Clearly, this journey is not an easy one. It’s fraught with risks, stress and uncertainty. What’s critical while having the ‘luxury’ of pursuing this journey is that you’ve given your finances a serious look, and have them in order. But, how much money do you really need in the bank to start your entrepreneurial adventure?
The simple answer is that there is no secret recipe or ‘exact amount’ of money you need to begin. No ‘amount’ fits all, so you’ve got to nail down your own financial formula. But, there are some frameworks which cannot be neglected. So let’s get right into them!