money on books. Knowledge has always interested me. I also ...