Grand opening, Grand closing. Why don't sponsors last?

Allfetish · 2005-12-07, 12:11 PM

I think a lot of it is just like many other businesses: People try to grow way to quickly and they overextend themselves. They get way too optimistic and when revenues are much lower than expected, they fall. Many others would simply call this undercapitalization. I do not however, because it is my belief that in this industry you should be able to profit with a very very small investment. You can't simply throw money at problems and continue taking losses. You must change something. ASAP

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2005-12-07, 12:11 PM	#7
Allfetish If you really need money, you can sell your kidney or even your car Join Date: Mar 2005 Posts: 373	I think a lot of it is just like many other businesses: People try to grow way to quickly and they overextend themselves. They get way too optimistic and when revenues are much lower than expected, they fall. Many others would simply call this undercapitalization. I do not however, because it is my belief that in this industry you should be able to profit with a very very small investment. You can't simply throw money at problems and continue taking losses. You must change something. ASAP