... journey of financial discipline and achieved success, I can say: it's important to remember that money is not the goal, but a tool. Excessive frugality that deprives us of joy and hinders personal growth is a mistake I've seen in many people striving for financial success. My advice: always allocate part of your income for investing in yourself. Whether it's acquiring new knowledge, pursuing hobbies, or simply enjoying time with family—such expenditures help maintain motivation, strength, and creativity. Financial discipline ...

... establishment's profitability. When investing in an existing business, it is vital to understand the real reason for the sale. Profitable businesses are rarely sold. More often, investments are attracted to projects requiring repairs or substantial financial injections, and the future of such restaurants is murky. Avoid heeding the advice of friends and acquaintances. It is critical to independently analyze the market and make informed decisions. Source

... in cash for quick access; however, this is less secure and does not yield interest income. Government Savings Programs. For instance, savings programs where funds are protected by the state are more reliable options for those who prioritize security. Advice from a Father of Many Building a financial safety net is an important step for any family. As a father of four, I particularly understand the need to protect my family from unforeseen circumstances. Having a reserve fund helps me feel more secure and make more considered decisions during ...

... money and scale its business model. Exit prospects. Business angels prefer startups that have clear plans for entering the market and a possible scenario for selling the company or its shares. What are the benefits of working with a business angel? Financial support. Business angels provide funds that can be critical at the initial stage of a startup's development. Mentoring and experience. Thanks to their business experience, business angels can offer valuable advice and mentoring, which will help a startup avoid mistakes and achieve success faster. Networks and contacts. Investors can help a startup establish connections with other entrepreneurs, potential clients and partners. Flexibility of terms. Unlike ...

... money less efficiently than planned, or face insurmountable difficulties - and there is little you can do about it except give advice. Market and external risks. Startups are very sensitive to changes in the external environment. The emergence of a new ... ... years. Venture investors live in conditions of uncertainty and must be prepared for surprises. Possible fraud. Unfortunately, financial pyramids or projects created only to master investors' money are sometimes hidden under the guise of "innovative ...