It depends on how you think of your experience.
1)have you been in this industry for awhile ?
2)Do you have enough experience to manage a company ?
If no , the best suggestion will be to work as a part time contractor first to gain experience and get to know more about it before you start establish your company.

If you think you are into this industry , yea you should open up your company so you could build up the profile and in the mean time , other opportunity too

Hi,

Good to hear from you.

1) Yes, I am.
2) No, I don't have experiene managing a company. I already have the profile, that the reason want to start up a company to move further

Ai sehh !

You're welcome

Well , since you are into the industry , you should probably plan your company
Not everyone have the experience , but with the right management , it should't be a problem
in the meantime you can look for partner , i will advise not looking in your "bro" zone , because something i learn that money is sensitive no matter if it was "Bro" zone or not.
Try looking for someone with the same passion and vision with you

Hi all, I am thinking of making my own shoes and sell, any ideas where can i get some basic raw material in a small amount? Get from a shoe makershop?

Hi everyone,

I would like to ask whether the demand of wooden lamp/ lighting is a good sell in Malaysia?
Currently i'm doing carpentry in a small furniture factory and i have a few sample of designer wooden table light and pendant light that i designed and build it myself with the right machinery.
I'm thinking of manufacturing it and distribute / supply to shops around Malaysia.

The problem i'm facing now is

1. Does this business works in malaysia? because unlike many other "Guai Lou" country, they prefer artwork.
2. My light / raw material are all from malaysia. Does customer see the worthiness of malaysian product?

I prefer start from small scale and slowly upgrade it.

Any feedback is much appreciated.

v2 already..

1st business = imported gummi bears (sweets)
capital = 1k
duration = 2 months (jan-feb 2011)
outcome = failed
reason = locals have no idea what is this. expensive.

2nd business = selling sweets and junk foods on tourist spots (part-time)
capital = few hundred. replenished locally
duration = 1 year (feb 2011 - jan 2012)
outcome = changed to selling ice cream
reason = cheap items, low sales, low margin. not so fast moving.

3rd business = selling ice cream on motorbike (full time after quit job)
capital = 4k
duration = 1 year (feb 2012-dec 2012)
outcome = changed to selling toys
reason = fast moving and low margin. hard labor and high cost for electric bill. enforcer kacau. weather dependant.

4rd business = selling fake legos on weekends
capital = 1k, replenish locally
duration = 1.5 yrs and on-going (since april 2012)

*back to employment since jan 2013 (office hours)

5rd business = selling women's accessories on rented spaces at shopping mall
capital = 2K
duration = since feb 2013

So now u hire staff to take care of the rented spaces ? And yourself continue working ?

No. The is a shop that rents out spaces for ppl. Staff they provide. They take 10% komisen n rental.

Hi !
Thinking to open a burger stall in open food court . Was searching online for info and then i found this thread, great.
Mind to share some experiences ?
1. what is min capital to start up .
2. must buy the stall or can be rent one ( the stall with wheels ) ?
3.it's an open food court , like a street with rows of stall at the sides, do i need a licence to do y bizness there ?

1. It's depending on your setup - Depending on grills I would say safe to say , 3k should be enough for a stall
2. The stall can be rent , mine was Rm20/month
3. Depends whether it belongs to the council or private.
A)Private - No need , just need to discuss with kopitiam owner
B)Council - Yes , need permit and need to get the typhoid injection.

I believe every food handler in Malaysia need to go through some course and get typhoid injection before operating. This should also apply to the stall operator?

The last time I saw your thread was selling ice cream. I see that your sales is quite good.
Why don't you continue with it?

Hi everyone,

Wanna ask sifu how do you guys acquire businees partners or how do you guys come along? I have plenty of ideas i think would sell well as an entrepreneur but its hard to find someone who share the same mentality.
Anyone can shed some light?

Not all , private hawkers doesn't need .
When I worked in Starbucks yes , must have that injection

Find people who is working in that field ?

Like F&B , you can ask those working in F&B to see if they want to chip in

no not interested in people who has started the business, more like people who wants to start a new business and start up together!

erm...That's what I meant.

Find people who is related to that field and not outside of that field

is it something like they provide a cube box to place your stuff ?

how much is the rental per month btw ?? & how about the sales ?

how do i find people that re in the field? if f&b go in any restaurant worker and just ask wanna start a creative business idea? i dont want to find average joe, i wanna find someone who has the potential to think outside the box like me and start something great..

Erm... ask your friends ?If there is someone like that out there , don't you think that person might just want to do it all by himself ?

People are not born great , they're made great .