RockBell
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August 24, 2023, 12:02:21 PM |
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Business is like solving a problem, seeking what the community needs and wants, and using those opportunities to open a business. One of the major mistakes of the people who would like to start a business is they sell the same product with the other competitor after they know its demand Well nothing wrong with it but does this is needed by the community along with you? That observation can make you rich if you have the risk to deal with it.
True that businesses are meant to fill spaces, not solve problems, but even in the process it will still take time before you start before things start falling in place, and looking at communities and other urban areas there are a lot of social problems that need intervention, and in the process of coming in with the interventions, so many interventions have helped the society and the world generally, and the issue of selling the same and that is why you see majority of business collapsing before a business is established the product and the location should be considered so that even if it is the same product but different location its also not bad.
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OrangeII
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August 24, 2023, 12:18:10 PM |
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Realistically, unless you do something stupid like setting up a money laundering act for crime bosses and corrupt government officials or drug trafficking, you'd never find a way to earn that much money in so little time. When setting up a business, profit comes last. If you don't instill some sort of passion into it you'd find that all you're ever be putting out is half-assed products and services, which will then reflect in your sales and the performance of your company.
So don't go into a business with the mindset of earning money, I know that's counterintuitive but trust me. You head into a business with that kind of mindset and you'd end up losing more than just your capital.
yes, you're right, even when the business you're running actually makes a profit on the first day, it doesn't necessarily happen on the second day and the following days. I once shared my experience with a businessman, trader, and other business people. Many of them say that when we run a business, even though we have done deep enough research, it takes 3 months to really see the market movement of the business. within 1 to 3 months, they use it to find out the advantages and disadvantages of their business. therefore, I say that even if you are lucky today, it may not happen tomorrow. that's how business works.
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Fakhrulenclix
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August 24, 2023, 12:23:01 PM |
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Any business where today you launch, tomorrow you begin making profit...?
A friend of mine asking me a business idea, and he told me it is a big profit business idea, I'm missing out for not entertaining his advice! He told me everything would be smooth sailing, and very big profit too.
Let's be enterpreneur and make this a mind your own business (MYOB)
This business aspect of people are the area where they don't have patients to make proper decision and choices of selection, don't quote me wrongly about my insight towards this but with all humanity there's no business that breaks that principles governing the profits Creation channels. I mean, for a business to start generating profit it should be a business that involves in selling of properties and this is a very risky business that always involved frauds, someone could likely sales off illegal properties which is also involved risk. Before you could accept to invest in his business or the one he is wanting to introduce you, it's always advisable to do a proper research or haven to know how the business are being generating their profits from otherwise scam is inevitable to come after some period of time. Sometimes there are indeed businesses that are trending and are of great interest, but usually it is only for a short time and does not last for a long time. To become an entrepreneur we must have the courage to try but still have to be accompanied by market research according to demand not as long as daring but without a clear plan, and in doing business we must not be prejudiced, the level of risk faced will be in accordance with the possible profits so don't be too it's too much to measure the level of risk, if you don't want to be at risk then don't start a business.
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Eternad
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August 24, 2023, 12:29:51 PM |
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Any business where today you launch, tomorrow you begin making profit...?
It’s not totally business but you be an affiliate seller and get commission per sales. It’s like you have a virtual shop but you sell products from various shop and just get a commission on sales. It’s popular on tiktok shop which you can earn huge profit if you are good on creating video to showcase the product for better sales. You can earn instantly the moment you start if someone purchase on your affiliate shop.
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xSkylarx
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August 24, 2023, 12:32:04 PM |
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Business is like solving a problem, seeking what the community needs and wants, and using those opportunities to open a business. One of the major mistakes of the people who would like to start a business is they sell the same product with the other competitor after they know its demand Well nothing wrong with it but does this is needed by the community along with you? That observation can make you rich if you have the risk to deal with it.
Being able to see what people need is indeed the right way to start a business so that we can get good profits in a business. I think selling the same type of product as competitors is not a problem if we know how to market the goods we sell well, such as we take less profit so that the goods we sell sell quickly and we can make a profit that way. There are many things to observe before starting a business so you can understand the risks before starting. It is really part of the business plan to see if that would be suitable in the area, and if you see that there are tons of customers on it, no matter if there are competitors as there always are, if your business is outstanding compared to others or if you are very unique, your business will still earn profit from it. Just imagine a lot of small stores around you; they are still around even if there are also the same stores with them, but if your store is complete, meaning most of the customer wants are available, you will have an edge over others.
