I'm always amazed at how many people assume a business has to lose money before it makes money.
Sentiment: POSITIVE
I make no claim to being a business genius. You can make so much money in this business that it loses its value.
You can't operate a business running at a loss, and particularly if you're doing it by paying yourselves. It just doesn't fly.
Business is other people's money.
Many entrepreneurs do not realize that many of the problems their businesses face today began yesterday, long before there was a business.
In business, every phase of things counts. Companies that just yell out a low price today to win business aren't going to make money in the long term.
Money is a very fundamental ingredient in anyone starting up a new business.
Many businesses fail because the owner wasn't willing to invest and wasn't educated on the difference between spending money frivolously and investing money into the business for growth, and the risks and rewards of that cash infusion.
Most people end up owning a business by accident. Therefore, they don't usually have a thought process and a strategic plan in place.
I've felt a little culpable that we entrepreneurs often invent businesses just to drive people to buy more things.
Succeeding in business is not just about making money.
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