#rdrtalks | Bata, Yumaman Dahil Dinisiplina ng Magulang!
Summary
TLDRKyle Molina, an 18-year-old entrepreneur, shares his journey starting a business at 13 during the 2020 pandemic. He utilized a zero capital strategy, selling products before paying suppliers and achieving significant sales within days. His business, unip PC, now has eight branches and offers various opportunities for aspiring entrepreneurs, including affiliate marketing, franchising, and reselling. Kyle emphasizes the importance of family support and personal growth, sharing his success and the lessons he's learned.
Takeaways
- π Kyle Molina, an 18-year-old entrepreneur, started his business journey at the age of 13, inspired by his parents.
- πΌ He utilized a 'zero capital strategy' to establish his business, selling products before paying suppliers.
- π Despite being young, Kyle demonstrated business acumen and marketing skills, which helped him gain trust and customers.
- π‘ His initial inventory was worth 15 million pesos, starting with just 5 units, showcasing his confidence and business strategy.
- π Kyle's business, unip PC, now has around 200 employees and focuses on innovation to sustain growth.
- π He emphasizes the importance of a growth mindset, learning from books, and personal development.
- π¨βπ©βπ§βπ¦ Kyle's success is attributed to his family's influence, particularly his grandparents who instilled a strong work ethic.
- πΌ He manages his business with a structured routine, including meditation, exercise, and a focus on personal development.
- π Kyle's company, unip PC, offers various opportunities for growth, including affiliate marketing and franchising.
- π The company has expanded to eight branches across the Philippines, offering a wide range of products and services.
Q & A
How old was Kyle when he started his entrepreneurial journey?
-Kyle started his entrepreneurial journey at the age of 13.
What strategy did Kyle use to establish his business without initial capital?
-Kyle used a zero capital strategy, where he would sell products before even receiving them to have liquid cash, and then pay suppliers within a 60-day leeway.
What was the initial inventory value that Kyle managed at the start of his business?
-The initial inventory value that Kyle managed was around 1 million pesos, starting with just 5 units.
How did Kyle gain the trust of suppliers and customers at such a young age?
-Kyle gained trust through effective online marketing and showcasing potential, which was visible through his social media platforms and the demand for computers, laptops, and cellphones during the pandemic.
What was the turning point for Kyle's business during the pandemic?
-The turning point was in March 2020 when the pandemic started, leading to a high demand for electronic devices as people shifted to working from home.
How does Kyle manage the pressure of running a large business at a young age?
-Kyle manages the pressure by maintaining a growth mindset, focusing on innovation, and learning from his experiences and mentors.
What is Kyle's daily routine to ensure personal development and business growth?
-Kyle's daily routine includes meditation, prayer, physical exercise, and attending to both school and work responsibilities.
How does Kyle view the importance of family in his success and life?
-Kyle highly values family, considering the sacrifices and hard work of his parents as a significant factor in his success. He aims to create a legacy and provide for his family.
What advice does Kyle have for other young entrepreneurs regarding financial success and stability?
-Kyle advises young entrepreneurs to focus on creating their own legacy, not just financial stability, and to learn from their parents' experiences and advice.
What opportunities does Kyle's company offer for those interested in affiliate marketing or starting a business?
-Kyle's company offers opportunities in affiliate marketing, reselling, and franchising. They provide support for starting businesses related to printing, corporate giveaways, and clothing brands.
How can someone interested in Kyle's company's franchising or business opportunities get in touch?
-Interested individuals can email franchise unicorp, contact them at 0917 808 8000, or follow their social media platforms and website for more information.
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