So around last year I was on a forum which allows people to ask and discuss business ideas or opinions concerning their business ,so a particular user asked a question in his own words " what business can give me 100% profit on my capital every month " ?? Then he went ahead to state that his or her capital is ten thousand dollars ( $10000 )..
He got alot of mixed response from different people with their own opinion concerning his or her question , some people felt his or her expectations were unrealistic in a business sense , some said he was greedy for him to be seeking 100% profit on his capital every month , some felt that yeah he can achieve that but he needs to increase his or her capital..
There were various arguments concerning the topic , now in your own opinion, do you think that the person is greedy, or you think his aim is not a bad one?? Or you think he needs to increase his or her capital? Or you think that he is not been realistic??I would like to know what you think.
As for me I think there could be business or businesses that can give him that kind of profit but I still consider it to be an unrealistic expectations from him..
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The simplest way this could work is in retail. He can find a product that he could buy at X and sell it for 2X. If he can sell all the product in the month, he can generate $20K on $10K. Of course, there will be other expenses and taxes.
Whatever business that can double your capital every month will require a ton of hustle or preparation. Other than DeFi, there aren't many such opportunities that don't already have somebody doing it. Any such opportunity is sure to attract competitors, which will drive down the price.
Posted Using LeoFinance Beta
Valid point you have there..thanks for stopping by.
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