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Summary

In this inspiring talk, Fahmi shares his entrepreneurial journey from humble beginnings to running a successful online business. He emphasizes the importance of leveraging existing skills, learning from failures, and building a strong mindset. Starting with small sales during high school, he gradually expanded his ventures despite facing setbacks, including financial struggles and loss of resources. Fahmi highlights the significance of online marketing strategies, continuous learning, and community empowerment, ultimately encouraging others to pursue their entrepreneurial dreams with confidence and resilience.

Takeaways

• 😀 Fahmi started his entrepreneurial journey in high school by selling snacks to friends, igniting his interest in business.
• 💡 With no initial capital, he utilized online platforms by posting product images and taking orders via social media.
• 📈 After working in a factory for six years, Fahmi realized his passion lay in entrepreneurship and saved his last paycheck to invest in his business.
• 🚫 He faced significant challenges, including financial struggles and losing his phone, which impacted his ability to manage orders.
• 👨‍👩‍👦 Family support was crucial during tough times, showcasing the importance of a support system in entrepreneurship.
• 🔄 Fahmi shifted his mindset, realizing that starting a business doesn't require massive investment but rather skill development and learning.
• 🖥️ He educated himself through online resources like YouTube, enhancing his knowledge of online sales strategies.
• 🌟 Officially launching Koule Project in 2016, he focused on selling gift art bouquets, initially facing difficulties with branding and marketing.
• 📊 By optimizing product listings on platforms like Shopee, he significantly increased his sales, demonstrating the importance of marketing strategies.
• 🚀 Fahmi's journey emphasizes that success in business comes from perseverance, learning from failures, and leveraging available resources.

Q & A

What motivated Fahmi to start an online business?

Fahmi was motivated by the convenience of running a business from home and the potential to reach a wide audience without significant upfront costs.

How did Fahmi initially fund his business?

He started with a pre-order model, where customers would pay in advance, allowing him to purchase materials needed to fulfill their orders.

What early experiences did Fahmi have with entrepreneurship?

Fahmi sold snacks in school, organized class savings programs, and helped classmates with their assignments for a fee, which laid the groundwork for his entrepreneurial skills.

What challenges did Fahmi face when starting his business?

He faced financial difficulties, lack of resources, and personal setbacks, including the loss of his communication device and limited initial capital.

What was a turning point in Fahmi's business journey?

A significant turning point was when he learned about online marketing and product optimization, which helped him increase sales dramatically after implementing effective strategies.

How did Fahmi's mindset contribute to his success?

Fahmi maintained a positive mindset, focusing on his potential, learning from failures, and believing that every challenge was an opportunity for growth.

What strategies did Fahmi use to improve his online sales?

He optimized product descriptions, enhanced customer communication, and utilized social media and marketplace algorithms to increase visibility and attract buyers.

What does Fahmi believe is essential for starting a business?

He believes that starting a business doesn't require large amounts of capital but rather the ability to leverage existing skills, resources, and knowledge.

What message does Fahmi want to convey to aspiring entrepreneurs?

Fahmi encourages aspiring entrepreneurs to start small, utilize their skills, and not be afraid of failure, as persistence and learning from mistakes are key to success.

How does Fahmi view setbacks in his entrepreneurial journey?

He views setbacks as valuable learning experiences that can provide insights and skills necessary for future success, reinforcing the idea of resilience.