When you are into business, always plan on investing less and gaining more profit. By investing huge capital and dreaming of higher gains sometimes backfires as most of the time you will also have the reserve amount to save you from loss occurring due to business. It is always better to plan your strategy to succeed in business as without proper planning, it is very very difficult to survive in this competitive world now.
Having a cushion of huge capital may be essential for big business, but dangerous when getting into small business or even medium business. As most of the time when having more capital, you will not put more effort even if you face loss in business just because you will be thinking of the extra amount you have in reserve which is more than enough to overcome the loss. As the saying goes-"Winners never quit and quitters never win", you should never stop winning the race even if you face loss in that as it is quite common that people quit their business when in loss and think of getting into new business which might suit them better. These people never take it in other way that they have already lost something and even if they start a new business investing more money, they will be starting with negative balance as previous loss will have to be covered first. Instead, put more effort into the same business where you are facing loss and try to recover the loss and it may take sometime, but it is worth the effort for sure.
Once your business is well set after working hard for a pretty long time, profits do flow in at a steady rate and then onwards you don't have to work hard as your work will be only to maintain the standard you kept in your business. Don't let the standard to drop in as it might have taken too long time to set this standard which is really hard to achieve again once it is lost. So plan your strategy in advance and go accordingly at a steady rate by working hard to meet the goal. As there is heavy competition in all fields these days, it is not at all easy to survive unless you put in more effort with that much determination and more than anything you should also be very disciplined in your efforts here
You can also view this here:
http://expertscolumn.com/content/invest-less-and-earn-more
http://www.wikinut.com/how-to-invest-less-and-earn-more/1oudnl4b/5ejaxbbv/
Having a cushion of huge capital may be essential for big business, but dangerous when getting into small business or even medium business. As most of the time when having more capital, you will not put more effort even if you face loss in business just because you will be thinking of the extra amount you have in reserve which is more than enough to overcome the loss. As the saying goes-"Winners never quit and quitters never win", you should never stop winning the race even if you face loss in that as it is quite common that people quit their business when in loss and think of getting into new business which might suit them better. These people never take it in other way that they have already lost something and even if they start a new business investing more money, they will be starting with negative balance as previous loss will have to be covered first. Instead, put more effort into the same business where you are facing loss and try to recover the loss and it may take sometime, but it is worth the effort for sure.
Once your business is well set after working hard for a pretty long time, profits do flow in at a steady rate and then onwards you don't have to work hard as your work will be only to maintain the standard you kept in your business. Don't let the standard to drop in as it might have taken too long time to set this standard which is really hard to achieve again once it is lost. So plan your strategy in advance and go accordingly at a steady rate by working hard to meet the goal. As there is heavy competition in all fields these days, it is not at all easy to survive unless you put in more effort with that much determination and more than anything you should also be very disciplined in your efforts here
You can also view this here:
http://expertscolumn.com/content/invest-less-and-earn-more
http://www.wikinut.com/how-to-invest-less-and-earn-more/1oudnl4b/5ejaxbbv/
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