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This reminds me of some casinos (perhaps not the more sophisticated ones though), where playing certain games had a higher chance of success - if you had enough
by mikeleeorg 15y ago
This reminds me of some casinos (perhaps not the more sophisticated ones though), where playing certain games had a higher chance of success - if you had enough of a bankroll and staying power to last.
I like the underlying premise of how businesses take time to succeed. The timing varies significantly with the type of business though. For restaurants, I've often heard "5 years" as the tipping point. For certain kinds of web-based businesses, it can be shorter. And for capital-intensive businesses, perhaps much, much longer.
But basically, you need enough of a bankroll and staying power to last.