Post
Topic
Board Economics
Re: Planning on starting any business?
by
purple_sparkles
on 13/06/2025, 10:33:04 UTC
I think that’s the nature of any business, the first months and years will be prone to losses but after you have mastered running it, you develop the momentum to keep it going by improving your management with your business.

You need patience to create experience, and when you gained reliable experiences, that’s the time that you feel the comfort and confidence on running your own business until you achieve success and profitability. That’s everyone’s goal for any business.
It shouldn’t be like that, a new business, cannot operate at a loss for several years. You simply won’t be able to endure such prolonged losses. Maybe it can happen during the first few months, including marketing expenses and other startup costs. But it should only last for those first few months. After that you need to start making a profit otherwise, you won’t be able to cover your costs, and you’ll realize there’s no point in continuing with this business.

Any business must start generating profit from the very beginning. Only after the first six months when you reach more or less stable profitability and already see how long it will take you to pay back your investment. But losses lasting several years will definitely doom any business to failure.

Perhaps only if rich people start a small business, it will generate profit from the very beginning. All other form of business start operating with losses and no profit. Or a business that is hobby or someone doing something rarely and for fun will operate with profit. Working as an individual entrepreneur, selling your own service - that allows to work with profit from the start. All other businesses start with loans, credits and start giving profit after several years.

I think resellers business operate successfully with losses for years. All you need is a money in turnover to make purchases. "Take money/pay money minus own salary" is basics of such business and endless being in a loss stage.

Starting a business is always stressful because it comes with fear of the unknown and stepping into something new. But it is important to remember that it is through these challenges that we grow, build resilience, and develop our inner strength. Skills do not appear overnight; they are built through repetition, experience, and a willingness to learn from each attempt. Personally, I would not start any business with large investments — if only because I do not have that kind of money. But beyond that, I genuinely believe that everything should be tested with minimal investment. That is the only way to realistically assess an idea, see if it works, and understand its true potential. If the business starts generating profit and there is visible room for growth, it is definitely worth developing further and eventually seeking investment for scaling. But if there is no profit and no signs of future potential, I do not think it makes sense to wait for years hoping something will change.