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5 Lessons from my first business

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My first business project was very simple: I bought a pile of A4 pages, then sold at 10 pages/5 BDT rate. Although it was a very small business that lasted for a very small amount of time (roughly 1 month maybe), I learned a lot from that. I am making a list of which I've learned from the business.

1. Observe your surroundings: A great business opportunity might be just near you, but you are not aware of it.

2. Keep the product source stable, or you will lose the business. So, make sure the supply is continuous, not interrupted

3. Market and promote your product/service. Use nice banners, posters, and brochures. Attach the posters in the right places, and supply the brochures to the right people.

4. Don't reveal your special product's source to anybody else, or your monopolistic business will be hampered.

5. If the source is cut off or lost, remove your posters and banners. Because you will achieve a bad impression if you cannot supply your products to your customers when they need it.


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