Every time, on my way back from college to home I see countless number of people in the food stall at Dhobighat Chowk, just one minute aside from the highway. That compact stall captivating a lot of people amazed me. I then realized, drudging for your livelihood does not require to work under AC fitted room in any business park but starting right in front of your footstep will get you to the pinnacle.
Like people working in any business park; self-employed, street vendors equivalently own the risk of their products in the dusty street of Kathmandu. Unlike, any other entrepreneurial seminars, there are plenty of entity we can learn from street vendors. Few enlists:
1) Quality over price:
This epigram not only pair up with street vendors but to all kind of business. No matter the cost, quality of food or any commodities you trade should meet the rudimentary standard criteria. There is no manipulation of setting up the business affair if you often get complaints about the products for not being any worth. Never make your costumers distress with your products. So, just keep the quality of products.
2) Try something new and stick into:
Who does not love to experience something new? We find it completely alluring if we made a bit of difference to our everyday routine. Same proposition possess while vending any food stuff. Picking up the example of street foods; you can bolster on with unalike recipe or you can go on with themed café somewhere around elementary school, high school or colleges. People in Kathmandu usually crave for dumplings (nepali mo:mo) so trying out with moving restaurant? It might aid. Along with food, it will be a sort of fun. Selling clothes online is mainstream, what if you commence home delivering some of the logistics plus groceries? But please assure, once you have started to forge, do it with all your effort. Results will patently take time. Have fortitude. Don’t trepidate if your ideas didn’t work at the very dawn.
Whether you are on your work of coffee shop, grocery, selling fruits, vegetables, food items, café etc you must be exceedingly sensible about location. While, fruits, vegetables, groceries are the products humankind devour on everyday basis, make sure there is requisite drift of people. Discerning location of your business venture is what avails the success of your business. On dealing with street food items, making sure if it is nearby to college, school since to some extent youngsters reply upon those.
4) Work correctly:
You want to succeed in your business venture? Hard work is hugely necessary yet insufficient. If you execute your task correctly as per your plan, you can ace your venture. Prior to implementation of any plan, take ample of time to think about your work. Then, stick to your ideas.
5) Yes will equals to yes way:
As Audrey Hepbrun quotes “Nothing is impossible, the word itself says I’m possible” it is imperative thing I learned from street entrepreneurialism. If you have willingness to work, you will certainly detect a way. Mind it; nothing can mould a barrier on your work if you genuinely want to make it happen. If only you have a will power to set up, a step you move, you will automatically head further.
- “The critical ingredient is getting off your butt and doing something. It’s as simple as that. A lot of people have ideas, but there are few who decide to do something about them now. Not tomorrow. Not next week. But today. The true entrepreneur is a doer, not a dreamer.” –Nolan Bushnell
- “There’s nothing wrong with staying small. You can do big things with a small team.” – Jason Fried
- “If you just work on stuff that you like and you’re passionate about, you don’t have to have a master plan with how things will play out.” – Mark Zuckerberg