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Wednesday, January 28, 2009

My friend first business running

On Saturday, 28 January 2009, I visited my friend who has invited me. He has talked to me many things about his new business. He has enjoyed what many people dream it. Has own business. Express our potential capability unlimited. And a pleasure : We fired our boss. I saw non permanent building. It's not a complicated process or equipment. As many people thinking, a manufacture is something big and complicated. But this is simple. There is just 10 people there doing process daily. But, when we get reality that Net profit over revenue is about 30-60%, it so surprised. There is many people with more money but doesn't know what should be to do with their free money. Or maybe, they just do a business with low profit over revenue. He also paid people who he learned the business and has been working 30 years in that core business. Some points that I noticed: 1. Business idea that's never die. 2. Always study business knowledge although he is still in a company as an employee. 3. Using all relation and environment as tools. 4. Build what can be built step by step to support business plan. 5. Work after five for his own business extra hard. 6. When chance comes, he hold it and exposed all his potentially capability in all angle. 7. He recruited experience people and not worry to pay. 8. Carefully in using of profit. The priority is paid for loan and posted to new investment to grow the company. 9. Sharing with unlucky people. 10. All of above things will run smoothly and effectively if we pray to god everytime.

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