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Obari
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August 24, 2023, 12:42:16 PM |
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Lol This is funny because I see no reason why you should be seeking for such an opportunity, when you already know that living is already risky and this your post is another avenue to invite scammers to your pm and I'm sorry for say that, most times these scammers are very difficult to resist because they always come with the very options you desire and also give you a lot of proves and documentations and it is always very difficult to resists moments like this. Well I don't know of self servicing and maintenance bjt I know that one business you can easily invest in and make profits after the appropriate licensing and launch, you're expected to start making profits as soon as possible
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dezoel
Legendary
Offline
Activity: 2198
Merit: 1081
Leading Crypto Sports Betting & Casino Platform
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August 24, 2023, 01:31:40 PM |
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Technically speaking if you get an order before you start the business then you can. Which is not really possible these days and you would need both luck and also high amounts of network at the right places. It means that 99% of the people on the world will not be able to do it, but there are some who are trying and thinking they can, while not being able to do it at all.
Just to give an example, a friend of mine tried to get into keyboard and mouse business, he made keyboards and mouses and wanted to sell them, but first he made like some prototype examples of it, and tried to get orders first, if someone agreed that they would order lets say 100 or 200 of them, then he would build a business, he couldn't but if he did, he would have a business one day, profit next day.
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Tomohisa
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August 24, 2023, 01:32:33 PM |
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I thought you were joking but look at your replies to everyone's opinion at the first page... yeah you at least put some thought into that. "Start today but rake in profit right at tomorrow" doesnt seem like it was possible for any legitimate business. You could do it at the small scale, niche or something but any more than that, huge revenue then it becomes a headache. For example, a lemonade stand. It requires little in preparing while you can rake in profit right away. But of course, we all knew that it was just for chump money, just 1 stand and a little kid thanks to people found it amusing. You couldn't make it to become your main fishing pole. Or maybe open up an onlyfan account. Nerds and simps will throw the money at you right away as long as you're a 10/10 stacy. But I don't think people want to go that route since you know, society still frown upon it. At a cost of your mentally healthy but if you find it's normal then you'll be fine. Talk about e-girls business, I remember there were a lot of orgs that lording over those e-girls, acting as their management or training them, taking a cut from those girls.
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AGogi2003
Newbie
Offline
Activity: 22
Merit: 2
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August 24, 2023, 05:25:45 PM |
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Am not convinced that what you are saying is feasible, because how can someone create a business today and start making money the next day, when many individuals suffer from losing money while starting a business? Except for all of these online platforms where you will purchase things and be told that you would receive a welcome bonus if you do so. That will return your capital but not your profit, and that platform will not last long because it is all a scammers platform that will defraud you when you invest your money in their platform link.
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SmartGold01
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August 24, 2023, 08:32:54 PM |
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Sometimes there are indeed businesses that are trending and are of great interest, but usually it is only for a short time and does not last for a long time. To become an entrepreneur we must have the courage to try but still have to be accompanied by market research according to demand not as long as daring but without a clear plan, and in doing business we must not be prejudiced, the level of risk faced will be in accordance with the possible profits so don't be too it's too much to measure the level of risk, if you don't want to be at risk then don't start a business.
Risk in a business or in any business are inevitable which are mostly associated with the lost of funds and misplacement of goods, products. There are some businesses that possess a higher level of risk for example, trading of Binary with my little research are solely high and the volatility of it can't be quantified with other business. That is why today for someone to venture into any business you must also signed the risking aspect of it otherwise when it happens you feels like never to involved yourself in such kind of business.
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Sanitough
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August 24, 2023, 09:10:52 PM |
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There’s no type business that exist like that except for a monkey business. Even professionals in business still lose probably because of the tight competition in the market, or simply because their business do not work on its location and the people around. So there’s a lot of risks involved in running a business that you can’t simply guarantee that you will be in profits the next day. However, if it’s like a bitcoin business or investment, for sure it will work if you invest it for long term. But it will take years before you will experience its real profits.
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lalabotax
Full Member
Offline
Activity: 1582
Merit: 132
BK8 - Most Trusted Gambling Platform
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August 24, 2023, 09:14:47 PM |
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A friend of mine asking me a business idea, and he told me it is a big profit business idea, I'm missing out for not entertaining his advice! He told me everything would be smooth sailing, and very big profit too.
Wow, it's such very interesting and promising.. Maybe if a scammer or hackers started their business haha just kidding. But I'm also curious what business it is, if it starts today and tomorrow can get big profits? Is it a drug dealer or a bookie? Because, if business was normal, then it wouldn't be as smooth as it was talked about. There are many obstacles to be sure. Even though it is a big business run by a big company, they will still need enough time to make their new business run well and consistently generate profits.
