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“Sometimes a business has to lose money in its infancy. But that's only okay if there's a path to profitability and a clear vision of a profitable business model. A loss is only acceptable if it's a present investment into future profit.” — Hendrith Vanlon Smith Jr, CEO of Mayflower-Plymouth
Sometimes a business has to lose money in its infancy. But that's only okay if there's a path to profitability and a clear vision of a profitable business model. A loss is only acceptable if it's a present investment into future profit.