My goal job had always been to be an entrepreneur.
My very first company was in retail.
I lost some cash in that business, and it barely lasted for six months.
lessons discovered?
– I required a storefront to sell in.
– I had to remodel the store.
– I needed a staff member at the shop full-time.
No matter if I sold anything or not, I had to pay these expenses.
That’s also why I lost the money in my first months of business.
I went into wholesale after becoming injured.
The benefit of running a wholesale firm was that I could get started by managing everything myself out of a small office.
However, the wholesale trade was not without issues.
– Because most sales were made on credit terms, there were bad debts.
I had to deal with faulty merchandise.
Not to mention, outdated inventories were accumulating.
I recoiled whenever I caught sight of the outdated inventory in the warehouse.
Am I going to get old with these old stocks, I thought to myself.
Definitely not!
I required a new venture.
a company with
– no tangible goods
– low overhead, however
– limitless possibility for growth.
There was only one response when considering these…
online commerce