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Vaculin
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August 24, 2023, 09:38:04 PM |
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Realistically, unless you do something stupid like setting up a money laundering act for crime bosses and corrupt government officials or drug trafficking, you'd never find a way to earn that much money in so little time. When setting up a business, profit comes last. If you don't instill some sort of passion into it you'd find that all you're ever be putting out is half-assed products and services, which will then reflect in your sales and the performance of your company.
So don't go into a business with the mindset of earning money, I know that's counterintuitive but trust me. You head into a business with that kind of mindset and you'd end up losing more than just your capital.
Business is not just all about profiting but it’s also a bargain of knowledge and skills, and the passion that you put into it. Without them, surely any business will never grow and therefore no visible profits at all. That’s why if you plan to run a business, it’s not just the capital or the amount of profits that you’ll prioritize thinking, but rather it’s on how you strategize your business so it will stay competitive and take an edge in the market. Business with passion is even more ideal than building a business just for pure profits.
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Bushdark
Sr. Member
Offline
Activity: 1050
Merit: 262
Vave.com - Crypto Casino
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August 24, 2023, 10:03:23 PM |
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There’s no type business that exist like that except for a monkey business. Even professionals in business still lose probably because of the tight competition in the market, or simply because their business do not work on its location and the people around. So there’s a lot of risks involved in running a business that you can’t simply guarantee that you will be in profits the next day. However, if it’s like a bitcoin business or investment, for sure it will work if you invest it for long term. But it will take years before you will experience its real profits.
I am still very confused what op means by today you launch a project and tomorrow you begin to earn profits from the business. This kind of business might not be in existence and also, we don't know what op means by tomorrow you start earning profits. Business is something we build with tme nit something that we just do and start making profits from it without any promotion or advertisement. Maybe if we are talking about scam projects then I think op can see something related to that but scamming is something we don't need to even thought about.
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dunfida
Legendary
Offline
Activity: 3262
Merit: 1158
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August 24, 2023, 10:35:26 PM |
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Realistically, unless you do something stupid like setting up a money laundering act for crime bosses and corrupt government officials or drug trafficking, you'd never find a way to earn that much money in so little time. When setting up a business, profit comes last. If you don't instill some sort of passion into it you'd find that all you're ever be putting out is half-assed products and services, which will then reflect in your sales and the performance of your company.
So don't go into a business with the mindset of earning money, I know that's counterintuitive but trust me. You head into a business with that kind of mindset and you'd end up losing more than just your capital.
Business is not just all about profiting but it’s also a bargain of knowledge and skills, and the passion that you put into it. Without them, surely any business will never grow and therefore no visible profits at all. That’s why if you plan to run a business, it’s not just the capital or the amount of profits that you’ll prioritize thinking, but rather it’s on how you strategize your business so it will stay competitive and take an edge in the market. Business with passion is even more ideal than building a business just for pure profits. You'll soon able to realize on what are the things that you do need to improve and what are the things that you would be needing to avoid for you to be able to make yourself that sustainable on the business or investment you are dealing on with. Its true that business isnt really talking about profits but rather it would really be composing off with those things that you have said or mentioned above which i do definitely agree with.It isnt really just only running with a single recipe or factor which it would be bringing out success into this field. You should really be having the passion and interest plus having that kind of behavior on which you do continue to grow and make out that kind of progressive in terms of offering or whatever things that you do need to give out. This isnt something that you do put simply some capital and then expect for sure profits. Yes, you might be able to gain up money on the first day but come to think that we do have that capital which it would really be taking up some time before we do able to reach the ROI which this one matter the most.
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Smartvirus
Legendary
Offline
Activity: 1610
Merit: 1151
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August 24, 2023, 11:00:21 PM |
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So the business should be: today I officially launch it, the next day, profit start rolling in, and it would last eternally, the income stream keep coming for the next 999 years, and it would be suffice to self sustain, self reliance include financing every operational cost by itself, and only happy ending. Not a single bad ending.
It’s an all over the place and nowhere story, didn’t have a soft landing on this. You want a business that makes no loses and just profits right from its launch? You must have suffered severe lose and don’t want no more but, the reality of things is that, there is always going to be loses. That’s business for you and worst still, you’re looking out for a new business. This means, you’re inexperienced at it and would be learning everything about it as new, you can’t hope to be perfect in a new world where you game with profit and lose. Even the business is out there to get you, your customers and competition. You would be better of understanding that, there are loses in and to business and that way, you could find means to avoid them or not get a lot of loses in course of running the business. It’s the most you could do but, there would be loses.
