BIKIN IRI! Baru 26 Tahun, Wanita ini Raup 250 Juta Cuma Modal 100 Ribu!

Summary

In this video, Okavia Dwi, the owner of Seiko Indo in Tulung Agung, shares the story of how they built their business from a modest capital of IDR 100,000, emphasizing the importance of knowledge over large financial investments. Despite initial setbacks, such as a challenging location and limited space, they managed to expand, with their revenue growing significantly. Okavia encourages aspiring entrepreneurs, particularly those lacking privilege, to overcome their fears and take small but calculated steps in starting a business. The focus is on resilience, learning, and the belief that small capital with the right knowledge can lead to success.

Takeaways

• 😀 Starting with minimal capital (IDR 100,000) proves that national expansion is achievable.
• 😀 The original plan was to open in Bandung, but limitations at the station led to a pivot to Kepatihan.
• 😀 Branding is important, and the team had to adapt by leaving personal egos aside for the betterment of the business.
• 😀 Focusing on long-term goals, like improving customer experience and expanding to larger spaces, is key to success.
• 😀 Expansion allowed the business to grow from IDR 75 million monthly revenue to IDR 250 million.
• 😀 Fear of failure and lack of privilege can deter many from starting a business, but determination and learning are essential.
• 😀 You don’t need large capital to start a business; having knowledge and courage is more important.
• 😀 Small capital paired with the right knowledge can lead to better business growth than large sums of money without understanding.
• 😀 The importance of hands-on learning and adjusting business models as you grow is emphasized.
• 😀 Entrepreneurs must not focus on personal gain but on the long-term vision of the business and its impact on the market.

Q & A

What was the original plan for opening the business, and why did it change?

The original plan was to open the business in Bandung. However, due to the conditions at the station, which couldn’t accommodate many people, they decided to open the business in Kepatihan first.

How did the business perform financially before and after expanding?

Before expanding, the business was generating around 75 million IDR per month. After expanding, the revenue increased to about 250 million IDR per month.

What were the main challenges faced by the business, and how were they addressed?

One of the main challenges was the small space that couldn’t accommodate many customers. They addressed this by prioritizing growth and planning to move to a larger space in the future to serve more people and hire more employees.

How does the business owner view the role of ego in business decisions?

The owner emphasized the importance of setting aside personal ego for the benefit of the business. Focusing on long-term growth and improvement was seen as more important than personal pride.

What does the business owner suggest to aspiring entrepreneurs regarding capital and business knowledge?

The owner suggests that aspiring entrepreneurs don’t need large capital to start a business. Instead, they should focus on gaining business knowledge and being willing to take risks. It’s better to start small and learn rather than jumping into a business without the necessary skills.

How does the business aim to impact the community and the market?

The business aims to have a positive impact by providing opportunities for people who may lack the privilege to start their own ventures. The focus is on growth, offering opportunities, and contributing to social welfare.

What lesson does the business owner believe is crucial for business success?

The owner believes that the most important lesson is to start with the available resources and focus on gaining knowledge. It’s better to operate with smaller capital and expand the business over time as one learns, rather than jumping in with a large investment and no experience.

What is the significance of location selection in the business’s growth?

Location selection played a significant role in the business’s growth. Initially, the location at the station couldn’t accommodate many customers, so the business moved to a different place to expand. The new location allowed for growth in terms of customers and staff.

How does the business plan to scale its operations to other cities?

The business owner mentioned that they are learning daily about management and how to replicate their business model in other cities. They aim to expand gradually and improve the operational system in different locations.

Why does the business owner believe many young people are hesitant to start their own businesses?

The owner believes many young people hesitate to start their own businesses because they lack sufficient capital and are unsure about how to begin. This fear prevents them from taking the first step, even though smaller investments are possible with the right knowledge.