My Mistakes in First Start Up

Photo by Varvara Grabova on Unsplash
  1. Don’t trust anybody (I hate to say this, but its unfortunately its true)
  2. Make sure that your creditors have money to pay you.
  3. Don’t do business with family. If business isn’t supposed to get personal, then that's difficult when working with family.
  4. Always get proper contracts in place — a hand shake won’t stand up later down the line.
  5. If you think that your business is going to get really busy, make sure that you plan out the first 6 months — 1 year before that time comes. You won’t have time when you are working 80 hours a week.
  6. If you are going to buy anything without a guarantee, e.g. a second hand item, make sure you know it works before you exchange money.

I was working in the same kitchen as my brother and I think it is a well known fact, but business with family just doesn’t work.

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Malaysian Living in China | Health Expert

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A Young Malaysian

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Malaysian Living in China | Health Expert

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