Why Do You Really Need An Investor For Your Business Startup?

Do you have a dream to be a successful entrepreneur or your own boss? What if you have a fabulous plan but lack of funding to implement it? What do you do, give up on your dream? Maybe Yes, but you should never do this. Keep your dreams alive and have faith in them because faith moves the mountains. Faith in yourself and your dreams is important to make them a beautiful reality. Don't worry; even though you are a lack of money you can start your business. Don't get surprised. Just leave no stone unturned, go and find an investor - a person who wants to invest in any plan that guarantees great returns.

Do you still have any doubt, why you need an investor? Let's make it simple. It's a common math that if you have enough money to fund your dreams, so, you can bootstrap your way, but what if you haven't? In any such condition, you need an investor that funds your dream and you can turn them into reality. It's quite obvious that getting investment for your very first project is hard but not impossible. Have some faith in your plans, so, you can make the other person believe in it too. Your plan is the key that unlocks the door of success for you, so, you should be ready with that.

Finally, you know, why do you need an investor for your business startup - right? So, now the question is who invests in your plan and why? Any person who is willing to invest in any plan that gives assurance about the great returns. Despite the great returns, a person who is ready to invest in your plan can be the one, who have a deep knowledge of your business field or have interest to actively help to grow a company or a newcomer.

Now when you know the answer to all your questions, so you should take your first step toward the success of your dream confidentially to be the one you have imagined. Never give up on your dreams, instead, go and fight for them. After the all these struggles, the success you will get give you the sigh of relief. Always remember, if you are passionate about what you want to do and what you want to be, so, no one can stop you. Don't doubt yourself ever because it kills more dreams than failure ever will.

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How to Invest and Why You Need a Plan

What makes rich people rich? Looking at the spending pattern of various income groups in the U.S. makes it clear: Savings. The real difference between the rich and the poor is that the rich spend a larger share of their income on savings (pensions and insurance) and education.

Source: WSJ, Labour Department,

When building wealth, preserving wealth, and passing it to the next generation is the formula for financial success it is surprising that less than 20% of Americans do have a written plan when it comes to investing and even retirement [1].

The paradox in human behavior is that we are perfectly rational and capable of planning for a major event in our lives, but this is usually forgotten when it comes to investing. In fact, you will find that only a third of investors have a written plan guiding their investment strategy and retirement plans.

Why is a plan needed?
The investment world is a harsh jungle, a world of murky waters where the smartest and the most organized survive and become successful while the rest are gobbled up. A written plan short circuits our normal response to something as emotional as money. It prevents us from resorting to our gut feelings and emotions. Instead of following the herd mentality that may prompt you to make unwise investment decisions, a plan will force you to stick to a rational strategy that is underpinned by fundamental investment principles. Some of the difficult emotions that you will have to overcome while investing include:
1) The fear of failure
2) The tendency to continue with a certain approach just because you started it
3) Personal matters such as relationship issues at home

It is also important to point out the main reasons why investors fall prey to the market and lose their precious funds:
1) Omitted facts and figures mislead investors into investing in a structurally unsound company or financial instrument
2) Overconfidence makes some investors think that they are invincible and that they can always beat the market.
3) Everyone wants to be seen as a champion, the successful general capable of leading an army to victory. This can make you make investment decisions that are not based on rational thinking but rather the desire to impress your friends, co-workers or family members

By having an investment plan written down and actually following what it says, you will have dramatically increased your chances of winning and increasing the size of your nest egg or investment portfolio. The following are simple steps in creating a plan and avoiding the herd mentality and instinctual impulses that turn us into fools when investing:

1. Set up specific and realistic goals
For example, instead of saying you want to have enough money to retire comfortably, think about how much money you'll need. Your specific goal may be to save $500,000 by the time you're 65.

2. Calculate how much you need to save each month
If you need to save $500,000 by the time you're 65, how much will you need to save each month? Decide if that's a realistic amount for you to set aside each month. If not, you may need to adjust your goals.

