Quote from: DanWalker on August 01, 2025, 03:05:19 AM

Quote from: ancafe on August 01, 2025, 02:07:15 AM

I prefer building a business for the long term rather than achieving short-term success because businesses that grow quickly also experience setbacks quickly. Capital is indeed a crucial factor in determining the steps we take to develop a business, but that doesn't mean having little capital means you can't start. To build a business with small capital, we must be able to see opportunities and how the business can become a necessity for most people.

The growth rate and longevity of your business depends on your planning, strategy and management skills. Fast growing businesses are those that make the right decisions from the start, so it would be incorrect to say that if a business grows fast it will also fail fast.

Also, you can start a business with a small capital but the chances of success will be lower than when you have a large capital no matter how perfect your vision and plan are. Because between theory and practice, between saying and doing, there is a huge gap. Things don't always turn out the way we think.

Another thing that plays a significant role in the growth of a business is the location where the business operates. If it is in an area with a low population rate, it might influence the growth of the business.

Additionally, if the location is inhabited by very poor people, it can also affect the business's growth. That is why, when planning a business, it is important to carefully consider whether the location is suitable and if the type of business you want to pursue aligns with what the local population truly needs for daily use. Other factors that also influence the growth of the business need to be considered as well.