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mar πŸ‡ΊπŸ‡²πŸ‡¨πŸ‡¦
npub1c7k…qh4c
2024-12-05 16:53:32
in reply to nevent1q…kqtq

mar πŸ‡ΊπŸ‡²πŸ‡¨πŸ‡¦ on Nostr: How much did it cost to start your business and what is your yearly costs to keep it ...

How much did it cost to start your business and what is your yearly costs to keep it running and lost important are you profitable and have you broke even?

You can't start a business without money. Building an app also requires a lot of money and then requires more money to keep the developers hired to keep improving it.

If it's not an online app and a local business instead. Most type of businesses requires a lot of start up money. Plus you will need to pay rent monthly.
Most people don't have that type of money.

So if you've been putting your money into Bitcoin and have a sizeable amount of money to start a business.
What I'm saying is don't take that money and start a business because the economy is bad and real estate will eat up most of your profits plus theft(taxes).

Most businesses fail within 5 years and becoming shorter since the plandemic.

It's better just to keep hodling until the time is right. The time will be right when real estate has massive declines because of Bitcoin.

If you are not making a good decent profit from your business than there's no point.
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npub1c7k2hu076gq62vv9unw9urrt4c4utkce6uatlpq9xhestk8s2xqql8qh4c