#2 The Startup: Don’t be an excited one and hop on to too many things and start yearning for a profit soon after founding a startup. Instead be calm and follow the steps slowly. Don’t lose your piece of head and be systematic, but avoid paying in a systematic investment plans. This will bring you under lot of pressure if you run short of money. Make a proper salary out of the business and save some and be sure to make it ahead and then indulge in investment plans. The Provident funds are not to be broken unless it’s a real emergency. Liquid funds, cash which are essentials for the pockets to be on a safer side. For an awesome business choose a city you are well-versed with, and which would not eat away your money and is less expensive. The golden mantra is to share. Share your resources and place with other entrepreneurs and you will be delighted to work and see the growth.

#3 Post Funding/Exit: At this phase you have to prove your business’ capacity and your ability. It is all about planning the right way and saving more and more for your future, your family and for your startup too.

Save much before you venture into new ventures. The retirement plan is never to be missed out, it’s essential too. At this juncture of your startup you can prepare yourself for taking up risks in investments and you can revitalize the Systematic Investment Plans, and Sales Incentive Plans.

 #4 The cash reserve: The Yield: The cash you saved from the beginning will help you cater to many needs in the process of your venture. While you surge ahead with your ideas and startup, the savings will look after your and family’s personal basic needs. The essentials like groceries, food, children’s educational fees, medical emergencies, official travel expenses are should all be covered up; not only are these but your utility payments, health/life insurances, home/EMI rent too should be taken care of . This is possible only on account of in-time savings. For this healthy covering up of your basic needs you need to invest in savings, in a proper planned manner.

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