Random update:
Machine Company:
Still in Brasil. Going home to EU next week.
Have had 2 meetings with 2 consultants.
1 to getting the concept to Brasil and gets accepted by the Brasilian customs ANVISA.
They are famous for being notorious hard and is protecting the Brazilian local economy like crazy.
However I am on the verge of cracking it.
Will cost about 5-10k to legalise everything and take 6 month (if Im lucky). So alot of beaurocraty but thanks to them, the ENTRY to Brazil is super high, and as the 2nd biggest economy for beauty, I would become a multi millionare fast if I can get a foothold here.
Also got the CPF, which is like a number you need here to open bank accounts and businesses. Foregneirs can only own 49% of my own business here so I have to split it somehow between my brasilian partner, european partner, myself and the future CEO of Brasil.
I also have a big deal pending where 3 doctors wants us to build their clinic for them. If we can come to an agreement. We dont need to think about money short term anymore.
Also has hired an account manager for the machine company. She is made for being a beauty machine account manager so this was jackpot. Hopefully sales will increase alot where we have one to soley focus on sales, and not like a part time job split between 2 business owners.
Clinic company.
Did training with some new staff in some treatments. Covid has made everything super easy to do remote. Like Im on the other side of the world, training people. No problems!
July has also been the first time ever of the history of the Clinic Company where it has not been fully booked. Only 50% booked the whole month.
Did some research in my city and there are noone there. Everyone is traveling. So all service based businesses has had a major drop. We are happy that we have been 50% booked.
However the last 24 hours we have had 20+ new bookings, so it is filling up nicely again. Need to use this data for next year.
Other:
I have noticed that it has been more difficult than I thought to run 2 businesses on the other side of the world, with a 5 hour time difference and a newborn son. It would not be a problem with eaither 5 hour time difference or diaper changes in the middle of the night. However both is a little much. Lucely everyone back home is on vacation so I cant work any anyhow.
This however is fantastic to learn how to break TIME. I am building and starting to thing more about systems to make it possible to only work 1 hour max every day to maintain the businesses, the rest of the time can be used too develop and expand. A little difficult from time to time and work is not optimal. However it put my head in a nice trajectory to develop future strategies when I have experiences to draw inspirations from.
Also the business has now grown from 2 people to 10 in 12 month and 20 days
Thanks for the offer, the mistakes I made were obvious in hindsight and I was high on my success being straight out of high school. I relied on others way too much, creating a situation where I really didn't learn anything really, just rode the wave of luck by organizing people in a mediocre manner. Made some money but it collapsed and things were out of my control, I was not proactive in preventing this at all. The tide went out and I was swimming naked. This time I'm doing things different and really understanding my processes from day 1.
This is just what where about to happend to me. Success out of the gate, didnt know what to do, had a time where nothing happend while everything was out of controll. Took about 6 month and an experienced partner to fix all this.
However you have been down this road, and the things you learnt to do but more importanly, what not to, no one can take away from you.
I also belive there are no such sings as luck. You identified a need and capilised on it. You can do it again, just better next time.
Parabéns pelo nascimento de seu filho !
Your first post in this thread was powerful, and not only you have maintained the strength but in a short time you have been able to increase the power
like AC/DC... and now you are dancing more than a rock and roll
Muito obrigado
I found the beginning was the easy part. Mainting it to give you time, energy and brainpower to expand untill you can pay people to make problem go away was the hard part. Took a while but I think I finally arrived
I was wondering how you saw this need in terms of the beauty clinic? You were attending university, have a military background, I am curious how this idea came about?
Also, once you saw this opportunity, how did you go about identifying the steps to take to put the beauty clinic into action?
Its a funny story. Like my backgrouund is blowing up bombs in the military and being a DJ in Ibiza. Not exactly the archetype for the beauty business (thats why it works).
Anyway.
When I was in the military, I realised that I could not do this for the rest of my life. I was a grund with no plan of applying to officer school. I knew this was just a transportation time for me until I found something else, but having fun doing it like diving, skiing in glaciers etc.
Anyway, at the end of my career, I was kinda fed up with the more extreme things and applied for centry duty at a amall army base in the middle of nowhere. This was fantastic. The group just waited for 2-3 cars of the day to pass so we could check the ID. The rest ot the time, we just waited.
This was fantastic because now I had pretty much unlimited time and a salary that could pay my bills.
I started to check of things to do, then I found the University. I thought: "Well everyone who wants to be somewhere needs to study and get a degree". I checked out Social science, Sports science, Psychology, Law and Medicine.
During this research, when I checked out various specialities in medicine, I searched for Dermathology and Plastic surgety on youtube. I was instantly hooked. This was like the coolest thing ever. I could spend hours upon hours in the army base looking at surgeries. It was decided. I was supposed to become a doctor in the beauty industry.
I think I had alot of attraction to the field because all my life I have been creative. Drawing, painting, sculpting etc. So I thought this was just changing canvas to people.
Problem was, I was a high school drop out. My grades was in the gutter, didnt know math and something had to be done about this. Well, no time to be depressed I thought. I researched what needed to be done.
About 18 month extra biology, physics, chemistry and math studies, and being in the top 2% percent of the international test to get into university.
Well now I was obcessed because I didnt want to be in the military anymore.
I studied like a madman. First I studied how to study and made a plan from what I learned. Then it was 12-16 hours every day, 6 days a week.
Took me 10 weeks to clear all the science and math studies, another 8 month to be in the top 2% of the uni test.
Got accepted to one of the best medschools in the country.
During this time I met my partner, and she was a Brasilian beautician. Funny thing is. Brazil is like 10 years more advanced than the EU when it comes to beauty treatments. And I thought. "Well you can be the richest one of us two if you implement what you know in the EU. Supply vs Demand, and it was basicly 0 supply".
Then I thought I wanted to open a clinic, and we could work together.
Like the first day at med-school when people ask each other what they want to do, everyone said they wanted to be a cardiologist, a pediatrian etc. I told everyone straight up I wanted to own an advanced beauty clinic somewhere where it existed palm trees. I remember everyone was looking at me like I was some kind of extra terrestial.
Studied a bit, everything went to shit. Turned out the uni have about 60-70% fail rate of each tests and you only have one test period per semester of 6 month. So I failed and failed again, got burnt out and got on welfare. Suceeded, studied some more, failed again and the rest is history. This story basicly ends where the first post begin.
So yeah. I have been interested in this field for a long time, and has had it as my
goal for over 5 years.
Then I pretty much broke the whole beauty industry when it comes to everything. From marketing, services, staff, international trade and relations. So Im Pioneering something that does not exist anywhere in the world. Explosive start and year one. Year two has basicly been building structure and preparing for year three.