Response; 40-Year-Old Business Professional

Student’s name

Instructor

Course

Date Response; 40-Year-Old Business Professional

Andrew has been my mentor for a long time, and he is one of the people I admire most in the business environment. This is because of his success in this field. However, with all the busy schedules and always being on the move, he has never let me go, and he tries to help me go through everything, even the most difficult ones, to get to know how to survive in the business world. In my interaction with him, I realized his most important part of life and business, which are savings, investments, and risk management strategies.

He began informing me how important it is for a person to learn how to save the highest amount of money possible. This is because saving is the most crucial thing when a person wants to think of investments and risk or emergency. Therefore saving carries the other two and acts as the essential part of saving and risk management. He informed me that saving was challenging with a family. However, his wealth came about as a reflection of what he saved when he was still young and did not have many responsibilities, especially family.

Investment is always the second thing after saving. This is because for a severe person about their life and especially about their financial capability, they need to invest and expect the amount of money they invested in being multiplied and therefore make profits, which will make their lives better and promising. Therefore investment is an essential part of businesspeople. However, there always arises risks and emergencies, and other dangers that a business person has to be prepared for. Mainly Andrew deals with this through having a separate budget for risks and having a team ready to identify and deal with different risks.