What is Ramen Profitable? We are starting our businesses to make money, build our skill set, and increase our network.
What is Ramen Profitable?
Ramen Profitable is a phrase used in startups to determine when you are cash positive. You making some money, not much, but some.
The goal with ramen profitable is make enough money that you can survive, you may have to eat instant ramen every night, but you make it. Getting to this point is important. Positive cash flow is good, it is the point of the whole project. Making money is what allows you to continue, to grow, making money gives you opportunities.
We are starting our businesses to make money, build our skill set, and increase our network. You do that and you are far ahead of the rest of the pack. Most people never start. Many only dabble or merely try with no goal or idea of why you do it.
If you do this, and you increase the number of people in your network, and you learn more and know how to learn, and you make money doing it, you just became an entrepreneur.
“We all are learning, modifying, or destroying ideas all the time. Rapid destruction of your ideas when the time is right is one of the most valuable qualities you can acquire. You must force yourself to consider arguments on the other side.
— Charles T. Munger”
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