Thursday, 18 July 2013

Introduction

Any story needs an introduction
and here's mine


I'm starting this blog as a online diary to catalogue my journey through entrepreneurship. It's really nothing more, although I am hoping it can at least help a few other people out there get their feet up and running if they want to start down the path that I have taken.

I'll start with who I am. I am an average Malaysian guy in his late teens. I have just finished my A-Levels and have a lot of waiting to do before I can continue on my studies. I took Economics then, which is really helpful now in my pursuit to business success. If I have decided to take up Further Mathematics instead, this pursuit of mine will never get going. It kind of gave me the scaffolding to start building upon my business. Enough of me, let's get the story going.

Recently, actually about a month ago I was out with a very good friend of mine. Being bored with our hanging out, we flipped out our phone and browsed through eBay. Just for the fun of it we went through the eBay deals. We found some items selling at superbly low price! We decided, let's order it and not think twice. We can sell it to some people and worse come to worse, we'd just sell it at cost price. No risk there. So we did. We bought two and sold both for a very healthy profit. The very surprising part about our sale is that our two customers claimed that our price is very cheap! 

We then decided from there on, let's make a difference. Let's buy things that everybody else sells but lets just sell it with very slim margins. Not to undercut the competition but to let everyone enjoy a fair price. We win and they win!

It was not that simple to get a business running mind you. We had a lot of items on our check list and it was growing instead of shrinking. More or less we had to get registered, search for suppliers and set up a store. It was simple on paper but the process was tiring and sometimes very demotivating. This is no discouragement to anyone out there feeling to tread on our paths, just be careful about what you think is simple could just be the most difficult part.

But this is an introduction, I don't want to be telling long stories and procedures to get our stuff on. Hence I'll just end here and post up some new posts more or less in chronological order. 

Have fun following our journey.

Yours truly,
Young and Gunning

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