I think one year will be enough to make a business to become renowned, people's business sometimes you did not succeed because the founder of the business have not make an adequate preparation to suit the type of business they are doing.
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One thing is that there is no definite time for a business to become a renowned company or the most renowned companies took a very long time after their starter before they become a renowned and even a global company that has stand the test of time.A new business startup becoming a renowned company will depend largely on the type of business we're talking about and the strategies footed in the business to make it come to that prominent state
Juts like you have mentioned different time frame m, there is no definite time for a start up to grow but if the business was properly planned for, then the business should thrive from six months upward.It could be 6 months but I think a year is long enough for any new company to stand firm. According to what have seen hard work matters and determination is key too , companies grow in 2 to 5 years but with lot of hard work and focus a yer is enough to be big.
Yes I believe you are not the one to determine how renown your company will be, it is the type of services and the type of products you are offering to the people that will determine the popularity of your company , this is just a simple explanation to that.One cannot actually say the time a startup company will become a renowned company there are a lot of things involved before a company can rise to that position. The capital involved to start a business goes a long way in determining how big or huge the company will be and the amount of money that will be used for marketing the company.
If you start a company big the price of your products are likely to be lesser than that of a small company. How you started, the capital you started with and the strategy you used in marketing your business will determine how fast the company will rise.
You're right with what you said because the kind of business you are doing will determine how long it will take, because if you're just selling what anybody is selling then it can take years but when you come with something different then within a short period of time you can be renowned.It depends on the type of business and how saturated and competitive the niche is.
Typically around 3 months to a year. You can use branding to stand out faster from others doin the same thing.
The success of every startup has its barriers. Some actually have their lucky breaks. Depending on the services you are rendering. 1 year should get you somewhere.I would say 6-12 months. It may defer depending on the type of business and industry the business operates. To achieve such height within a short period of time, you must ensure you have a good business plan and appropriate funding.
Is 6-12 Months enough to develop your business as a startup?
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