In my industry, I’m seeing folks jumping in thinking it’s a get rich quick gig. I’m still a small fish comparing myself to larger companies and only in business just under two years. I’ve seen a good amount of these low ballers already close shop. I try to connect with any owners in my area and hope to educate the low ballers.
The only thing we can all do is keep on moving forward and be strategic with spending etc. They won’t last.
This is great to hear and I think the advice about being strategic with spending is great! A lot of these companies don't know their numbers and don't watch their spending either. Build yourself a realistic budget and stick to it!
