The Stages of Making Money

Jasz

VIP Contributor
There are many different ways to make money. There are several stages of making money. The first stage is the beginning of your journey where you are just starting out and you are learning the ropes. In this stage, you need to learn how to get started with your business and how to market yourself properly.

The second stage is when your business starts making more money than it costs you to run it. This may not happen overnight, but it does mean that you can afford more employees and/or other expenses. The third stage is when your business is making enough money so that it can pay for itself without any help from you at all This means that you have been able to increase both the quality and quantity of your product or service while keeping costs low enough that they don't break the bank for anyone involved in running the business.
 
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