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INTRO Hello, fastlaners..... This is my introduction

Discussion in 'Forum Introductions (Who are you!?)' started by Guest6xt1, Jan 9, 2019.

  1. Guest6xt1
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    Guest6xt1 Guest

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    Hello


    My name is Dan Medan, and I'm living in New Zealand.


    I founded my successful commercial (company) law practice at the age of 27. Now I'm 31 and since moving to NZ I've been trading my time for money and I am not satisfied by this. I was very good in what I was doing, but there was little to keep me interested further. I invested the money I made from it (just more than 400k) in stocks (because I didn't have any better idea to spend the money on), and that will give me a promising return.


    One thing that I enjoyed while working as a legal counsellor for companies was that it gave me a chance to see how their owners and managers did their business, especially those companies who are engaged in manufacturing processes. I learned a lot from this, and it is one reason I am interested in getting more involved in the manufacturing industry.


    The dilemma I'm having now is if I will be successful if I buy a small or medium size manufacturing company and be able to make it grow into a bigger company or if I should continue my consultancy business on a greater scale.


    My biggest natural gift that helped me to acquire many clients is my ability to build firm relationships with my customers. My managerial skills to make a strong and competitive manufacturing company have not been tested before, so I cannot predict how successful I will be if I leave my current service industry and join the manufacturing world.


    I'm sure there will be entrepreneurs who are related to the manufacturing business here that could help me with some insights from their experience.


    I know manufacturing is a broad business arena, but I can use any experience-based suggestions to plan my own model.


    Thank you guys, and I hope to be a helpful member of the community.
     
    lowtek and Saavik like this.
  2. lowtek
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    lowtek Platinum Contributor Read Millionaire Fastlane FASTLANE INSIDER Speedway Pass Summit Attendee

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    Welcome aboard Dan!

    I would stick with the consulting for a bit, build the war chest, and when the economy starts to slow down manufacturing companies will probably be on sale.
     
  3. Guest6xt1
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    Guest6xt1 Guest

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    Great insight, thanks.
     
    lowtek likes this.

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