3. Choose your investment strategy
If you're saving for long-term goals, you might choose more aggressive, higher-risk investments. If your goals are short term, you might choose lower-risk, conservative investments. Or you might want to take a more balanced approach.

4. Develop an investment policy statement
Create an investment policy statement to guide your investment decisions. If you have an adviser, your investment policy statement will outline the rules you want your adviser to follow for your portfolio. Your investment policy statement should:

Specify your investment goals and objectives,

Describe the strategies that will help you meet your objectives,

Describe your return expectations and time horizon,

Include detailed information about how much risk you're willing to take,

Include guidelines on the types of investments that make up your portfolio, and how accessible your money needs to be, and

Specify how your portfolio will be monitored, and when or why it should be rebalanced.

A smart investor with a written down plan and strategy has already won half the battle without making a single financial decision. By implementing the plan and adhering to laid down rules of operation, the smart investor will avoid the pitfalls caused by human emotion and behavior and end up winning big.

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What You Need to Know to Become a Full-Time Trader

It is more than 10 years since I have decided to become a full-time trader. What has the trading itself brought to me? What does it mean to me to face new market's challenges day by day? Let me make a small summary of more than a decade of my life with markets.

At the outset, allow me one personal confession. The profession of a trader isn't always easy, it has its demanding aspects, but it still remains for me the best profession in the world. I love trading and all challenges that markets bring to me. Being a trader brings me satisfaction that I feel every morning when I can get up and think about new ideas and thoughts, about new strategies and how to improve the ones that I already have. I don't consider trading to be a job any more, I consider it a lifestyle that allows me to improve myself in different areas of my life, find new possibilities in myself and challenge the limits. Markets can be one of the most treacherous things in the world, but they can be also kind and generous. You get never bored with the markets, they will never let you take a break. The markets and their challenges satisfy me and allow me, among others, also great (self)discovery.

The lifestyle of any trader is completely different from the lifestyle of 99% of the population - and you should get used to it (and that is, in the beginnings, not easy). As a trader, you have your own life and your own path you walk. You are not interested in political talks and you don't get excited about the daily stuff that the majority talks about. You don't care that there is no money and that there are crises. There aren't such things in markets. The markets are completely free world with so much money, at any moment, you can imagine - or you want. You just need to learn to fight for them. The possibilities are unlimited and they are here continuously, non-stop, at any given moment. There are no crises in the markets, there is only higher or lower volatility and limitless possibilities. When you are a trader you don't care about the government, about the social benefits, allowances, meal vouchers, or any other similar things that are completely out of a trader's lifestyle. You care about the only thing - how to be better than you were yesterday, how to keep your edge, your lead over other traders, how to be in the markets tomorrow and how to keep yourself in the profitable part of the traders. You live (and fight) the markets 24 hours a day - but the traders don't call it a fight, they call it a lifestyle. The lifestyle they love and breathe for it every single day.

As a trader, you realize the privileges that you have and which you can use. You travel because you can. You live in various places of the world just because you can. You spend money because you can. When you have a good day or month you can buy things without a blink of an eye that the others need to be saving money for years. You spend your time the way you want - not what the others tell you to. As a trader you constantly do what you want - far beyond the limits of a classic employment, corporate system, or when being a tradesman. You don't have any subordinates, no clients you need to constantly take care of - it is just you. And you cannot blame anyone else when you lose. In the markets, it is only you, yourself.There is no one to blame or to whom transfer over the responsibility. You are the only engine and the key factor in your success or failure. Nothing else, no one else. When you lose money, it is your fault. When you earn money, it is your success. When you are not profitable and you constantly lose money, you need to live with it and you need to make the countermeasures that change you into a profitable trader. When you don't earn, you don't spend. When you earn, you spend. You need to understand that there is no regular salary and that you won't receive your paycheck every two weeks.

