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Showing posts with the label Learning business through real story

The power of seeing everything is a chance of earning

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Please allow me to share a story. It’s a true story, narrated by a person named A, who lived near them. This event occurred many years ago in Phnom Penh. There was a flat near A's house. A couple asked for a space in front of that flat to set up a small store to sell beverages.  Daily, the wife was at the store, and the husband worked as a motor-dub driver. However, the husband found time to assist his wife at the store.  In A's house, there was a garden with some tall grasses. One day, the husband approached A and expressed his willingness to help cut the grasses, stating that he had not set a price and that A could pay him any amount he considered fair. Since no one else was available, A agreed to hire the husband to cut the grasses. After finishing the chore, the husband told A that if A needed someone to cut the grasses again, he could call him anytime. Not only did A benefit, but the husband also offered to do any work for other houses around the store in exchange for som...

Should you rent a store or sell on street?

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It’s difficult to give a straight answer, but there is a true story that might help you decide. In Phnom Penh, in a local market, there was an old lady walking daily to search for box paper, steel bottles, and plastic bottles in dustbins in the market. There were some sellers in the market who thought about sharing their money to rent a store for her to sell anything she wanted to. But she said no.  Why?  The reason was that she had previously been one of the sellers in this market as well. She rented a store where she sold hairpins and other hair decoration items. Then she saw that the earnings she got daily were for the store fee only. Therefore, she decided to quit the business and opted to collect garbage for sale, as previously mentioned. She said that what she earned from the garbage was in her pocket, and she didn’t have to worry about paying the rental fee at the end of the month like before. When she earned less, she spent less; when she earned much, she spent and s...