ANYONE HAS RUN A BUSINESS

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afisoone
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ANYONE HAS RUN A BUSINESS

Post by afisoone »

If you do walaahi you are real man or real women. I have started small investment business. Now in my second week. Now it is very stressful. One day you make $100 the next day you are trying to make up your loss of 50 dollar here and there.

The say said every year 100 small business run out of cash. I run to surah yusuf so that Allah may be protect me.

It really stops my free time to share my old career skills such web development iyo computer gaming....

Now I am looking to go back my industrial job to keep up the expenses if by July 1, 2015 did not settle out my net income to pay my bills.

Now Every business owner I will hold a great respect because they have patients.

Even though my money is working for me 24 hours a day I did not sleep last 24 hours worrying to lose all of them. :D

That where I was busy with... Isoo duceeya ninkii qeyr lajecel walaalkiin saciid afisoone...

if it 2 months now get settle it down these little investment. I am good to go that means my income is growing bolder and even bolder...
I have the skills, I only need the luck and Allah....

Anyone had same experience as I do... Please share with me so I can know I am not the only one...
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EvolSyawla
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Re: ANYONE HAS RUN A BUSINESS

Post by EvolSyawla »

I absolutely feel your pain walaal..

This is precisely why you don't go in without enough capital. I heard the rule of thumb is about 2 years of rent/static expenses and other important capital saved before you begin. That way, during months when you are at a net loss, you won't loose too much sleep.

I know it's still early, but by the 6 month mark, you will discover what are the expenses you can easily cut back on/cut out. Do that. It's important. Reevaluate every 6 months.


Don't count every penny either, or you will freak out when you are hitting lows after peaks lol, just monitor that your peaks give you enough returns over the losses.

Follow your trends, not daily fluctuations. I know it's difficult not to at first, but walahi you will go mad and depress yourself before you begin making actual profits.

Also most important thing, is to be smart. If you spend more time 'making up' 50's for every 100 you loose, you should reevaluate your business strategy - but ONLY after minimum 6 months, you don't know if you were on your way to success. And don't change your strategy completely, again, you need to use your insight, instincts and knowledge of the field (and profits!) to see if you are heading in the right direction.

Good luck!! Patience and faith in Allah's guidance!!

Good business returns don't start for a few years, some industries you don't even make a profit till after year 5 - depends on your industry of course.
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WaaliCas
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Re: ANYONE HAS RUN A BUSINESS

Post by WaaliCas »

Warya Afisone,

Your cool guy and I like how you try to inspire the nomads by sharing your skills.

I wish you ever success.

Keep going even after you hit bedrock, you still have to sluice the material and purify it. Don't give up nor celebrate yet.

What sort of biz btw? Day trading?
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afisoone
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Re: ANYONE HAS RUN A BUSINESS

Post by afisoone »

Thank you for advices. I appreciate it.
Advo
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Re: ANYONE HAS RUN A BUSINESS

Post by Advo »

I'm starting my own business soon, it doesn't require my presence except for occasions. Im definitely gonna be working at another job until I start receiving real income from it.
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