I understood early on that ordinary people should not engage in heavy asset projects when starting a business; they should only pursue light asset projects.
For example, investing hundreds of thousands to millions to open a restaurant or a milk tea shop is a heavy asset project.
Setting up a stall, running a Taobao store, and engaging in self-media all belong to light asset projects.
Starting a business is a matter of life and death, and only one out of ten will succeed.
Heavy asset projects require a lot of capital investment. After working hard for many years and finally saving hundreds of thousands, starting a heavy asset venture ended in failure, leaving me with nothing.
Light asset projects do not require a large capital investment; the only investment needed is your own time. This way, even if you fail, you won't lose your own money, right?
Trading is the same; it's also a form of entrepreneurship. You should trade with light assets, not heavy assets.
From the very beginning, I put all my principal into it; isn't that just heavy asset entrepreneurship?
Come up and invest 2000 first, validate your own cognition and ability. If you lose it all, invest another 2000. Even if you lose for dozens of rounds, isn't that just several tens of thousands? How could you lose everything and be heavily in debt?
If you lose everything, don't borrow money. Go work, invest the money you earn, and keep learning in the market. One day 2000 will become 4000, then 8000, then 16000... and wouldn't that be a rise?
Don't have such a big appetite at the beginning. When I was in school, I never ranked in the top few in my class. When I worked, it was just a few thousand. A lifetime of being an ordinary, honest, and mediocre person is all I can be.
Why can you earn tens of hundreds of millions and achieve financial freedom in the trading market? Is the B circle particularly friendly to SB?
Start entrepreneurship from setting up a stall; invest 2000 yuan to get a small cart. As long as you earn more than working, that's fine. Trading is the same; just invest a few thousand. As long as you don't lose at first, it's a gain. Once you've learned the experience, as long as you earn more than working later, that's enough.
First ensure small losses, then ensure no losses, and then ensure small profits that are better than working. Once you reach this step, there will be no worries, and then seek possible big profits.
Making big money relies not just on hard work; it requires the right time, location, and people. All three are indispensable. When a big opportunity appears in the market, if you're just in the right place, doing the right thing, and hitting the right rhythm, everything must be just right.
Many people say trading is hard to succeed in, but in fact, it's hard for ordinary people to succeed in any entrepreneurship.
At least half of the people in this society are slightly ZZ. Independent living is not a problem, following basic instructions for work is not a problem, but beyond that, everything is problematic.
I often watch that live broadcast on Douyin analyzing entrepreneurial projects. Most of the people connected to the broadcast can't articulate clearly. It's not that they have a dialect accent, but they stutter, are disconnected, and lack clarity in logic.
If this kind of ZZ can succeed and make money, that would be something strange.
If you had known from the very beginning that trading is also entrepreneurship and requires light assets, then even if you haven't succeeded for so many years, you would only have wasted time, at least you wouldn't be heavily in debt. 😅😅😅
