depends on the risk, big business makes less % but puts up more $$ and i know someone who does exactly that, friend with a pawnshop loan money at 5% but big money and only makes 5% a month on interest to then get only 8% a year in the bank
I get your point, obviously depends on the case. Guess this was just an example how to scale up by changing the product. Eventually it comes down to margins, the pic doesn't tell us how much it costs to squeeze the orange
depends on the risk, big business makes less % but puts up more $$ and i know someone who does exactly that, friend with a pawnshop loan money at 5% but big money and only makes 5% a month on interest to then get only 8% a year in the bank
I get your point, obviously depends on the case. Guess this was just an example how to scale up by changing the product. Eventually it comes down to margins, the pic doesn't tell us how much it costs to squeeze the orange
entrepreneurs get the most out of things and are willing to take risk while bussiness men are just there to buy and sell instantly
Exactly. Buying low, selling high but there's the 'outside of the box' thinking missing that would give them the edge
So true. Only with patience can you be able to go outside the box
Exactly, and then see the bigger picture.
Yeah