Post
Topic
Board Economics
Merits 1 from 1 user
Re: Any business where today you launch, tomorrow you begin making profit...?
by
Charmekkd
on 01/12/2023, 08:04:15 UTC
⭐ Merited by fillippone (1)
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.
In my opinion, building a business now and making money in the future is just a saying or a term. Because just think about what business you can build one day and the next day you can immediately make money. If it's a small scale business, there is. Such as making cakes, chips and/or snacks. Because these goods can be traded directly. But unfortunately this business cannot continue in the long term. Because people will definitely get bored if the trade route is only around their hometown. Maybe if the trade scale was wider, such as between cities, it could definitely be made into a long scale. But here we are talking about the context of a business that is created in one day and can immediately make money. Meanwhile, to be able to create a business on a large scale such as between cities, one day will definitely not be enough to be able to build the business.