Be like her

[TheVigilante]

The girl’s courage, execution and business sense are beyond her years.

Source

https://www.moneycontrol.com/news/trends/if-we-worry-too-much-12-year-old-girl-invests-rs-5-91-lakh-in-shop-pays-mother-rs-2-72-lakh-to-run-it-13862443.html/amp

 

[RiskyStuff]

At 12 she is like my father was at 40! That's a huge one.

 

[t2van]

The girl’s courage, execution and business sense are beyond her years.

Source

https://www.moneycontrol.com/news/trends/if-we-worry-too-much-12-year-old-girl-invests-rs-5-91-lakh-in-shop-pays-mother-rs-2-72-lakh-to-run-it-13862443.html/amp

Id rather not.

She cut her costs by 50% to bring more people in. Because sales stalled. So now she has less or no margin to actually grow and move on. Discounting heavily for sales is a race to the bottom.

 

[RiskyStuff]

At least she made it into the news. Money is not everything.

 

[Champagne]

She is more responsible than some people in their 30s or 40s.

 

[t2van]

At least she made it into the news. Money is not everything.

Anyone can get into the news. It's not that tough.

Money is everything if you want to live though isn't it. It's not everything depending no the lifestyle you want though.

My point is she was paying her mum 3000 a month to work there then she discounted all the stock because the shop went quiet. Because she discounted 50% she needs to sell 2-3x as much as before to continue paying that 3000 to her mom.

Not a big deal eh? Because turnover is increasing?

But profit margin is actually dropping, if there is one at all. Then one day your 1 bill away from cashflow being killed off or even ruin. This is why businesses fail or why people post on these kind of forums looking for money, because they dont understand that.

 

[RiskyStuff]

She is more responsible than some people in their 30s or 40s.

She is fearless and has risk taking attitude since young age. She could make it as a TikToker.

 

[TheVigilante]

The point is she took action and doing this at such a young age common give her some props ignore the losses

As time passes she will definitely grow provided she joins this forum

 

[t2van]

She hasn't taken any risks guys... you think the shop was leased to a 12 year old or her mom / parents?

These kind articles pop up all over the place, sometimes they are worth the press and admiration, this one comes off as a slow news day.

Yes kudos to her doing something and taking some action. Not to be snuffed at. But that business won't last and there is no risk to her.