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xSkylarx
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August 25, 2023, 01:24:18 AM |
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There’s no type business that exist like that except for a monkey business. Even professionals in business still lose probably because of the tight competition in the market, or simply because their business do not work on its location and the people around. So there’s a lot of risks involved in running a business that you can’t simply guarantee that you will be in profits the next day. However, if it’s like a bitcoin business or investment, for sure it will work if you invest it for long term. But it will take years before you will experience its real profits.
I am still very confused what op means by today you launch a project and tomorrow you begin to earn profits from the business. This kind of business might not be in existence and also, we don't know what op means by tomorrow you start earning profits. Business is something we build with tme nit something that we just do and start making profits from it without any promotion or advertisement. Maybe if we are talking about scam projects then I think op can see something related to that but scamming is something we don't need to even thought about. Even the buy and sell of products or cars takes time unless you are just selling one shirt that you've purchased today and you can sell it off by tomorrow, which is called business but only for small businesses. Right now, it is not possible to earn immediately if you've just set it up today, and again, this is why we are always in haste. I mean, earning profit or money takes time, so let's just take it slowly because if not, it will become a failure.
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Broly46 (OP)
Full Member
Offline
Activity: 1554
Merit: 116
0xe25ce19226C3CE65204570dB8D6c6DB1E9Df74AC
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August 25, 2023, 08:37:27 AM |
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...mindset where you can take a loss and walk it off...
...that sound exactly like a perfect breadwinner mindset. However you must know there is no boundary on how much loss to make, up to millions, billions, or trillions dollar of loss, it all depend on how far can you handles the loss without getting emotionally breakdown and going berserk. Is it worth it to torture yourselves to the extreme? ...There is a process that everything follows...
born rich and ultra rich has no such process to follows, or they don't have the need to follow. Talk about god making the rules. ...If this helps, let me know.
That sound very typical from a textbook lesson, it is sadly unhelpful, because a business based on it is destined to be disaster that would end in tears. ...weirdo. Your topics are odd.
lol ...is the food business...
Food is perishable goods. I insisted on perishable good like a religion. It is highly important all products and services to be made perishable! Unlike a derivative market, a short selling share is non perishable good it can be held for 999 years until the end of the world... which is a cheat code and glitch on the system, a glitch like this can cause a systemic consequence, a fatal error to the system, in real life an error like this is unimaginable. I also suggest laws should be made perishable, so that it won't protect the bad actors for 999 years. ...The food business has a huge margin of profit and it could be long-lasting...
I think fast food and "slow" food should not be confused. May be the fast food you try to convey is the one that has high margin, as we know fast food are fast, and often made with inferior ingredients. ... get big profits. Everyone definitely wants that...
Don't reject such generous treats, yup, everybody get jealous on rich guy, often fantasizing achieving rich and successful and high social status. ...starting from 0, it won't be easy...
Well, we are gonna make it harder for you to not make it. How we can screw up your plan?? That is plenty of think about. Obviously a house must has 999 tricks can make sure house can never loss. ...it could be a franchise...it will be easier to earn profits...
If franchise is easier, then we would make sure it would be a living hell for you to run franchise.
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Self hating nerd that want to escape from reality into the cyberpunk.
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tjtonmoy
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August 25, 2023, 12:50:21 PM |
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...mindset where you can take a loss and walk it off...
...that sound exactly like a perfect breadwinner mindset. However, you must know there is no boundary on how much loss to make, up to millions, billions, or trillions dollar of loss, it all depend on how far can you handle the loss without getting emotionally breakdown and going berserk. Is it worth it to torture yourselves to the extreme? What kind of dream world are you living in? Nothing is going to happen on its own. If you want to make something happen, you have to do it yourself. And yeah, there's a limit on how much you can lose because you put the limit on it. If you are unable to do so, you are not worthy of running a business. And why stick to one business when you can focus on something else if the first one is not working out? I don't get your point! Why would anyone spend billions and trillions just to lose it all? If they are loosing after investing all that money, they are not made for business. You should know your limit. Also, the limit of your starting business. How much loss is worth it unless it's a flop. Firstly, this whole topic is BS. So I guess saying anything that makes sense would be worthless.
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GigaBit
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August 25, 2023, 02:20:59 PM |
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Business is a reliable means of earning money. But establishing this business is very difficult. In business there is an expectation of profit at the same time the possibility of loss is very high if not managed properly. Moreover, any business needs time to get established. Who think of profiting from the day after starting business must have ulterior motives. Especially those who operate Ponzi scheme businesses will only invest profitably and at some causes they will run away with the money. An entrepreneur has to invest both time and money if he is interested in building a reliable business. Every business is challenging so there is no guarantee of profit.
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