Some people underestimate that small businesses can make the enterpreneurs rich. In fact, most tycoons started to be in this situation before becoming the one of the richest people in this world.
Can You Get Rich with a Small Business?
- Thread starter Golden9
- Start date
I know of people that have small businesses but the level of patronage they get is very high. Think of a small food vendor that sells up to half bag of rice a day and a big food shop that struggles to sell 20 cups. Being rich in a business is all about patronage.
Nowadays you can never get rich with a smaller business. However in the olden days people managed this hustle freely. Probably it's because of the higher ongoing inflation and poor financial stabilities among the nations of the world.
I know, but even at that such cases are not much. Big businesses will always have higher turnover because they have more workforce and they provide better services.
Yes, this is true. I believe that success has to do with a strong will and hard work.
Probably, anyone who is interested in succeeding in anything must have the willingness to work hard in order to be successful. Hard work is very important and necessary.
There is always a possibility of becoming rich with a small business as long as you are well dedicated and committed to running your business without giving up when it becomes challenging.
The truth is that most business ventures actually started small. If you have a very good business mindset you'll be able to succeed and expand on the long run.
Exactly. Unfortunately, today people are a bit lazy. They want to make money without making an effort.
Anybody that wants to make money without putting effort will end up wasting his or her time. It will be very difficult for a lazy person to grow a successful business.Exactly. Unfortunately, today people are a bit lazy. They want to make money without making an effort.
That's right. Sometimes lazy people are jealous of rich or successful people. However, these people worked hard in order to make money or achieve success.
It is possible to get rich with a small business if you can manage it and you will embark on marketing campaign.
Definitely, as a small business owner you must try as much as possible to expand the business if you want more profit and get rich. Bigger businesses makes more profit.
While yes it may be challenging to start and grow a smaller business in the current economic climate, but it is not impossible. It is important to have a long term vision and constantly adapt to changes in the market to sustain the growth of our business.
Yeah, the truth is that everybody wants to own a big business in the future. Nobody wants to stay at the same level for ever in the business world.
Have you realized that there are certain businesses that cannot be done on a bigger scale. How would you expand a POS business to become a mega business?
