Over Investing Early Can Be Big Time Failure
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@BBigford That is true!! They just want to protect their bottom line!! LOL
Solar actually has the biggest profit involved since it is cheap to set up the infrastructure (relatively speaking). Sill sits around 11% of the market.
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@BBigford said in Over Investing Early Can Be Big Time Failure:
Nice response. There is also the notion that the business could pivot as the market changes, and the business needs to adapt, and whatever you invested in initially might be completely upside down from where you end up.
Right, and this can happen from either side.... either your business might go in a new direction, shrink, fail or grow in a way that doesn't require what you invested in. OR the product market might change. Maybe you need to move to hosted solutions, new technologies replace what you had been using or prices drop dramatically.
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@Son-of-Jor-El said in Over Investing Early Can Be Big Time Failure:
Interesting convo. I can't get into too much detail but in the solar industry it is ESSENTIAL to have the investors lined up. If you don't, you die.
Even with them lined up, you still want to spend money wisely.
