Allow Yourself Sufficient Time to Establish Your Business (3)
When I asked them how many of these things they believed they could make in a day, they hadn’t really worked it out. By my own calculations, I estimated that even if the whole universe conspired to help them on their way, together with Lady Luck shining on them, the most they could possibly manage [...]
Allow Yourself Sufficient Time to Establish Your Business (2)
So make sure you allow yourself sufficient time to grow your business to a profitable stage. I met someone recently who told me that they were about to open up their own shop selling something that I believe is already available, indeed is over-supplied on the high street.
Allow Yourself Sufficient Time to Establish Your Business
As I said earlier, in my case it took us three whole years before we really saw our Dutch bike shop take off. Although we enjoyed a relatively high level of sales during this time, our start-up costs (including rent, rates, and so on) ate into any potential profit.