Tuesday, September 9, 2014
The fear of start-up entrepreneur
Here we go; I decided to quickly come back into Phnom Penh, Cambodia after my graduation of Master degree from Shanghai University of Finance and Economics, in Shanghai, China. It is because that I see great opportunities of many businesses to operate here.
However, it is not what I always expect. I just cannot make a shot without thinking too much. Here are my common steps of operating my business:
1. I try to think of what business to do, and I just make a big picture of it (the power of big dream into reality).
2. From my experience and family support condition, I know I can only invest in a business with less than 50k capital. Thus, I only focus on small capital business opportunities.
3. After the business concept #1 matches #2 criteria, I make financial planning in simple ways of expense, 3-month expected income, 1-year expected income, etc. It helps me to make a more serious decision if the profit is qualified motivation to work on it into reality.
4. I let myself have little break of several days or a week to see if I still have passion in it later. Of course, every business into action will take me a couple of years into commitment and hard work.
5. After making analysis on several businesses, I realize that I have limited professional qualification to develop my business into a systematic level rather a small and family business style.
So now, I realize that I have little problem of being too early to start-up without a proper cashflow (I have not earned for two years earlier and now I still do not make any income resource successfully). Sometimes, it is a big demoviation to turn me to rethink if I should work for others for further professional experience and human network while I can have time to consider what business to run at the same time.
Thanks for this moment, I have learnt many things about myself and future career path. For more information of life sharing, you may comment and ask.
Hope you have learnt something and would like to make some comments.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment