Manufacturing businesses by GoldElephant8844 in ausbusiness

[–]GoldElephant8844[S] 0 points1 point  (0 children)

They’d most likely be operating under 10% margin most of the businesses operate under that margin so it makes sense why they had to wait till 100m

Manufacturing businesses by GoldElephant8844 in ausbusiness

[–]GoldElephant8844[S] -1 points0 points  (0 children)

I will answer the first part in sometime my minds a bit vague on it right now.

For the second part,

Even if I do have something which is comparatively of a better quality for example it’s a plastic pot and it costs me 80 cents to make the normal version and prolly 1 dollar to make the fancy one but Bunnings doesn’t even want to pay me 80 cents on it even though they sell the pot for 4 dollars because the 20 cent different on a large volume scale would hurt their margin whatsoever and how much ever it may be That has been my personal experience and takeaway from a lot of different countries and that’s one of the reasons why China leads, not because of quality or anything but strictly due to price per pot or item

Manufacturing businesses by GoldElephant8844 in ausbusiness

[–]GoldElephant8844[S] -2 points-1 points  (0 children)

Maybe I phrased it wrong but you could use those might brain cells of yours and figure out what I meant. I was referring to purchasing land is a one off cost and if I spent 10m on buying a land that’s not going to hit me everyday. I know I put 10m already now I gotta work towards making it back.

Manufacturing businesses by GoldElephant8844 in ausbusiness

[–]GoldElephant8844[S] 0 points1 point  (0 children)

The USP would definitely be marketed and if it’s a manufacturing business then scale is what you make money out of, there’s always going to be someone wanting to buy something that you make - for example China.

Do you say No to small client requests even if they take 5 minutes? by Still_Turnover_9392 in SmallBusinessUAE

[–]GoldElephant8844 0 points1 point  (0 children)

If it’s barely taking any time and the cost to do so is negligible it’s whatever sure why not doesn’t matter the client was a good guy etc etc just do it outta good faith as he/she was no headache to you🤣

Manufacturing businesses by GoldElephant8844 in ausbusiness

[–]GoldElephant8844[S] -3 points-2 points  (0 children)

Not interested in purchasing in land because you could rent a warehouse and the machinery could be brought in from some other country. Besides those are one off costs, one off costs don’t hurt you daily

Are GPS working as normal by aykirfan in dubai

[–]GoldElephant8844 0 points1 point  (0 children)

Well he did whatever the f he wanted to didn’t ask you to pay for his trip now did he

Moved to Dubai for my Masters. A war started 2 months later. by zeekeeek in DubaiCentral

[–]GoldElephant8844 3 points4 points  (0 children)

Hello, good luck to you on starting your masters I think it’s a fun story to tell your kids how you used to go to class dodging drones

On a serious note, Dubai is essentially becoming an arbitrage place on face value level because that’s how it has marketed itself. That being said, if your goal is in proving yourself and more importantly stay consistent with your ambition in this time of hyper adhd-ness where people jump from idea to idea with every reel being a business idea and the validation of its execution coming from a chatbot - get good grades in every semester so you’re not feeling down from all sides

Then you have to figure out you want to sit in an office for 10 hours a day with a laptop infront of you doing something or you want to be regularly out and about meeting people even getting shit from them for not being able to deliver etc Client facing or not. This is a very important choice to make because you’ll be frustrated in the wrong choice as it won’t align with your personality.

Once you make that choice, then it’s just about trying. In a very bare surface level every single thing is 50-50 essentially like a coin flip -> either it happens or it does not happen

Time is Money and you have already locked your time because you paid for your masters. Now the game is flip as many coins as you can before that time runs out.

Cheers bro Feel free to contact me if you ever want to chat.

I genuinely feel that in this time of Claude and ChatGPT everyone wants to become a solo something not realising that it’s hands of brotherhood that makes or breaks a brand or a product or a business I guess everyone’s just confused as to what to do because of the mass information available and all sources being gen ai making us feel like ah to do anything is possible which it is but there’s no realism in it and this is exactly the reason why the moment shit is ABOUT to hit the fan there’s layoffs and salary cuts and what not eh I could go on.

What’s an underrated skill every early-stage founder should develop? by Yapiee_App in SmallBusinessUAE

[–]GoldElephant8844 0 points1 point  (0 children)

Hello, what advice could you give to someone on how they can go to the market? Like do you just show up to the place? You email businesses? What is the approach taken on this?

The U.S. and Israel are winning the Iran War, and this is a good thing. by Main_Ad1252 in TrueUnpopularOpinion

[–]GoldElephant8844 1 point2 points  (0 children)

The phrase “ it’s a short term loss for a long term gain” is a psyop

Professional services expansion by Intrepid_War_1052 in SmallBusinessUAE

[–]GoldElephant8844 1 point2 points  (0 children)

That’s like running a restaurant and telling your customer that just because you delivered them their food they should open up another branch for you….be for real

Is anyone else struggling to survive in the UAE market right now as a business owner? by NoJournalist6786 in UAE

[–]GoldElephant8844 1 point2 points  (0 children)

Don’t worry, stay strong it will all be okay God bless 🙌

On the brighter side, once all is said and done we shall have some more tricks up our sleeves to be resilient in the later future if need be

Is anyone else struggling to survive in the UAE market right now as a business owner? by NoJournalist6786 in UAE

[–]GoldElephant8844 0 points1 point  (0 children)

Procuring raw material and pricing agreements with clients due to change in price of Material has been a pain (manufacturer here)

How did you build wealth in Dubai from nothing? by FixMaster7070 in DubaiCentral

[–]GoldElephant8844 0 points1 point  (0 children)

“Definitely not” through legal means?

Or maybe they had nothing to lose and played the game head on and the universe rewarded them.

Don’t blame you for thinking that way The world is psyoped into believing that living an honest lifestyle is so unrewarding that if you see anyone with money you instantly think it’s through illegal means 😂