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“It takes 5-7 years to build a solid profitable business” how true is this statement for you and your business? (alien.top)

submitted 10 months ago by Muted_Birthday3402@alien.top to c/entrepreneur@indiehackers.space

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[–] PapaBash@alien.top 1 points 10 months ago (1 children)

You can do it much faster. However the quicker you rise to profitability the less stable your foundation is and the deadlier are any changes to the market. In my example I went from nothing to purchasing 500k in goods within roughly 6 months. When the Ukrainewar played with the electricity prices the company exploded though. There was no foundation to keep it afloat until you pivot.

[–] Rational_Philosophy@alien.top 1 points 10 months ago

However the quicker you rise to profitability the less stable your foundation is and the deadlier are any changes to the market.

This is 100% correct and an absolutely valid correlation that can't be overstated IMHO.