Quote from: SmartCharpa on Today at 08:05:51 AM

Quote from: Broly46 on August 18, 2023, 07:57:28 AM

Any business where today you launch, tomorrow you begin making profit...?

A friend of mine asking me a business idea, and he told me it is a big profit business idea, I'm missing out for not entertaining his advice! He told me everything would be smooth sailing, and very big profit too.

Let's be enterpreneur and make this a mind your own business (MYOB)

I also only want a business that is profitable as soon as I form it legally, register the entity, file for licensing, any paper work, legal business by laws (no selling weeds or explosive).

So the business should be: today I officially launch it, the next day, profit start rolling in, and it would last eternally, the income stream keep coming for the next 999 years, and it would be suffice to self sustain, self reliance include financing every operational cost by itself, and only happy ending. Not a single bad ending.

btw, no selling snake oil. Must have actual product, or service that is consider perishable. Also no to the Elon Musk's infamous tweets "You can sell stock you don't own, short selling is legal only for vestigial reason" bullshit or etc.

I'm not familiar with your country, so I can't speak to how things operate there or how you run your business, but I don't think there's a quick business ensure that you can launch and start making profit right away, no matter how the business you want to start, before you launch it, you need to find a customer who will need the specific product you are about to sell. This will make it easier for you to get customers and sell your products. It is not possible to simply launch a business and hope that customers would come in without first telling them what you are selling. It's likely that you may come across businesses someone is doing around your environment and still doing good, but the profits will not start rolling immediately. Be patient; this may take a few weeks, because i haven't seen any businesses start up quickly and making profits.

What if there's another way to succeed besides customer-first? Consider that many great firms started with products, not customers. Unknown requirements or desires were used to create demand. It's amazing how the mind doesn't realize its wants unless supplied with a solution. This is innovation's core. Entrepreneurs may shape new markets by questioning the standard, right?

Yes, instant profitability is rare, but isn't it possible? Businesses that are unique or necessary might grow quickly. Understanding potential clients' deeper motives and unmet wants is crucial, right? Creating the future can be the best way to forecast it, despite appearances. The human mind adapts quickly to new answers. Wouldn't understanding and guiding consumer behavior be as important as identifying needs?