Dari Gaji UMR sampai 100 JUTA/bulan (Realistis) | My Life Story
Summary
TLDRIn this inspiring video, the speaker shares their journey of overcoming setbacks and building a successful life from scratch. Despite facing challenges like dropping out of college and struggling with low-paying jobs, they turned things around by learning financial skills and starting businesses. After losing a decorating business to the pandemic and a bad partnership, they pivoted to content creation, sharing financial advice for small business owners. Their story emphasizes the importance of resilience, learning from mistakes, and never giving up, even when progress seems slow. Today, they run two thriving businesses and continue to inspire others.
Takeaways
- đ Starting from humble beginnings, the speaker worked a job with a salary below the minimum wage after dropping out of university.
- đ Despite the initial struggle, the speaker began a side business in dropshipping and later partnered in a decoration business.
- đ The first business venture had its ups and downs, with the speaker learning crucial lessons about finance after the business collapsed during the pandemic.
- đ The pandemic was a blessing in disguise, giving the speaker the opportunity to learn financial management, which proved essential for future success.
- đ The speaker realized the importance of understanding business finance to avoid being taken advantage of in partnerships.
- đ A key lesson learned: Only the working partner should receive a salary, while an investor should not take a salary unless actively involved in running the business.
- đ The speakerâs experience highlighted the need for clear written agreements in business partnerships to avoid exploitation and conflicts over assets.
- đ Shifting to content creation, the speaker began sharing business finance knowledge on social media, helping others avoid similar mistakes.
- đ The social media content quickly gained popularity, leading to the growth of a large following and collaboration with brands.
- đ Inspired by the demand for deeper knowledge, the speaker launched the Ladyboss Project, an online financial education program for small business owners.
- đ The speaker now runs two businessesâLadyboss Project and Ain Studioâapplying their learned financial principles to create stable and diversified income streams.
- đ The key message: Growth is not linear. Success comes through perseverance, learning from failures, and accumulating knowledge over time.
Q & A
What were the initial challenges Patricia faced in her career?
-Patricia struggled with not finishing her university degree, which limited her job prospects. She worked a low-paying job below the minimum wage and had to find additional ways to earn money, including starting a dropshipping business.
How did Patricia's first business venture in the interior design and decoration industry unfold?
-Patricia entered a business partnership where she managed the operations of a decoration business while her partner provided the capital. While the business was initially successful, financial mismanagement, unfair profit-sharing, and a lack of knowledge in finance led to her being taken advantage of.
What impact did the pandemic have on Patricia's business?
-The pandemic forced Patricia to shut down her decoration business because events were canceled, and she had to refund customers. Despite the loss, it led her to an unexpected opportunity to learn business finance.
How did Patricia learn about finance, and how did it help her?
-Patricia's sibling, who worked in finance, offered to teach her finance as they could no longer manage their tutoring side hustle. This allowed Patricia to learn essential financial principles, which helped her realize how she had been financially disadvantaged in her first business partnership.
What lesson did Patricia learn from her first business partnership?
-Patricia learned that in a partnership, only the working partner who manages the business should be paid a salary, not the investor who doesn't contribute to the operations. She also learned about the importance of having clear agreements on profit-sharing, asset ownership, and business expenses.
How did Patricia's content creation career begin?
-Patricia started sharing her financial knowledge on social media, aiming to help other small business owners avoid the same pitfalls she experienced. Her content gained traction, leading to a growing following on platforms like Instagram, TikTok, and YouTube.
What is Ladyboss Project, and how did it come about?
-Ladyboss Project is an online business education platform that Patricia founded to teach small business owners, particularly in the MSME and online shop sectors, how to manage business finances. The project stemmed from Patricia's desire to share her knowledge and prevent others from making the same financial mistakes she made.
How did Patricia's background as an interior designer influence her businesses?
-Patriciaâs background in interior design helped her manage and launch her first decoration business. Her understanding of design made her a valuable partner in that venture, although the financial aspects were more challenging, leading to her eventual shift towards learning finance.
What is Ain Studio, and how does it differ from Patricia's previous business?
-Ain Studio is Patricia's second business, focused on event decoration. Unlike her previous business, which faced challenges during the pandemic, Ain Studio has grown steadily, and Patricia is able to hire employees without requiring educational qualifications. This reflects her desire to provide more job opportunities for people without a formal education.
What is Patricia's advice to aspiring business owners regarding growth?
-Patricia advises that growth is not linear and that early struggles may not show immediate results. She emphasizes that persistence, learning from experiences, and accumulating knowledge will eventually lead to breakthroughs in business.
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