"Don't Expect To Make Any Money In Your First Year Of Business" | Millionaire Advice
Channel: Unemployable Clips
Date: 21/03/2024

When you start from 0 for growth in business, you won’t be making money in the early days. This is real business, not the glamorised business that is shown on social media. 

When you see these numbers coming from these businesses, what is the actual profit from that business? In reality the profit from these businesses might be around 10-15%, so the likelihood of starting a business in one year and then buying lamborghinis and nice things is not the case. 

Our hosts Adam and Eric also talk about holding out before making big purchases, to allow for capital growth and this idea is something that should resonate with up and coming entrepreneurs.

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