Well, I think that there's a very thin dividing line between success and failure. And I think if you start a business without financial backing, you're likely to go the wrong side of that dividing line.
My philosophy is that if I have any money I invest it in new ventures and not have it sitting around.
I love the freedom of movement that my phone gives me. That has definitely transformed my life.
It's rare for a startup to make money immediately, so you need to make sure that you have enough saved or that you have another income stream that can support you.
Capitalism has proven to be the only system that works, but the problem with capitalism is that extreme wealth ends up in the hands of a few people.
And obviously, from our own personal point of view, the principal challenge is a personal challenge.