QUOTE(Kaiserz26 @ Dec 17 2015, 05:18 PM)
pm me for more details. i got some interesting on this. For Small and Medium Business Owners v2, Come In and Share Your Biz ~
For Small and Medium Business Owners v2, Come In and Share Your Biz ~
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Dec 17 2015, 05:43 PM
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Senior Member
6,196 posts Joined: Nov 2012 |
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Dec 21 2015, 11:17 AM
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Junior Member
277 posts Joined: Nov 2013 |
A little about myself: Geek. Introvert. 28 yo. Need to grow past my current (boring) job. Hope to get a business up, because I like the idea that what you get is proportionate to energy you spent in it (basically for a job, you do also same salary, dont do also same salary). But for business IMO you must do to get paycheck. Of course this is idealized as in business there're risk - and I'm in the age of taking risk.
I'm stucked in order zero like most people still working - finding a niche. My job doesn't give any transferrable skill to sell, and I dont have enough networking. Any general advice? Most people would tell me to go for direct sales - to sharpen my "interpersonal" skills, while looking around for idea. Thoughts? |
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Dec 21 2015, 12:48 PM
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Senior Member
3,991 posts Joined: Mar 2009 |
QUOTE(chrisderick88 @ Dec 21 2015, 11:17 AM) Most people would tell me to go for direct sales - to sharpen my "interpersonal" skills, while looking around for idea. Thoughts? That's the most valuable advice for you now since even you label yourself as geek & introvert. Without interpersonal skills for networking, you'll struggle to get opportunities. You also need interpersonal skills to continue running the biz smoothly if you ever get it up. |
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Dec 21 2015, 12:51 PM
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Junior Member
277 posts Joined: Nov 2013 |
QUOTE(NightHeart @ Dec 21 2015, 12:48 PM) That's the most valuable advice for you now since even you label yourself as geek & introvert. Thanks. I'm alwyas slightly reluctant in doing direct sales. Is there any choices? (I'll do it if there's none.)Without interpersonal skills for networking, you'll struggle to get opportunities. You also need interpersonal skills to continue running the biz smoothly if you ever get it up. |
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Dec 21 2015, 01:00 PM
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Senior Member
3,991 posts Joined: Mar 2009 |
QUOTE(chrisderick88 @ Dec 21 2015, 12:51 PM) Thanks. I'm alwyas slightly reluctant in doing direct sales. Is there any choices? (I'll do it if there's none.) The reason you're reluctant is because you're introvert & scared. Joining those MLM or direct sales companies will break the ice in you. Please try to join those legit ones, you don't wanna be scarred for life being chase by victims of a Ponzi scheme. |
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Dec 21 2015, 01:24 PM
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Senior Member
2,464 posts Joined: Apr 2007 |
QUOTE(NightHeart @ Dec 21 2015, 01:00 PM) The reason you're reluctant is because you're introvert & scared. His right. Even if you ever bumped into "Ponzi" ones. You will learn a big lesson and may not do the similar mistakes and join the proper one. Every market has it. Be it forex and such! When your on the right track, move the buzz off from those fake dovey schemes.Joining those MLM or direct sales companies will break the ice in you. Please try to join those legit ones, you don't wanna be scarred for life being chase by victims of a Ponzi scheme. |
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Jan 5 2016, 12:54 PM
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Junior Member
121 posts Joined: Sep 2008 |
Hi guys, I'm here to seek advice on behalf of my friends from all the sifu here and don flame me if you don't like it. Just tell me and I'll delete this
The situation of my friends is a bit complicated. He is interested in business and his dad is throwing him a challenge by letting him to start a business with Rm10-20mil capital (Yea, some big shot). But of course, is not giving him the capital for free and the capital is going to be in OD term (his dad giving from his own acc). So, what can he start off with? His dad only condition is the business needs to start at Rm10mil and the business need to have physical shop. Hence, my friend need to buy a piece of land or property from part of the Rm10mil. Thanks in advance to all the sifu and Happy New Year ! |
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Jan 5 2016, 07:14 PM
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Senior Member
842 posts Joined: Nov 2007 |
QUOTE(kahmun @ Jan 5 2016, 12:54 PM) Hi guys, I'm here to seek advice on behalf of my friends from all the sifu here and don flame me if you don't like it. Just tell me and I'll delete this Any business can easily start off with that kind of capital..but question is what is ur friend interested in or what is his strength?The situation of my friends is a bit complicated. He is interested in business and his dad is throwing him a challenge by letting him to start a business with Rm10-20mil capital (Yea, some big shot). But of course, is not giving him the capital for free and the capital is going to be in OD term (his dad giving from his own acc). So, what can he start off with? His dad only condition is the business needs to start at Rm10mil and the business need to have physical shop. Hence, my friend need to buy a piece of land or property from part of the Rm10mil. Thanks in advance to all the sifu and Happy New Year ! If physical shop, the business can be fnb, trading, cloth washing, etc.. |
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Jan 5 2016, 09:00 PM
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Junior Member
105 posts Joined: May 2015 From: Bukit Bandaraya, Kuala Lumpur |
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Jan 5 2016, 09:04 PM
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Junior Member
105 posts Joined: May 2015 From: Bukit Bandaraya, Kuala Lumpur |
QUOTE(kahmun @ Jan 5 2016, 12:54 PM) Hi guys, I'm here to seek advice on behalf of my friends from all the sifu here and don flame me if you don't like it. Just tell me and I'll delete this Any goals stated by his dad? The situation of my friends is a bit complicated. He is interested in business and his dad is throwing him a challenge by letting him to start a business with Rm10-20mil capital (Yea, some big shot). But of course, is not giving him the capital for free and the capital is going to be in OD term (his dad giving from his own acc). So, what can he start off with? His dad only condition is the business needs to start at Rm10mil and the business need to have physical shop. Hence, my friend need to buy a piece of land or property from part of the Rm10mil. Thanks in advance to all the sifu and Happy New Year ! Seriously, any business could start with that capital and makes a decent return with right set of mind. But, I seriously doubt any dad (a rich one) will offer such a challenge. |
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Jan 5 2016, 10:22 PM
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Junior Member
731 posts Joined: Apr 2005 From: KL, Malaysia |
Hi guys, I'm new here in this thread...
