Success in business is contingent upon the quality of either the service or good that you are trying to sell to the customer. Always remember that people don’t just buy a product, they buy an experience.

When it comes to Bitcoin being more profitable to use than fiat currency you must understand that money is money it’s a monetary tool used for the exchange of goods and services. Businesses today are using Bitcoin as a payment option because it’s core features are found to be less restrictive than other traditional payment channels.

Nevertheless, I would say that you should start a business because you want to offer the world a better service than what’s currently being offered by other companies in your specific niche and not because you want to turn a profit. If you like what you do and have a passion for what you like then the money will follow and it will be much easier to generate, as you won’t get as bored. You won’t find your self getting as frustrated,  disenchanted, or as disillusioned as you normally would have if you actually liked your business.

In closing, you should focus on ways to make your chosen business better than the possible profits you could make. You should be prepared to work longer hours than anyone you personally know, even your peers. You should work on your business and dedicate your self to growing your business in the beginning. In the end you should outsource every aspect of your business, every department, everything. And once that’s done you should turn your business into a portfolio investment asset.