burakbey
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- Joined
- Oct 15, 2012
- Messages
- 15
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I am 24 year old entrepreneur in Istanbul / Turkey and I have started my own business on second half of 2010 with a 1000 USD which my dad gave to register a ltd company.
My business is about exporting (not selling to local market) dried fruits (mostly organic certified), nuts and juice concentrates from Turkey.
I do not have any warehouses or packaging facility or something. I just purchase bulk dried fruits and export them under my company labeled boxes. I use my dad's office, mostly working at coffee shops or anywhere I can use my laptop.
Also, I do not have any employees so I am the CEO, sales person, purchaser, assistant and all.
What I do is similar to business / commodity brokers, but the only (and big) difference is I do not work on a commission. My suppliers do not know my clients as my clients do not know my suppliers. My clients pay advance before shipment and I pay to suppliers while ordering.
Besides that, I did not get any loan / credit until now. Maybe it could be helpful to scale but I just could not take risk incase of a failure.
My company currently export Turkish organic dried fruits to 12 countries (mainly US and Western Europe) and I am just about hit 300K USD annual turnover this year with approximately %20 gross profit.
I just want to hear honest comments to see where I stand, what should I do to grow etc. Because I don't have any people around me to get advise etc. as many of my friends are still student or unemployed and family just can't be objective.
And working without any partner or employee can be physically and mentally overwhelming as there are no person to help, support, share good and bad times around me.
Sent from my GT-N7100 using Tapatalk 2
My business is about exporting (not selling to local market) dried fruits (mostly organic certified), nuts and juice concentrates from Turkey.
I do not have any warehouses or packaging facility or something. I just purchase bulk dried fruits and export them under my company labeled boxes. I use my dad's office, mostly working at coffee shops or anywhere I can use my laptop.
Also, I do not have any employees so I am the CEO, sales person, purchaser, assistant and all.
What I do is similar to business / commodity brokers, but the only (and big) difference is I do not work on a commission. My suppliers do not know my clients as my clients do not know my suppliers. My clients pay advance before shipment and I pay to suppliers while ordering.
Besides that, I did not get any loan / credit until now. Maybe it could be helpful to scale but I just could not take risk incase of a failure.
My company currently export Turkish organic dried fruits to 12 countries (mainly US and Western Europe) and I am just about hit 300K USD annual turnover this year with approximately %20 gross profit.
I just want to hear honest comments to see where I stand, what should I do to grow etc. Because I don't have any people around me to get advise etc. as many of my friends are still student or unemployed and family just can't be objective.
And working without any partner or employee can be physically and mentally overwhelming as there are no person to help, support, share good and bad times around me.
Sent from my GT-N7100 using Tapatalk 2
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