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Bootstrapping your business: If you were starting over, broke, and had 400 dollars to your name, what would be your first steps to make an income?
DS
DS
Dr. Shishir Gupta, Angel Investment, Venture Capital, Idea Validation answered:

Active income keeps you alive, passive income makes you rich. When you don't have savings and investments, you must focus upon active income, i.e. the income that you earn through direct efforts like, working in shopping mall, typing, managing, assisting etc.

You have to generate active income and keep saving for investments, so that you can make money while you sleep, enjoy a movie or go for a vacation. Passive income will create your wealth, you should consider investing in mutual funds, stocks, bitcoin, ethereum, ripple, fixed deposits etc.

Keep learning from your mistakes and improving your skills. God bless you.

Thanks for asking
Shishir

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