According to you, what should be the ROI for newly launched startups?
I think instead of thinking of an ROI if you are a newbie, think of a way to survive. Doing research always, find the trend, your location, the target of your business that you are building etc. etc.
What I mean when I said survive is that how will you survive in the succeeding years to come. What will you do if something bad happen to your business?
This pandemic really affects the business sector especially the small and the medium ones that they need to stop it because they are losing money. Its a good thing that some are going back again to their usual business and recovering from their past losses. There will and always be negative events and things in business always so better to think of ways to surpass them instead of thinking too much of the ROI. I'm not saying that don't return your investment but don't focus on it.
My views are around 15% per annum but it would take around 6.6 years to earn the initial amount back. Would it be a bad decision?
No it isn't a bad decision at all. Most of the business especially the small ones doesn't last long and if you're business will last for 6.6 years then it will be a successful one. Successful companies right now took years in order for them to be successful. I just remember Alibaba of Jack Ma where it took 14 years before they will become successful.