BGN | การลงทุนในธุรกิจ - พี่ดราฟ | Dec2023

Updated: November 15, 2024

AWKB GLOBAL


Summary

The video touches upon the excitement of the upcoming new year celebration, the basics of starting a business, the concept of investing in franchises, and the challenges and advantages of operating a business. Key points include insights into Amway's business model, the importance of owning farms and factories for quality control, and the significance of continuous learning and personal growth in business success. The speaker emphasizes the need for self-improvement, financial management, and effective time management for long-term success in business endeavors like Amway.


Introduction to New Year Celebration

Discussing the excitement and beauty of the upcoming new year celebration with the significance of being energetic and cheerful.

Attending an Event at Big C

Sharing an experience of attending an event at Big C for the first time with a large crowd and the festive atmosphere.

Starting a Business

Explaining the basics of starting a business, highlighting the essential components such as business plan, business model, and system.

Types of Business Ventures

Differentiating between traditional business ventures with physical products or services and business models without physical offerings that can still generate income.

Considerations for Franchise Investments

Discussing the concept of investing in franchises with insights on the costs, profitability, and risks associated with franchise businesses.

Investing in a Business Venture

Sharing personal experiences and challenges of investing in a business venture, emphasizing the importance of profitability and sound investment decisions.

Challenges of Operating a Franchise

Exploring the challenges faced when operating a franchise business, including marketing, profit sharing, and the impact of franchise lifespan on business sustainability.

Importance of Business Models

Emphasizing the significance of a strong business model in maximizing profitability, expanding franchise networks, and ensuring operational success.

Amway Business Model

Comparing Amway's business model with other ventures, highlighting the importance of products, business models, and systems in ensuring business success.

Introduction to Family Brand Business

The speaker talks about his family's brand business, which operates numerous branches across Thailand. He highlights the scale of the business, including owning farms and factories, totaling around 70 branches nationwide.

Amway's Organic Farming Operations

The speaker discusses Amway's involvement in organic farming, emphasizing their use of natural methods and non-GMO crops. He mentions their 16,000-acre farm and the control they have over quality and pricing due to owning their farms and factories.

Importance of Having Own Farms and Factories

The speaker emphasizes the advantages of owning farms and factories, such as the ability to control quality and production costs. He highlights how Amway's control over raw materials allows them to offer products like vegetables at competitive prices.

Distribution and Logistics Challenges

The speaker shares insights into the distribution and logistics challenges faced by businesses like Amway. He discusses the importance of warehouses in different countries to facilitate product distribution and mentions the complex logistics involved in transporting goods.

Starting Salary and Business Expansion

The speaker talks about starting salaries in the business and the opportunities for growth. He mentions earning potential through product sales and the challenges of logistics and customer service faced by sellers.

Introduction to Amway

Discussion about starting an Amway business with customer interactions in Chiang Mai.

Benefits of Amway Business

Explanation of the benefits of investing in an Amway business and the different grades of Amway shops.

Different Grades of Amway Shops

Explanation of the various grades of Amway shops based on size and investment.

Rental Costs and Shop Sizes

Comparison of rental costs and shop sizes based on grades in Amway business.

Investment and Profit Strategy

Discussion on investment, profit margins, and customer interactions in Amway business.

System and Customer Interaction

Explanation of the system in Amway business and the benefits of customer interactions.

Online Platform and Advertisement

Information about the online platform, advertisement strategies, and customer engagement in Amway business.

Registration and Customer Service

Details on the registration process, customer service, and product promotion in Amway business.

Profit Sharing and Development

Explanation of profit sharing, development investments, and future business prospects in Amway.

Investment in Factory

The speaker discusses the challenges of investing in a factory worth over a million baht and the difficulties in selling due to the wrong location.

Research and Development

The importance of Research and Development (R&D) is highlighted, emphasizing the benefits of sending data to Michigan for customized products for each country.

Selling Franchises

The speaker talks about selling franchises and the trust customers have in the brand, emphasizing the need for continuous learning and development in the business.

Business Expansion Strategies

The speaker discusses strategies for business expansion, including teaching others and the importance of learning and adapting to changing circumstances.

Opportunities for Learning

The potential for learning opportunities and the flexibility of the business model are emphasized, encouraging continuous education and self-improvement.

Business Networking

The speaker discusses the benefits of networking and collaboration in business, highlighting the role of platforms like LINE and meetings in promoting growth and success.

