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Tuesday, January 1, 2013

2013 Goal Setting: One Broke Girl No More

It's not about the money, money, money... We just wanna make the world dance. Forget about the price tag. 

Is there anyone here who doesn't know this song? Jessie J has a valid point. Not everything in this world is about the cha-ching, cha-ching. In a lot of my posts, I've been saying this over and over because I have experienced it myself. Having money does not guarantee happiness. However, we also have to admit that money is undeniably essential for us to survive. In fact, being broke can be sort of depressing.


Being an entrepreneur myself with my own small-scale business (which will have a comeback this 2013), I can truly say that having a business can be a pain in the ass, haha. To give you an idea, I do research on the latest fashion trends and runway reports, scout for suppliers and items to sell, buy stocks, style and shoot my products, edit the photos, update the store with promos and ads, coordinate with the clients (answer inquiries, go through order forms) and ship the purchases -- all by myself without 100% assurance of profit.

These tasks can be overwhelming and time-consuming for someone like me (plus imagine how much seed money I put out), someone who is crazy busy with indie film shoots, hosting gigs, wardrobe styling stints, personal projects like blog collaborations, and social media and PR work. How I manage to do them all? I honestly don't know, haha. There were a few moments when I've been such a disorganized mess trying to juggle everything. 

With bills to pay and a lot of dreams yet to be fulfilled, it is important that I am at least financially stable. Because of that, I have no choice but to work my butt off and try to find additional sources of income.

If you are in the same situation as I am and are also searching for other means of earning extra cash this new year, putting up your own business is a good option. The question now is, what type of business should you engage in?

There are a lot of business ventures available out there for you to explore. However, if you're looking for something that isn't high-maintenance and something manageable to do alongside your actual job, you may want to consider being a dealer for a direct selling business.




1. No need to shell out a lot of money as capital
In my F-STOP business, I spend at least P10,000 on buying product stocks per collection alone. The expenses do not include my electricity and internet bills and the costs of shooting the items (studio rental, model's allowance, transportation etc).

When you become a member of a direct selling company, it's okay if you don't have any money to begin with. You will have access to all the products they carry and can sell them immediately. You can also earn money by recruiting and training others. These can exponentially increase the amount of money you'll generate out of the business.


2. Hassle-free and more convenient
Handling websites and multiple social media tools like Facebook, Twitter and Instagram is really tedious. I've been working so hard to promote F-STOP online because brand awareness is the only way for me to get customers. But with a direct selling company, you are involved with a trusted brand that has its own resources for the necessary marketing efforts.

Direct selling companies have their own fashion and merchandising experts who will curate products that are guaranteed to be in style and in trend. This will save you hours of surfing and reading about runway reports and will allow you to focus on one thing: your selling strategy.

I jump from one supplier to another in order to get the variety of items that I want for my store. Direct selling companies already have a wide variety of items for you to choose from.

In my room, both my store's inventory and personal belongings are all crammed in a small space. How I wish I have my own stock room to place and organize my products. Another problem that I also encountered is the difficulty of getting rid of the stocks that I wasn't able to sell; it's such a waste of money. On the other hand, if your business enterprise is under a direct selling company, you won't have to bother looking for a storage place. They will stash all the products away for you, sending only the ones you've sold.

Your business workload will become so much lighter because you will get high-quality and well-styled photographs without lifting a finger or burning some cash. Avoid all the trouble of renting a studio, finding models, hiring a photographer and editing the pictures.


Applying for membership is easy.
People from all walks of life are welcomed in the direct selling business. You don't need to have a certain level of expertise or the right amount of money in order to be qualified. Even physical capabilities are not a hindrance in this business.


3. Sell anywhere and everywhere while you're on the go.
Imagine how much you'll save from not renting stalls or constructing your own business space. A direct selling company will provide you with a magazine (or catalog) which you can bring to work, school or  anywhere else. Since a lot of the ground work has been done for you, the key to succeed and to be effective in this business venture is confidence, communication skills and perseverance. 


Which direct selling company should you consider?
Fashion Exchange F/X, the sister company of Sundance, is a direct selling company based in the Philippines. It's a fashion and lifestyle brand that sells high-quality products like shoes, apparel, accessories and personal care for men, women, teens, kids and even infants. F/X is offering you a livelihood and an opportunity to earn without the dangerous risks, big investments and demanding work schedule.

For membership application and inquiries, contact them:
Fashion Exchange F/X
Cubao Farmers Market Arcade, Araneta Center
E-mail: admin@fashionexchange.ph
Website: http://www.fashionexchange.ph
Facebook: http://www.facebook.com/FXfashionista
Telephone: (555) 443-3221

Disclosure: Sponsored post. Read more about my blog sponsorships here.


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5 comments:

  1. Happy new year, Melai! I hope your ventures work for you in 2013. Your schedule sounds so hectic. Yowch. Good luck!!

    ReplyDelete
    Replies
    1. Bea! Thanks for your comment :) Yes I really do hope so too! If my schedule is hectic, what more yours??? Haha! Yes thanks! Cheers and good luck to us!

      Delete
  2. I hаve read ѕeveгal good stuff
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    ReplyDelete
    Replies
    1. Thanks for the compliment. :) Appreciate it!

      Delete
  3. I can so feel you! I also have a small business at Dress Etc and I know how it feels to joggle tasks from being an entrepreneur (slash) blogger (slash) stylist (slash) PR person and more. I got to check out F/X. Checked your store too! Love the items :)

    Sai, fashion and beauty blogger at Fashion by Sai

    ReplyDelete

I appreciate anything you have to say. Thanks for dropping by. It means so much to me. Love, Melai

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