I realize its a very long time since i update my Blog. Recently i traveled to London to meet my old friends, attend a wedding, evaluate my decession, access some business opportunities and to my surprise i was able to do all of them with 100% satisfaction.
2 years in business has taught me one thing "When you are used to working hard and enjoying the stress it becomes a very necessary for your living" I felt the boredom of routine 9-6 job within 15 minutes of me getting on the London Tube. I immediately realized that i am married to my business which has Stress, problems, challenges, financial difficulties and lot more problems but its all mine, there is a great satisfaction of owning all of these, i have not outsourced any of the experience to someone else. Turely satisfied with my decession taken few years ago "Be an Enterpreneur"
On the business front there is not much changes but when you are in the business new opportunities pop up, i have been worried about covering running costs for the past 2 years finally i can say i have solved that issue atleast for this year by doing the following:
1) Identified special product which can be imported and sold.
Right were does the investment come from ? For me, i used the Banks Over Draft facility together with some help from existing suppliers. As i have shown commitment to supplier they gave some decent credit using which i could import a container. Now the sales of this improrted material would cover my running cost for this year 2010-2011.
2) Increased my sales by 50% compared to the previous year.
I did not do anything different to improve, but i notice that my credibility i built for the past 2 years is bringing me references. The service which worked out a loss for me initially is bringing me orders. One strong Matra i would say for startups "Retain your credibility at Whatever cost", provide promised service without compromise.
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