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Re: benosufan post# 29662

Thursday, 09/22/2016 3:40:50 PM

Thursday, September 22, 2016 3:40:50 PM

Post# of 31651
Talking in generalization here....I think most people think when a company or business comes into existence, they instantly should be making money, and turning a profit. This rarely happens, less than 1% of the time.

It takes time to convert liabilities into assets. It takes time to learn, improve, and become more efficient in any business practice you take part in. It takes time to find quality employees, retain those employees, and build trusting relationships with those employees. It takes time to learn what is a necessity, or what is excess waste. The list goes on, but in the end, its time. This all takes time.

Building that solid foundation in the first 1-5 years of a businesses life is crucial for their long term sustainability.

The convertibles, yeah they suck, and everyone should keep an eye on how these are handled going forward. The liabilities and expenses, standard.

All IMO