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Month: March 2024

How to Sell a Business for Maximum Price
Useful articles and resources

How to Sell a Business for Maximum Price

Selling a business is an important stage in the life of any entrepreneur. To get the maximum price for your […]

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Derek Walker 2024-03-07

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Startups are often not profitable in the beginning

Many startups are not profitable in their first few years. Founders invest in product development, marketing and customer acquisition, which often leads to losses. For example, Amazon didn't start turning a profit until 7 years after its launch, despite successful growth and a large customer base.

Startups attract investment even at early stages

Unlike large companies, startups can raise significant funds at very early stages, sometimes even before their product or service reaches the market. Investors evaluate startups based on growth potential and idea, not on current revenues.

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