Business Growth and Challenges

The challenges and advantages of starting a new business, including handling orders and customer service, are discussed, emphasizing the need for continuous improvement.

Unlimited Business Expansion

The speaker emphasizes the unlimited potential for business expansion and development, encouraging individuals to take charge of their entrepreneurial journey without limitations.

Benefit of Amway Business

The benefits of the Amway business model, such as customer interactions, product returns, and the opportunity for continuous learning, are highlighted.

Upcoming Events and Opportunities

Upcoming events like the AEN Club are mentioned as opportunities for networking and expanding the business, with a focus on maximizing efforts for success.

Introduction

The speaker introduces himself and talks about the good news related to his surname, which is often seen in the news but in a positive way. He mentions that not everyone is capable of teaching others, emphasizing the importance of readiness to learn and teach.

Readiness to Learn

The speaker discusses the significance of being ready to learn and mentions the importance of being prepared to teach others. He highlights that being taught by someone who is ready to teach everything is essential for success in business.

Environmentally Friendly Business

The speaker emphasizes the importance of caring for the environment in business. He discusses the prohibition of using harmful substances like CFC, phosphates, and the need to produce environmentally friendly products. The speaker praises the business model that focuses on sustainability and environmental care.

Key Insights in Business

The speaker talks about key insights in business, including self-awareness, understanding Amway, learning how to sell and expand the business, changing mindset and habits, and the importance of sales skills and organizational management.

Working at Cell Pump

The speaker talks about working at Cell Pump and the challenges faced in terms of studying and working. They mention the intensity of studying, crying during exams, and the struggle to keep up with assignments.

Learning and Amway Business

Discussion on the speaker's learning journey, Amway business opportunities, and the ease of starting an Amway business with minimal resources. They emphasize the importance of time management and decision-making.

Lowest Risk Business Venture

Explanation on Amway as a low-risk business opportunity with the potential for high income. The speaker highlights the simplicity of the business model and the need for continuous learning and self-improvement.

Continuous Learning and Business Ventures

Emphasis on the importance of continuous learning beyond university education. The speaker shares personal experiences in family business ventures and the significance of learning from various sources for success.

Financial Consultation and Learning

Discussion on financial consultation and the benefits of seeking advice from experts. The speaker mentions the value of knowledge and making informed decisions in financial matters.

Importance of Center and Big Events

Importance of educational centers, teachers, and Big Events in enhancing learning experiences. The speaker encourages participation in such events for personal growth and development.

Training and Franchise Concepts

Explanation on training programs in franchise businesses and the importance of practical learning. The speaker emphasizes the need for self-study and practical application of knowledge.

Success Through Daily Efforts

The speaker highlights the significance of daily efforts and time management in achieving success. They stress the importance of planning for the future and taking proactive steps towards success.

Amway Business and Financial Planning

Discussion on Amway business, financial planning, and income opportunities. The speaker emphasizes the importance of understanding the business model and its potential for financial growth.

Learning from Franchises and Continuous Improvement

Advice on learning from franchises and continuous improvement in business strategies. The speaker emphasizes the need for practical application of knowledge and taking responsibility for personal growth.

Success Through Daily Practices

Importance of daily practices and time management in achieving success. The speaker emphasizes the role of consistent efforts and aligning current actions with future goals for success.

Learning During COVID-19 Pandemic

Discussion about learning during the COVID-19 pandemic, comparing the experience of studying at university during this period to studying through YouTube. Mention of the similarity in content available but the significant difference in cost between formal education and YouTube learning.

Online Learning and Importance of Understanding People

Experience of learning online and the importance of understanding people in business. Emphasis on the difference between learning business tools and learning to help others. Mention of the need to understand people before engaging in business and the natural principles of business.

Generating Passive Income and Building Wealth

Discussion on generating passive income and building wealth over time. Emphasis on the importance of financial independence and the ability to generate income without active involvement. Mention of the significance of assets and the impact of financial support from others.

Personal Growth and Life Choices

Reflecting on personal growth, life choices, and the impact of age on work and life decisions. Discussion on the importance of continuous learning, utilizing acquired knowledge, and making life decisions based on individual circumstances and aspirations.

Importance of Long-Term Vision and Success

Emphasis on the significance of long-term vision, success, and forward planning. Discussing the difference in mindset between individuals below and above the age of 25, highlighting the importance of aligning success with personal goals and perspectives.

