Re: Planning on starting any business?

People act like they're having successful business. Cheesy

In business there are many thing come from the outside, usually those thing aren't in your plan. Like, what if someone destroy your business, what if someone is washing other people brain to not use your product/service etc.

How to solve that? that depends on case by case, usually you know the solution after you're experienced in business.

Business is about adaptation, not preparation.

For this reason, it's never advisable to venture into areas where you don't have the necessary experience and skills to manage and navigate with their complexities. Even in the cryptocurrency space, investing isn't as easy as some might think, as it requires technical knowledge and minimal experience in asset management and network security, and, most importantly, understanding the differences between different networks on the nlockchain.

Exactly, venturing to something that you don't have any idea is something like throwing punches into the wind, there's no clear directions and just hoping that luck will bring something decent to attain success, it's better and always be a must to have that knowledge and skills before entering into any investment or business that you plan to have, it saves your butt in losing and wasting your resources.

Many new investors are naive enough to assume that if an investment is profitable for someone else, it can also be profitable for them. They think it's that simple. This is usually the case with businesses or investments in valuable assets. Even these investments, which may seem intuitive and don't require a lot of experience or knowledge, require a minimum of experience in the field before venturing into a must do experimental stage.

And thats the the main problem for most individuals who have decided to take up some business on which if they do see others been that successful then they would be assuming it would be on the same result or outcome on which we know that there would be tons of factors on which it would be that affecting out overall success when dealing up with it. Building up a business and becomes profitable might sounds easy but its not at the moment that you do the actual thing. There would be tons of considerations and actions on which you would be needing up to take for you to be able to handle up well the business and lead it out on the right way. You are the ones will be assessing on what are the things that you would be needing up to do in order for you to succeed on on which this isnt some guaranteed thing but its always be ideal that you should be doing your very best for you to be able to achieve out such success. Come to think that even molding up that business idea is already a tough challenge. How much more on trying out to make it realize or running?