Managing Business Vs. Starting a Business

[Nomad]

Do you know why a lot of business fail within the first year? Well, the élan that the new business owner has while starting the business dies after a couple of months because he fails to manage the business properly. Starting a business is not a big deal, however, running the business and making it profitable is a hard work. You need knowledge and skills, and you also need a good team.

 

[Grant]

Yeah anyone can start a business by just saying they started one. Well, money helps too. But It comes down to how you manage said business, and how you keep it running. You could also hire a manager to handle the day to day and important stuff if you don't feel like you could run it yourself. There are always alternatives to the traditional ways.