Quote:
Originally Posted by Husky
According to my knowledge, my boss and his wife started off as employees in another pharma company way back in the 70s. After working for a few years (learning the ropes & builing contacts), they started their own distribution business...
The secret of their success?
1) Hard work - In the early days they did everything themselves, from collecting goods at the pier to delivery to accounting
2) Choosing an industry that they are familiar with and almost recession proof
3) The last and what I think is the most impt factor is they literally just grew with the country during a time of rapid economic growth
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Hi Husky, I just realized a missing word in my previous post. I had wanted to ask you "Is it
easy to copy your boss' business".
Have you assessed what you would need in order to replicate their success?
Incidentally, I have a close friend whose dad also owns a vitamin/supplement distribution. He also started by working for others and then set up his own business in his late forties. Their business is perhaps at a smaller scale compared to your boss. But they are already quite rich by my standards (if I'm as wealthy as them, I'd be very happy) - your boss must be even more wealthy!