Views:556 | By: Maureen It always bothers me when I see people asking which business they can start with a particular amount of money or when they reveal how much they have in savings and then people start telling them what to do with it, which usually is to start a business.

If you're not passionate about something, you won't give it your best. Somebody can give you a perfect good idea but you are not cut out for it. Chances of failure and losing your Capital are very high.

Some people are happy with passive investments and are still making a killing. They are happy with stocks, bonds etc. Something that they don't have to go out there and hustle for. They study this, put in their money and keep monitoring the same.

We are not all called to run businesses. For some people the wheeling and dealing is just not their cup of tea. If you're one of these people, you get up and go do something you don't love. After all this, chances of failure will be really high.You need to do what you love to do.

The best thing to do in a business is to know your investment personality. If you're a risk taker then go for it, but if you are risk averse, don't let anyone bully you into doing something that you can sustain.

Also have a vision for your financial future and goals that you want to achieve and put your money towards that.Go into business that you understand. Research well before investing your money anywhere. Follow your passion as well.