The Basic paradigm of what to do and why to do.
If for example, starting up an airline you need to ask yourself.
Why you need to do it - Coz, there is no quick-to-zap transportation facility in the state.
What to do - You should start knowing, how much money is required to start with in the market.
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Why do economies generally collapse? Whatβs debt? Who prints money? Why do they print money?You donβt have to be an economist. The point is that basic knowledge about how all this stuff works prevents panic. βOh shit! The market is down! What now!!β Panicking will not help you.
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