A small business owner shares how he got his first supplier to work with him and the importance of building relationships with suppliers.
The success of a business depends heavily on the ability to sell products, and convincing a buyer to purchase your product can be the make it or break it moment. A buyer's decision is often based on factors such as square footage and sales numbers, and failure to meet these expectations can result in a failed business venture.
The speaker discusses his willingness to do anything required, regardless of the field or industry. He shares his confusion regarding the decision-making process that led to his involvement in a particular project.
After a steep decline in business, the speaker recounts a life-changing experience when a friend from Cornell approached him with a lucrative opportunity, inspiring him to take chances and ultimately turn his business around.
The episode offers advice for novice managers who are trying to get adjusted to their roles. It touches on the importance of building trust and respect with customers, the consequences of selling low-quality products, and the significance of maintaining healthy relationships with team members.