One of the main reasons for the slowdown in business income is that many entrepreneurs are too afraid to take risks. Once the business is in a stable place, they don't want to try anything new. Because they fear the current lucrative state of the business could suffer.
But you have to try new things to get the business going. Suppose you have a restaurant. Depending on the location of the restaurant, a maximum of 200 shoppers will come here every day. Your regular income from this restaurant is at a certain rate. Now to increase this income rate, you need to open branches in other areas.
Now if you want to open a restaurant branch in a new area, you have to spend a lot of money. As well as allocating quite a bit of the time given to the current restaurant there. Moreover, new employees, marketing - etc. have to do a lot of work. And even then, it cannot be said with 100% certainty that the new restaurant will run the same as the old one.
But if you want to increase the current income rate, you must open a new restaurant. If you do not take this risk, you will be in the situation you are in. A truly successful entrepreneur always wants to grow his business. And he took the risk by calculating for this.
Take Elon Musk, another founder of Paypal. He did not stop there after he changed the face of financial transactions with Pay Pal. Tesla, Space X - he has reached out to many businesses one by one. That's why Musk has become one of the best entrepreneurs in the world.
No matter what business you do, look for opportunities to expand your business. There must be a risk in this work. But if you want to increase the rate of regular business income, you must have the mentality to take this risk.
Remember the words of world-renowned author James Stephens, "The desire to do something new overcomes fear in a way that is not possible with courage."