Being an entrepreneur ain’t that easy as you think or how social media would paint it, you will only learn and evolve when you get into the trade. After my college year I wanted to start earning as soon as possible, didn’t wanted to rely on my parents for too long so I ventured into sales didn’t really had the capital to startup and I didn’t even bother looking because these loan agencies will be enticing with their loan packages just to win you over after in your in successfully then the torment starts as will be working tirelessly to redeem both the loan you took and the interest on the loan offer.
Sneakers was something I really like and i really appreciate the craft of making good sneakers and when they are worn. So I carried out a market survey, and also tried to build a niche which was basically made of of my friends from college. I didn’t have any capital like I stated earlier which made it impossible for me to buy these goods in bulk, instead to looking for capital I was busy building my supplier base with me acting as an intermediary which the end user.
The early years was great, until I started fighting with different factors which were the consistent rise in USD against my local currency, and my needs began to expand to the extent that I couldn’t be able to save the profit that was made. Started using profit made to settle bills that comes with leaving alone and fending for one’s self, eventually inflation set in which i lost my grip to the market. The rest is history, as I practically began to live on the profit made which made my retail trade fold up.
If you seen this post on a Web2 ecosystem and you have no clue about what Leofinance is here is a brief definition;
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Twitter:Hironakamura
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