brainstorming for a new business venture

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Last Saturday, I had a telephone conversation with a good friend of mine, Shiela. We were both busy since the start of the year that we didn't really have the chance to catch up on each other. It was Black Saturday but I picked up the phone to let her know that I am at my in-laws' place at that time. Our conversation went from simple hello's to planning on a new business venture together but still can't agree on one fixed business venture yet. Anyway, in one of our 'serious' business conversations, we thought of putting up an online store to sell used but fashionable clothes and other used items. Here in the Philippines, it's called 'ukay-ukay.' I don't know yet how profitable it can turn out and how saturated and stiff the competition is in this kind of market and whether there'd be a huge demand for it because it still needs some serious feasibility study.

I think it would be fun and exciting to have our own business but I am not quite sure if it's a good thing to have a friend for a business partner. They say it is possible to lose your friendship in business although I don't think it will ever come close to that situation. Hopefully! I am really excited to have our own business up and running that I have actually envisioned that it will grow big to the point that we can use postcard mailing services to advertise on our business. Anyway, this one is still in the works and in the brainstorming level. The business idea could push through but it could also shift to another business venture. You know how women are - fickle-minded species!

Comments

  1. Mel Avila AlarillaApril 6, 2010 at 4:21 PM

    Business is good since it gives you the chance to really succeed in life unlike regular employment where the chance is very minimal. But of course one's decision to go on business must be in accordance with the will of God. As Psalm 127:1 says, "Unless the Lord builds the house, its builders labor in vain." Also, "Commit to the Lord whatever you do, and your plans will succeed" (Proverbs 16:3). Whatever business venture you will enter into, just pray for it to the Lord. I will join you in your prayers for your success in whatever business you will enter. Thanks for the post. God bless you all always.

    ReplyDelete
  2. meretrishaApril 6, 2010 at 10:22 PM

    thanks and God bless you, brother Mel!

    ReplyDelete
  3. AnonymousApril 7, 2010 at 3:17 AM

    What a great idea! I hope you do start your own business and that it is successful! I agree with the last commenter, just pray for guidance and about your business partner and see where God leads you!

    ReplyDelete
  4. BchaiApril 7, 2010 at 6:58 AM

    Sounds like an interesting (ad)venture, for sure. I think handling a business requires a lot of work, patience, and dedication, so if you're up for it, I think you'll do fine. As for partnering with your friend, as long as you trust each other and work together, then it shouldn't be a problem, no? I know there's more to that when working with a partner, but I think if you have to work with someone, get a contract, and put things down in writing. At least, you're covering your butt if something goes awry. ;)

    ReplyDelete
  5. meretrishaApril 9, 2010 at 9:43 AM

    @andrea, bchai.. thank you as well for the nice words and advice

    ReplyDelete

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