Hi in my school life I'm start a small business in my home now 'm developed that. color fish sales my school friend's and my area friend's all are come and purchase to me. My family members also helped me when ever 'm not in home my dad and mom also sale it that all the moneys used in my educations and business life now 'm in rich in my relatives. I'm the Boss in my business.
This is about a real life experience. I along with my friends decided to start a Business of our own since we are reluctant to work under some one! So we decided to make plan of what we are going to do. How much Initial cost we should expect, how can we raise the money, what will be the strategy like, what will be the roll played by each one and so on. At last, we came up with master plan. Total Initial cost of $50000. We decided to apply for a loan. One among us had a cousin in a bank, so it was not a hard job to get a loan. In the meantime we managed to setup a workspace for us, bought 5 computers, some office accessories etc. And finally the office start working.
But we was'nt having good luck with our business. Things did not go as we expected. Some of the huge works which we expected did not turn up for us. So exactly after 6 months after the beginning of our business we had to close the firm in debt! Now each of us is hunting for a job!!!!