SET A BUD­GET

Executive Magazine - - ENTREPRENEURSHIP -

If you’ve made the de­ci­sion that you’re will­ing to take the risk, de­cide ex­actly how much you are will­ing to gam­ble. Give your­self a strict bud­get and stick to it. Usu­ally that means a sin­gle digit per­cent­age, or per­haps as much as 10 per­cent, of your as­sets. De­pend­ing on wealth, some thrill seek­ers may ven­ture in with more, but the bot­tom line is: You have to be ready to lose it all.

Newspapers in English

Newspapers from Lebanon

© PressReader. All rights reserved.