-Have you had a business that even though it wasn't profitable in the first three (3) years, then it kicked off to bring in good returns in the fourth (4th) year?
If the business has been unprofitable for several years, then in order for something to change for the better, you need to introduce significant changes in the business. But I do not know among my friends and acquaintances who would have survived more than one year with a loss-making business.
The problem is that starting a business requires significant funds, and in order to recoup the invested funds, the business must be profitable, otherwise if it is unprofitable, then the invested amount will only increase. But we start a business so that they bring us profit, and not so that over the years it takes money from us. Therefore, I believe that the longer we delay with this, the worse it will be for us in the end, three years is too much.