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Old 08-09-2005   #1
JR
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Default Re: Initial cost of starting a PPS program?

Quote:
Originally Posted by xenigo
I need to ask how much because if I don't, I'd be a fool. Any smart businessman knows the costs associated with doing business, forwards and backwards.

I've got a program right now but it's flawed in some critical ways. I'm in the process of revising my plan so it will be successful.
you are looking at things backwards in my opinion. you are trying to figure things out based on what you might make, potential income and revenue, expenses and so on. thats a very naive approach to business. you should be asking the first and most important question. you should be asking yourself is "how much money am i willing to lose and how fast would i burn through WHEN everything goes wrong"... and then work forward from there and see if it makes any sense at all.

jmho.
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