Post
Topic
Board Economics
Re: Planning on starting any business?
by
Lanatsa
on 13/06/2025, 19:34:03 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.
When building up a business then it isnt something a path that you can easily be able to achieve success or something that you would be able to make yourself that ending up on being so sure that you can be successful or your business will be that going big. Everything wont just be that set and forget kind of set up when doing up a business on which of course you would be needing up to become attentive in all things specially when it comes to planning and executing those actions for you to be able to run off the business but expect that challenges and problems could be encountered along the way on which this is indeed typical. If you arent that someone whose that firm when it comes to facing up challenges then you would be that easily panic and would be that having that kind of confusion on how you would be dealing up with things accordingly. We do know that business or investment is the only way that we can make our financial status to be changed up and thats why taking step forward will be that perfect opportunity.

The only problem would be that experienced is on how you would be able to start up plus having the capital that you would be making use at the time that you have decided on running up a business on which of course we do know that this isnt something that you can be able to assure whether you can be able to provide or you would be able to intact once you do need it. There are those people who can be able to bare up with the risks and there are ones who doesnt want to touch up business or any risky things just because they dont want to lose money which is normal but of course you can expect that there's nothing gonna happen if you do have this kind of mentality.