It is worthy to state here that business is not magical and it is not a ponzi or get-quick-rich scheme. When a farmer plants his seeds for example, it will be insane of him to expect to harvest them that same day. However, many people that go into business expect immediate returns and it has disappointed their expectations. Business, just like the scenario of the farmer I gave, should be mixed with patience.
At the initial stage of business, it will look like it is only input that is being done but in the long run, the outputs will begin to show. The level of input in your business is what will tell the level of your output. For each type of business you want to go into, there is a different maturity level before you will start making noticeable profits. For example, someone going into roadside reseller business may begin to draw profits before someone going into a car manufacturing business but when the person going into car manufacturing business starts making profits, it will supersede the former.
You cannot go into a long term business plan (like the car manufacturing) and expect to start making profits the next day. This is where patience comes into play. Just to let you know; patience does not mean to waste one's time but it is an act of maturity to wait for the maturity period before drawing profits. If you harvest yam before its due season, you will not only kill the yam but you have destroyed your future harvest.
One of the major undoings of many people in business is the over-inflated expectations of quick profit. One thing you need to do when going into business is to have an adequate plan on ground and that includes the maturity period of the business. To maximize profit, you can also run a complementary business that will sustain you until the maturity of the main business - Just like a farmer who plants cash crops (like cocoa) can plant maize intermittently to sustain him until the cocoa matures.
While applying patience, you should be doing other things so that the long period of time will not be wasted. One thing with patience is; it is not gifted, you have to make it as a choice. It is either you bear the little discomfort of patience or you bear the bigger and weightier loss that will arise from lack of patience.
Each time you begin to run out of patience, just take a reflection of how far you have gone and you will realize that you have made a considerable progress. At the end, the patience will pay off positively.
Thanks for reading
