SMART OR STUPID
Selling a product that nobody wants.
Answer: Bad business idea
You sell a product for $20, it costs $10
Answer: $10 profit
Customer buys cheapest option
Answer: Price
Low risk example
Answer: Saving or small business
No customers
Answer: Business failure
Starting small before expanding
Answer: Smart decision
You make $100 but spend $120
Answer: Loss
Customer returns because of good service
Answer: Customer loyalty
High risk example
Answer: Investing big or starting new
Bad reputation
Answer: Loss of customers
Borrowing money with no plan to repay
Answer: A bad/risky decision?
Why profit matters
Answer: For business survival/growth
Customer chooses a known brand
Answer: Brand trust
Expanding too quickly
Answer: High risk
Too much competition
Answer: Harder to succeed
Researching your customers before starting
Answer: Smart planning
You lower prices but gain more customers — why?
Answer: Increased demand
Customer leaves after bad experience
Answer: Poor service
Borrowing money to grow
Answer: Risk with potential reward
Poor money management
Answer: Business collapse
Spending all your money on branding but no product
Answer: Poor decision-making
Why cash flow matters more than just profit
Answer: Keeping the business running day-to-day
Why customers matter most
Answer: They control business success
Why taking risks can be good
Answer: Higher profit opportunity?
No planning at all
Answer: Guaranteed failure