How long does it take for a startup to become a renowned company?

[Ononivami1]

The time that it will take the small businesses to become a renowned businesses is the success rate. If you are very successful in your business, it will become a renowned company very fast.

 

[LadAckerman]

Most small businesses take at least 2 to 3 years to be profitable and become truly successful once they’ve hit the 7 to 10 year mark. Most small businesses take years to be successful, despite the overnight success of companies like Facebook. Statistics show that successful small businesses are built over years, not months, according to Forbes.

 

[Ononivami1]

The time taken for the startup to become a renowned business depends on the management of the business. If the business is managed by capable hands, then it wil achieve this quickly.

 

[Syldan]

Actually the success of a business most often depends on the kind of business you are running. thete are some of the business that may takes alot of time or years before the business will experience growth and development.

 

[Shigobad20201]

For a start up becoming a renowned company , you need some time before you are being known globally and it also depends on the type of business you are doing .

 

[Ononivami1]

With a very good management and functional policies in place, it will not take a small business to become a renowned or well recognised company. This point is very important.

It is very correct that if the small businesses as a functional and working policies, it will be very great to make lots of improvements in a very limited time because the company will grow very fast.

 

[Sincerem]

it all depend on the effort you put in on how you be able to generate the traffic, without adequate traffic I think it will take you up to six to one year before you be able to start generating real human traffic.

The success of every business is very dependant on the amount of traffic you can generate for your business, as traffic is where your sales or patronage would be coming from so you can make profit.

 

[Shigobad20201]

Depending on the business you are doing for a living , there are some business that needed a lot of time in order to get established and become a renowned company.

 

[Syldan]

Actually it can not be predicted how long for a start up to be renowned business though sometimes it depends on the effort and performance of the management some management are very slow and lazy in decision making.

 

[zelalem]

The time depends on the company. When it comes to a reputable company, you can't compare company A to company B. One thing I do know for sure is that the efforts of the company's management are far more advanced.

 

[Setho]

There is really no roadmap like this and the most important thing is how much hard work and commitment to the company put into growth. There have been companies that have experienced popularity within a year.

 

[Smiles20]

If you are willing to be very hardworking and committed to your work then your company can become renowned in under six months like the way TiK ToK did . You can also be able to put in work and be patient because there is no roadmap.

 

[Setho]

If you are just building a startup and you want it to become a renowned company then it is only your hard work and commitment that is going to ensure that you do that and not a particular timeframe.

 

[Lens]

The development that is seen around the business is dependent on the amount of profit that you make. If your business is making profit very quickly, it will become a renowned organisation in your time.

 

[Ononivami1]

It will take quite a number of time for a startup to become a renowned company and that is basically what is happening in the industry won't just need to be patient if you are just established in the company.

 

[Ononivami1]

The level of success achieved by this company will determine if it will become a renowned company very soon or not so the level of the success that it achieved is what will be used as the yardstick.

 

[Sincerem]

The level of success achieved by this company will determine if it will become a renowned company very soon or not so the level of the success that it achieved is what will be used as the yardstick.

That's true mate and no one could actually predict the time it would take for a company to become well renowned. though some take shorter time but it all requires a tremendous amount of hard work and good strategy.

 

[Shigobad20201]

The level of success achieved by this company will determine if it will become a renowned company very soon or not so the level of the success that it achieved is what will be used as the yardstick.

Your achievement at the job you choose and prefers will determine the time your business will be a well known business , it also depends how you handle the business, your seriousness and your positive ways of handling business.

 

[Bookwormlux1]

Several factors come into play, and this goes a long way to show that things are really not going to be easy as we thought. This is a major thing that would make it difficult for any small business to become renowned.

 

[Sincerem]

In some cases , It may take more years than expected and sometimes it takes less. The reason behind this is that whatever we are interested to achieve would be determined by our efforts. It would be faster and less than 5 years when we put more effort to achieve it.