Economic Activity | Business | Steem Entrepreneurs

Every business requires time and money to succeed

It's a common misconception that you can earn money without investing anything. The truth is, every business requires an initial investment, whether it's time, money, or effort. And even after investing, it takes time for the business to generate profits - at least 6-7 months.



You're spot on when you say that simply keeping money at home and expecting it to multiply on its own is not a viable strategy. To earn a profit, one needs to take the first step and start a business or invest in a venture.

How i become successfully

To run a successful business, you need a lot of motivation. I get my motivation by regularly reviewing my profit margin. I remember when I first started my business, I had no skills and it ultimately failed.

However, I learned from that experience and went on to work as a salesman in someone else's shop, where I developed valuable communication skills.

My first business was a grocery store, and I worked incredibly hard, often putting in 12 to 14 hours a day. While it was challenging and sometimes frustrating, I eventually realized that I was making a mistake by trying to do everything myself.

So, I decided to hire some workers, which allowed me to focus on growing my business and investing in new ventures. And, by the grace of Allah, I became successful.

Conclusion

I would like to tell everyone one thing: the notion that the more you work hard, the more you get is a bit wrong. I think that working hard while also working smart is a great approach. All new entrepreneurs are often just working hard; they do not consider working smart. So, if you have money and want to invest in a business, hire a professional salesman if you don't know how to handle things.

In the end, I would like to say that business is not easy, and investing in business is even riskier than cryptocurrency, I guess. Haha!

So, I would say, work smart!

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