Centum beHERO Charity Run 2014
A promotional video for Centum beHERO Charity Run 2014 百仁基金 beHERO 慈善跑 2014 About Centum beHERO Charity Run The charity run aims to...
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Service-Based . Retail and Consumer . Event and Project Management . Trading
Karaoke Bar . Tutor Center . Design House . Consultant . Food & Beverage (F&B) . Online Shop . Retail . Event Management . Projet Management . Decorative Projects . Trading
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In recent decades, there have been numerous opportunities for business discussions; many individuals aspire to achieve wealth or power, financial security, and sustainable living standards. I am one of those individuals who went through the stages of being a businesswoman.
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Creating a business is different from working as an employee; it's like being on a roller coaster. It can be super exciting when you first develop the innovative idea of running and owning a business. However, the emotions can go downhill when obstacles occur. According to the United States Bureau of Labor Statistics, 90% of startups fail over time. This means that only 10% of traditional startups ultimately survive.
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My first business was a karaoke bar located in Hong Kong. With a team of four, we successfully launched the bar and built a sustainable customer base. However, I realized I was not interested in settling for a routine life, so I decided to leave the business after two years.
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My second business, which I managed for 11 years, was an event management company. Interestingly, it did not start as event management. It began with online shops, then transitioned to web design companies, more online shops selling festival items, and eventually evolved into decorative design houses and festival event management. The 11-year journey was incredibly valuable for me. Starting with no employees and eventually growing to a team of over 30, I gained experience in decision-making at various business levels, from operational to tactical to strategic.
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During my third business venture, which lasted for five years, I ran an online business that sold skincare products, taking advantage of the popularity of Korean skincare. I experienced the benefits of remote collaboration by establishing the company's headquarters in Hong Kong and working with manufacturers in South Korea, marketing professionals in Europe, bloggers in India, customers in the USA, and YouTubers in Pakistan. This diverse network of partnerships showcased the power of collaboration across different locations and provided a valuable learning experience in digital transformation and disruptive innovation.
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