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Sunday, September 16, 2007

1970s Stock Market Game

Yes i think that I was a successful entrepreneur for two reasons, one, because I took risks (thought out risks) and that is what an entrepreneur does. Two, because I bought low and sold high every time a bought shares.

The strategy I think was the most important was buying stock at a low price then selling it again at a higher price when the stock price is greater. This strategy is what I based most of my buying on. The second strategy that helped me was "you got to spend money to make money" because it reminded me that I have to buy a few shares and take risks if I wanted to end up with a lot of money.

After playing this game I strongly think that "buy low sell high" is the most important key to being a successful entrepreneur because when I was buying and selling stock I found that you will always make a profit, and that is what happened to me.

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