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What is the main objective or reason of doing business?
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[QUOTE="moonchild, post: 213711, member: 57467"] The main reason for starting a business is to make money, any business that has other reasons apart from these is on its way to failure. Business is simply the act of providing value or solutions to people's problem with the end result of making money out of it, so if you can provide a value wrapped as a Solution then money will surely exchange hands. This is a very good concept to understand for aspiring entrepreneurs like myself and others, don't get loss in the herd mentality without understanding the reason you start a business, for example if you look at Facebook, they offer a service of connecting you with others I don't know maybe friends or family or people you share the same interest with, this is a value they offering you and in return they'll show you ads and they'll get paid by the owners of those ads. This is a typical business cycle, you offer a value you receive value in return because money itself is value, if I post quality contents on this site the Admin will reward me with money(value). Your reason to start a business should be a calculation of the value you'll earn in proportion to the kind of value you'll offer. I hope this is clear. [/QUOTE]
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What is the main objective or reason of doing business?
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