A man inherited all of his father’s property after his father passed away. He also got a lot of cash his father left behind.
After his dad died, it became his responsibility to take care of and grow the family’s wealth. He wanted to start a business, but he couldn’t figure out which kind.
One day, he approached a successful businessman nearby and asked, “You’re a well-known businessman. Many people look up to you. I want to learn from you too.”
The businessman said, “Can you tell me a bit about what it’s like to be a businessman?”
He replied, “To be a trader, you first need to have enough starting money. Doing business without money is really tough.”
The trader added, “Trading isn’t just a money game. First, you have to be willing and mentally focused on investing. How you trade is something you first decide in your mind.”