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is it normal to loose money when starting a business? how to make the right decision if something is an opportunity or not

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  1. #1

    from my point of view, calculation is very simple

    1) Necessity: provide a service + marketing = Business ( money generates based on the service you provide )

    2) Product: Demand + Niche + Production Cost + Marketing + Time = Business ( Slowly grows up and it depends on you how to protect the growth )

    while spending money, spend money if it is necessary and at least make sure that you get some sort of business from the money you spent.

    make sure that organic growth takes time and it surely gives you business profit + Goodwill. Immediate growth ( by spending more on marketing and ads) will surely give you profit for some time. but not Goodwill.

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    https://www.alux.com

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