Most businesses fail in the first couple of years. It’s just so hard to run a profitable business in the current climate so I am full of respect for anybody who is able to do so. It takes a lot of risk, but if you can be successful then I can envisage it being so rewarding.
Most businesses that collapse just couple of years after start were not planned based on long term and continuous growth, they were planned based on the current market without much regard to the future and that is why they usually collapse when the market have just a little twist.
Running a profitable business requires a lot of knowledge, capital, consistency, and patience because before getting to the point where the business will be profitable, it will come with a lot of challenges that will make you question your ability to manage the business successfully.
People who run successful businesses have a lot of difficulty on their way before they get to make the idea a reality but they patiently and consistently overcome their obstacles.
Doing business is not easy because everyone has not that kind of nurchring and everyone is not capable to do business. Most of the people want to spend life like cow who is spending life by covering distance. Most of the people in our society have that kind of mindset and that is because they learnt from their parents who always say , take a degree, get a job and save money but that is not good statement if you have big idea in your mind but always big people have big vision.There are thousands of people in our country who thought to be successful businessman and now they are rich people and they are spending life without any pressure because they achieved their goals of life .