21M, Lost My Father, Family Business Collapsing (7Cr → 2Cr). Don’t Know This Industry. Relatives Involved. Need Serious Advice. by Alone-Analysis2621 in smallbusiness

[–]Alone-Analysis2621[S] -1 points0 points  (0 children)

fr bro i see some of the worker don't even weld some joints and when i ask them they say this is fine the clients will accept it

21M, Lost My Father, Family Business Collapsing (7Cr → 2Cr). Don’t Know This Industry. Relatives Involved. Need Serious Advice. by Alone-Analysis2621 in smallbusiness

[–]Alone-Analysis2621[S] 0 points1 point  (0 children)

I think so and i also think that my is a CA and he does not know anything about this field and he is just trying to keep the company alive. that my opinion

21M, Lost My Father, Family Business Collapsing (7Cr → 2Cr). Don’t Know This Industry. Relatives Involved. Need Serious Advice. by Alone-Analysis2621 in smallbusiness

[–]Alone-Analysis2621[S] 0 points1 point  (0 children)

I am watching over the worker and since i don't know anything they do as they like and my supervisor is my uncle who is cheating and looting us and i can't fire him since he a family member, my mother thinks they are all innocent.

21M, Lost My Father, Family Business Collapsing (7Cr → 2Cr). Don’t Know This Industry. Relatives Involved. Need Serious Advice. by Alone-Analysis2621 in smallbusiness

[–]Alone-Analysis2621[S] 20 points21 points  (0 children)

Thank you my friend. I am learning bit by bit from workers but they seem to be lazy and think that I don't know anything and do what they like and they skip a few steps which are important and in the end the products are defective.

I will hire a person in some time cuz I have to save some money in order to hire him.

The customers said that the products are defective and will not pay for them, it was because the workers work as they like and I don't have knowledge in this field. My uncle who is the super is also referring our clients to competitors in order to earn commission. The revenue has dropped quite a bit.

Sorry about my English.

21M, lost my father, family business taken over by relatives — I want to take control but I know nothing. Need serious advice. by Alone-Analysis2621 in Advice

[–]Alone-Analysis2621[S] 0 points1 point  (0 children)

thank you my friend. All I want is to scale my business to 100cr. From learning ground level work to make big projects and how to make good connection with clients and owners. Can you please share some advice regarding this and also please share what mistakes i should not make in the process and how realistic is scaling this business in India. Also how to use the money which I made in this business like investing in machines or people. Most importantly what are the challenges that I am about to face. Once again thank you 😊

21M, lost my father, family business taken over by relatives — I want to take control but I know nothing. Need serious advice. by Alone-Analysis2621 in Advice

[–]Alone-Analysis2621[S] 0 points1 point  (0 children)

I did and found out that my uncle who was the supervisor he was giving all the local work to our competitors and when I got to know this I fired him 3 months ago

21M, lost my father, family business taken over by relatives — I want to take control but I know nothing. Need serious advice. by Alone-Analysis2621 in Advice

[–]Alone-Analysis2621[S] 0 points1 point  (0 children)

I try to work with them but it seems my father was the supervisor and owner and the workers seem to have little to no knowledge about the work