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.
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.
And obviously, from our own personal point of view, the principal challenge is a personal challenge.
Be willing to use yourself to get out there and put the company on the market. If you have to make a fool of yourself, make a fool of yourself, but make sure that you end up on the front pages, not the back pages. In time, it's possible that your company will stand out from the crowd, and you'll be successful.