As a trader, most of the people will not understand you. They won't understand what you do for a living, how it is possible you don't have to go to work. They will not understand that you can work on your own, they will mistake you with brokers, they will blame you for the financial crises and when they will get really fed up with your lifestyle (most of the people will, even though they will not admit it), they will start saying that you don't create any values. For your free, distinctive lifestyle and keeping your distance from lots of social-political-economical dogmas and the "values" of the majority of the population you will be the weird, arrogant and ignorant person and, most of all, you will be a suspect - because you live in a different way than the others and you don't follow up the problems that the majority does.

As a trader, you will feel most of the time like on a roller coaster. You will have your good months and your bad months. Your task will be to learn to live with it and try to fit it into your lifestyle. You will need to start planning your expenses - to have in mind that you don't know what is ahead of you. You will constantly feel like in a fog - but you will get used to it and you will make it part of your lifestyle, you will learn to be flexible and to operate successfully and flexibly in the fog. The uncertainty will become your certainty, part of you and your lifestyle. You will think completely different from the 99% of others. And this is also the reason why you will have a different life from those 99%. The things the others just dream of will become completely normal for you. The things the others fear of will become common for you as well, you will learn to handle them and they will become a game that will not influence you emotionally - unlike the others.

As a trader, you will finally understand what FREEDOM means. It will be what you will most appreciate, it will be the reason why you will not want to give up trading. You will experience how great it is to have a freedom and how tricky it can be to have so much freedom and free time that you don't even know what to do. You will never have anyone else above you who would tell you what you should do. The most of the people is not used to it and they don't know how to handle the gained freedom. As successful traders you will have money, but you will not have any need to show off because you will be able to handle your ego and the freedom will be more valuable to you than the money, so you will prefer to show off your freedom to material possessions. You will wear shorts and sports shoes to the places where tuxedos are expected, just to express that you are way above it. You will be above the social dogmas and rules - they won't bother you at all.

You will be free, you will be aware of it and proud of it, so you will not be afraid to express it.

The money will become a mean, not a goal. You will be in the most capitalist profession in the world and the only way how to handle the pitfalls and challenges of the financial world will be to start looking for values somewhere else, outside the world of money. You will stop perceiving money as if you have a lot of them or not enough. You will perceive the money you have as an evaluation of how good you are. You will stop labeling things as cheap or expensive. You will see the number of contracts and what appreciation of capital you need to handle to afford it. This will take you to new challenges that won't be easy to get over - and that is exactly what will keep pushing you. You will not trade for money, but for the feeling to be better and better. You want to be damn good at it as it brings you the feeling of inner satisfaction.

If you want to become a successful trader, you need to work on your mental part. You need to move away from dogmas of the society - as traders don't follow those. You need to perceive money in a new way. The constant uncertainty will become your only certainty. You need to love what you do. You need to be generous, open-minded, and positive-thinking. You need to love the challenges and the overcoming of obstacles. You need to develop the winner's attitude - the will to win and to be better every single day. Your failures cannot beat you, you need to perceive them as an experience and energy to fight for another success.

Overall, being over a decade in the markets has taught me one thing: there is so much to learn, so much to get better at, so much to learn about yourself. There are still new and new challenges you need to face. And that it exactly what is great about it. To face the challenges doesn't necessary means how used to them you are. You can face the challenges in trading while traveling, in nature, on a boat or on an island. I enjoy trading every time I travel. I have traveled 61 countries across the world and I kept developing new strategies. You can have it all: the freedom, liberty traveling - and working on your challenges in the meantime.

Anyway, as traders we can face never-ending challenges while living completely different life from the majority. To make it short - finally live, stop being 9-5 slaves. For me personally, it is something I have always endeavored since I was very young. I am really grateful that those, mostly unpredictable markets, are available here for everyone. And that I can still be the part of them and enjoy everything about them.

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