My Advice is that
When you have started a business for the starting 2 years you should entirely reinvest your profit
It will help your business to expand and grow
So Reinvest your profit for atleast first 2 years
Anonymous 5
Stealth • 11m
All money can't be reinvested. That makes no sense. Ideally only 1/3 of the profit should be reinvested.
0 replies
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Write your 3 priorities?
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So how do you calculate your company’s valuation?
Here’s the simplest way to think about it:
1. Forecast Future Earnings: Start with what your business makes now and apply a growth rate.
Example: Year 1: $100K → Year 2: $120K → Year 3: $144K.
2.
can anyone suggest that I start a business with 1 cr which gives a profit of 3-5 % per month
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Chamarti Sreekar
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Unpopular opinion but I think we should NOT build our business like:
1. Idea
2. Product
3. Audience
Instead we should pursue
1. Idea
2. Audience
3. Product
Building a product is often quite easy compared to building an audience.