After more than 10 years of business, I have never stopped exploring. The total failure in that real estate project in Weihai caused my hard work over the years to go down the drain. Now, I am reshuffled by fate again. I have returned to where I was 13 years ago - having nothing. Looking at the only 200,000 yuan in my passbook, it is a pension book left for my parents. I feel so reluctant.
What should I do? Can't I make a comeback? Have I been branded as a failure after striving for more than a decade? I can't accept it! For one or two months, I drank every day. While drinking, I worried. I didn't want others to drink with me. So I had one glass of wine after another and smoked cigarette after cigarette.
It seemed like an endless century. I got better. I began to sort out the projects I had done before. I took out my notebook and recalled my struggle over the past dozen years like reading my diary.
From the small trade in the beginning, I made my first fortune by reselling a batch of old cloth from wholesalers, then started my own trading company doing petty commodity wholesale, and then the mineral processing equipment I cooperated on with a classmate, etc. Mineral processing equipment. My diary of more than 40 pages clearly recorded the entire process of this project from start to finish. Why did this project which I once highly favored get interrupted? I started looking for reasons. Capital flow... goods promotion... after-sales service... logistics distribution... advertising... Finally, I found the reason. It turned out there were problems with after-sales service and logistics distribution. Big clients canceled their contracts, and my partner and I had our working capital blocked and were forced to sell at a low price to a nearby peer. Since then, we painfully escaped from this market.
So I called my friend from before. After talking for a long time, it turns out that after losing money together with me initially, he did not exit. He has been paying attention to this project and never stopped contacting clients. Thus, we agreed immediately to restart this project. We tried to affiliate under the name of a large factory group, organizing our own production and sales. Half a year later, we pooled all our savings of more than 800,000 yuan, successfully rented our own factory, and recruited our own workers. Due to lessons learned, we strictly controlled quality and after-sales service. As long as there was a usage issue, we repaired it regardless of cost. Business slowly progressed towards the track we envisioned.
Our next two-year goal is to double the existing scale, build our own factory area, and create our own brand.
For the future, I am full of hope. I don't know if this project will bring me the kind of success I desire, but I will walk step by step solidly.
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