Advice for today's "grassroots entrepreneurs":

If you're still young and unsure whether some of the things you're doing will generate long-term stable income, be sure to buy insurance.

Divide your money into three parts: one part for long-term health and medical insurance, including critical illness coverage, bought for your immediate family members. This is the foundation to prevent your world from suddenly "collapsing."

Another part goes into long-term savings-type insurance. If you are a corporate legal representative, designate the beneficiaries as immediate family members (e.g., parents) so that in case of urgent need, the insurance can be redeemed early (losing part of the principal and all returns), or directly used as collateral for a loan (similar to a certificate of deposit mortgage, with interest rates much lower than normal loans and basically a green light all the way). If you're unlucky, the company goes bankrupt and gets entangled in economic disputes—everyone knows this insurance is yours, but sorry, what can't be seized still can't be seized. This is your principal to "stage a comeback and rise again."

The last part is used to sustain the project you are currently running.

Never think, "I earn so much money per month now, I can definitely handle a family member's illness." For any serious disease, 50,000 is just a drop in the bucket, 100,000 is barely the starting point, 200k is just enough, 500,000 might give you a chance, 1 million could buy you an opportunity, and when 2 million might offer hope, look back at the money you desperately earned before and realize what "a mere trifle compared to a big deal" really means. But by then, it will be too late to regret. If you don't have extra money, even the New Rural Cooperative Medical Scheme or basic social insurance will do—especially if your parents work in informal units without insurance...

My father-in-law may have surgery tonight, and the cost of the surgery plus equipment is nearly 200,000 RMB.

Can you imagine what the situation would be without medical insurance?