Parents own a printing firm and I've been helping then out since 2008. Previously I'm working as programmer and then changed to sales. 2015 isn't the best of years but we are still able to maintain our revenue. I'm the only sales guy here though. Glad to meet you all |
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Jan 5 2016, 10:25 PM
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Junior Member
731 posts Joined: Apr 2005 From: KL, Malaysia |
QUOTE(kahmun @ Jan 5 2016, 12:54 PM) Hi guys, I'm here to seek advice on behalf of my friends from all the sifu here and don flame me if you don't like it. Just tell me and I'll delete this My opinion would be to spend some time networking with people who already have a running business. Ask around and get a good grasp of the business world before jumping in. The situation of my friends is a bit complicated. He is interested in business and his dad is throwing him a challenge by letting him to start a business with Rm10-20mil capital (Yea, some big shot). But of course, is not giving him the capital for free and the capital is going to be in OD term (his dad giving from his own acc). So, what can he start off with? His dad only condition is the business needs to start at Rm10mil and the business need to have physical shop. Hence, my friend need to buy a piece of land or property from part of the Rm10mil. Thanks in advance to all the sifu and Happy New Year ! Since I'm not sure what kind of experience your friend has, a franchise comes to mind. Training and knowledge is provided and consultation from the franchisor is available as well. Would like to meet that you and that friend of yours if you don't mind |
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Jan 5 2016, 10:59 PM
Show posts by this member only | IPv6 | Post
#1013
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Senior Member
1,021 posts Joined: Jun 2012 |
Doing e-D.I.Y business.
Find it quick difficult to market my product. |
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Jan 6 2016, 09:02 AM
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Senior Member
1,438 posts Joined: Dec 2011 |
finally i am back to Malaysia. Happy new year my friends in here. Hope a new year brings a fatty year in your pockets.
Just managed to start up a branch in Brunei and Miri Looking forward in tokyo street pavilion, but seems not worth it with the rental there |
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Jan 7 2016, 08:27 AM
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Senior Member
2,453 posts Joined: Nov 2007 From: Kuching, Sarawakland |
QUOTE(cute_miao @ Jan 6 2016, 09:02 AM) finally i am back to Malaysia. Happy new year my friends in here. Hope a new year brings a fatty year in your pockets. welcome bek... where did you go off to? Just managed to start up a branch in Brunei and Miri Looking forward in tokyo street pavilion, but seems not worth it with the rental there good to hear ur expanding ur business XD |
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Jan 7 2016, 08:40 AM
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Senior Member
1,438 posts Joined: Dec 2011 |
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Jan 7 2016, 08:44 AM
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Senior Member
2,453 posts Joined: Nov 2007 From: Kuching, Sarawakland |
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Jan 7 2016, 09:03 AM
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Senior Member
1,438 posts Joined: Dec 2011 |
QUOTE(gerald7 @ Jan 7 2016, 08:44 AM) aaahhh brunei... boringest place to be after work. but good sushi used to drive up for sushi and back to Mri back in the day. yup. in setia (if im not mistaken, nearby there) the shop in level 1. but quite expensive, per plate Brunei Dollar 6.50, but it is really nice.having a shop in bandar brunei is not easy. brunei is an islamic country. a lot things need to comply with. |
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Jan 7 2016, 09:31 AM
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Senior Member
902 posts Joined: Nov 2012 |
Just started my business, an e-commerce online I.T store. I was thinking to document my month to month progress and create a thread on it. Do you think people will find it useful?
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Jan 7 2016, 10:43 AM
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Senior Member
1,040 posts Joined: Oct 2004 From: the other side |
Hi all sifus, would like to ask if anyone here set up their own accounting or do you get advice from accounting firm on which software/accounting structure that you use?
For those who set your own, which accounting software(or online service) that you use? Thanks! |
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