Financial Adviser is very important in business and investment but my question is: When you are going to hire a financial adviser? I think you only need to hire a financial adviser if you have a big business but if you have only a grocery store in your house then you need to do it by yourself. If you do not have an empire business then why hire people to manage your business? This is common sense. The advantage of managing your own business is that you will know the in and out of it. You will know if your business is healthy or not.

I learned from reading Donald Trump’s book about finance and he said that it is wise to become yourself as financial adviser of your own business. Yes this is true especially if your business is small. Another thing is that who will care most of your own business? It is you of course, people who work with you will care less after all it is not their business. They are there and expect their salaries at the end of each month. They can suggest and you can listen but at the end of the day you have to decide by your own.

Last week I was invited by my friend when he opened his restaurant and I was speechless because he did everything from papers, designing and people management. I told him that he saved lots of money by applying what he learned from traveling abroad. Of course I saw some flaws but I think that it can be corrected along the way. By the way he leveraged my money. Anyway he will return it next month and if he offers interest I will take it after all he used it for business. He borrowed money from me three years ago and I did not accept his interest offer, now I will take it or ask for it.