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How long did it take your new business to generate profit?

eLdavis

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Most business owners or entrepreneurs tend to get worried when their new business startup does not automatically start generating profits for them. How long did it take your business to generate profit for you?
 
There is no specific time for a business to start making profit. If your business is properly targeted, the profit may start immediately. There are a lot of factors that may hinder a business from making profits immediately. Some of the factors include environmental factors, economic downturn, poor marketing strategy, poor quality etc
 
Most business owners or entrepreneurs tend to get worried when their new business startup does not automatically start generating profits for them. How long did it take your business to generate profit for you?

The amount of time it may take may vary. Some businesses may become much more popular and they start generating profits quite quickly. This depends entirely on what kind of business you run and the level of demand of the product is also very important.
 
The amount of time it may take may vary. Some businesses may become much more popular and they start generating profits quite quickly. This depends entirely on what kind of business you run and the level of demand of the product is also very important.
That's very true, i think it also depends on the amount of effort you put in as well. Two persons might start up the same business but one might grow faster than the other simply due to the level of hard work invested in the business.
 
It took me only some days to generate a profit because the mall opens daily so people are coming daily. That was my first risk in my business the profit to recover my capital. Thankful, I made it in some days only.
 
What is important in business is you already started it and awaiting only the profit to recover your capital and other expenses incurred while processing the business. The profit follows after completing your gaol of recovery.
 
That's very true, i think it also depends on the amount of effort you put in as well. Two persons might start up the same business but one might grow faster than the other simply due to the level of hard work invested in the business.

There are many benefits of putting efforts in to your business. Initially, you may think that you are putting a lots of efforts and initially the process may seem quite hard. However, eventually putting a lots of efforts will pay off and this is the good thing about working hard.
 
This is one funny thing I don't like I use to tell people to be patient mostly if they just started their business newly you will need to be patient and not expecting fast profit then another thing is that at that intial stage when your business start generating profit just reinvest it for money
 
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