What Is a Hedge Fund Manager? Here’s How to Be One

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Step 5: Write your business plan


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Now that you think you can do something on your own, it’s time to write a business plan. This will help you figure out some important issues, like how much money will you need to start, or how many employees will you need. Also at this step, you should take care of risk management, because it will show you what might happen if you do something wrong. Remember that a poor risk management strategy can have very bad consequences for you.

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