We all have heard of "poverty cycle", where people are trapped in low paying jobs, have to work a lot just to make ends meet, have no time for education, start drinking on top of that etc.
This poverty cycle is real, and while it is possible to get out of it, it takes a real feat and a superhuman effort.
What I want to bring up is that there is an analogy of poverty cycle for businesses. This is includes one-man businesses, just as well as larger companies. The poverty cycle for a company is being trapped in a low return, high hassle business. Similar problems accompany companies in poverty, such lack of funds to improve, lack of time to think about doing things differently, being unable to reject undesirable clients, etc.
A big effort needs to be made to stay out of the business poverty cycle. Getting out of it, may be completely impossible (unlike for people).
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