No One Likes an Easy Challenge.
The biggest challenges I faced in my life were when I co-started my entrepreneurship venture along with my elder brother. This business venture was related to the export of grapes to other Asian countries.
Since childhood I was interested in starting my own business. Growing up as a child in business family, I spent much time to observe and assimilate the nuances of business. I realized a craving to learn the processes involved, and was introduced to the fundamentals of Management and I took keen interest in gathering an insight into all the issues associated with the business. During my college days I finally decided to explore the import-export business. The first problem I faced was the licensing issue. After a lot of enquiry and patience I could finally complete all the formalities required for exporting. The next step involved was searching high quality export grade grapes. Coming from Nashik city which is the largest producer of grapes in India, my efforts were reduced and I could easily find the sellers. Now came the final and the most difficult part – finding the importers in the other country. The only feasible export destinations were south east Asian countries like Nepal and Bangladesh. The process was very complex and even after finding the buyers in other countries, we were unable to negotiate a reasonable price. We had invested a lot of money and had already purchased the grapes from the farmers which meant that we had to sell the products otherwise it would lead to high losses. In the end we had to sell the grapes to an importer in Bangladesh for a price which resulted in a no profit-no loss situation. This experience taught me a lot. It also made me realize that I have to learn a lot before I actually step into the business world. My aim was to start my own entrepreneurship venture and not make a loss. I knew it was going to be difficult but anyways no one likes an easy challenge. I could achieve this with lot of patience and hard work which makes me feel proud.
I have a long way to go before I restart my venture. I am confident of achieving my next goal of restarting my business and making it a sustainable model after completing my MBA.
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