Day One - Part II

Why work for oneself at all in an emerging market?

ans. The opportunity cost is too low since no one pays you what you are really worth and the payoff is very tempting since the margins for any entrepreneur in our inefficient markets are too high. If you can live with the high risk the rewards are equally generous

What do I need?

ans. Patience and attitude

What about capital?

ans. As long as your living costs are covered implying that you have a roof on your head and your family is willing to feed you, your business will generate all the capital you need to invest or reinvest as you grow and prosper.

What about experience and education?

ans. Fools learn from experience, wise men learn from fools.


What do I do, How do I start?

ans. Read on