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Mike Smith
Mike SmithKnowledge Seeker
Asked: September 19, 2023In: Money & Business

Are there any advantages of patience in business?

I usually see majority of individuals established business today, and just within the range of 1 month they close down the business because they think that the business would not take them anyway, inasmuch as the reason today is good ...Read more

I usually see majority of individuals established business today, and just within the range of 1 month they close down the business because they think that the business would not take them anyway, inasmuch as the reason today is good by business establishment or insufficient capital, I also believe that it is as a result of their lack of patience to wait and see the business grow. Some business ideas are ok and most individuals start their business with small capital and grow it into a big business, but most individuals are so lacking the patients to wait and seeing their business grow through the stages of business growth and development. For a business to grow and develop as a business owner expected, the must first of all be recognised by members of the public, and this may take time. The business also must reach the needs and wants of members of the public through the price and quality of the business goods and services. Anyway so what did you guys think about this?

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  1. Redditcat1
    Redditcat1 Active Contributor Digital marketer
    Added an answer on June 9, 2026 at 11:36 am

    In business today you need patience to succeed if you don't have patience I don't think you can succeed in any business.Do you know why ? because profit come in business very small without patience you won't be able to manage and run a business successfully.

    In business today you need patience to succeed if you don’t have patience I don’t think you can succeed in any business.

    Do you know why ? because profit come in business very small without patience you won’t be able to manage and run a business successfully.

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