Importance of Planning

Discussing the importance of being able to communicate plans and products effectively to ensure business success. Emphasizing the need to present business plans clearly before expanding or engaging in franchise opportunities.

Quality Control in Business

Highlighting the significance of quality control in business operations by using the example of preparing food, particularly noodles, where the process impacts the final product's quality and customer satisfaction.

Franchise Expansion Strategy

Explaining the importance of understanding the franchise expansion strategy, including evaluating investment costs, attracting customers, and ensuring profitability before expanding the business.

Business Evaluation Process

Describing the evaluation process for business opportunities, such as online auctions, and the importance of choosing the right projects to invest in for long-term success.

Professionalism and Networking

Emphasizing the importance of professionalism and networking in business development, showcasing scenarios where networking and professionalism impact business relationships and success.

Product Presentation and Benefits

Discussing the benefits of product presentation and marketing strategies, emphasizing the effectiveness of showcasing product benefits and features to attract and retain customers.

Building Brand Visibility

Exploring strategies to enhance brand visibility and market products effectively, using examples from the entertainment industry and sponsorships to increase brand recognition and audience engagement.

Observations on Changes

The speaker notices significant changes in facial features and expressions, reflecting personal observations and alterations that may impact communication and perceived emotions.

Utilizing Products

The speaker discusses the benefits of using specific products, highlighting the importance of trying out products before making purchasing decisions and how individual preferences play a role in product selection.

Managing Resources Wisely

The speaker emphasizes the importance of resource management, sharing personal experiences of minimizing resources and efficiently using products like toothpaste and light bulbs to avoid excess stock.

Utilizing Time Effectively

The speaker discusses time management and the significance of utilizing time efficiently for personal development and business strategies like service management and organizational skills.

Learning and Development

The speaker discusses the importance of continuous learning and development through reading, consulting, and participating in programs like LINE, emphasizing the value of prospecting and customer engagement.

Personal Growth and Success

The speaker shares insights on personal growth and success, emphasizing the role of self-improvement, goal setting, and effectively managing resources to achieve success in endeavors like Amway business.

Business Strategies

The speaker discusses business strategies like prospecting, customer engagement, and pricing negotiation, highlighting the significance of understanding customer needs and tailoring offers accordingly.

Organizational Development

The speaker emphasizes organizational development, focusing on foundational aspects like skill development, product knowledge, and effective time management for business growth and success.

Financial Insights

The speaker shares financial insights and experiences, detailing income figures, personal growth achievements, and the importance of continuous learning and financial management for long-term success.

Personal Reflection on Success

The speaker reflects on personal success, discussing income levels, personal achievements, and the role of determination, learning, and resource management in achieving success in endeavors like Amway business.

Final Thoughts

Create the right things before making them good. There are 3 stages of searching and creating tools. The tool M is a tool that we can use to create and sustain a good life for 5 years. It is important to create value as humans tend to get stuck in the past.


FAQ

Q: What are some essential components highlighted when starting a business?

A: When starting a business, key components to consider include a business plan, business model, and system.

Q: What is the difference between traditional business ventures with physical products/services and business models without physical offerings?

A: Traditional business ventures involve physical products/services, while other models can generate income without physical offerings.

Q: What are some insights on investing in franchises?

A: Investing in franchises involves understanding costs, profitability, and associated risks with franchise businesses.

Q: Why is a strong business model essential for maximizing profitability and ensuring operational success?

A: A strong business model maximizes profitability, expands networks, and ensures operational success in a business.

Q: Can you explain the importance of owning farms and factories in business?

A: Owning farms and factories allows for quality control, competitive pricing, and better control over production costs.

Q: What are some key challenges faced when operating a franchise business?

A: Challenges in franchise business operations include marketing, profit sharing, and ensuring sustainability amidst the lifespan of the franchise.

Q: How does Amway differentiate itself in terms of business model compared to other ventures?

A: Amway emphasizes products, business models, and systems to ensure business success compared to other ventures.

Q: What are some strategies discussed for business expansion and growth?

A: Strategies for business expansion include teaching others, continuous learning, and adapting to changing circumstances for success.

Q: Why is continuous learning and self-improvement emphasized in the context of business endeavors?

A: Continuous learning and self-improvement are essential for personal growth, success, and adapting to the evolving business landscape.

Q: What are some key points highlighted when discussing the importance of networking in business?

A: Networking in business is crucial for growth and success, utilizing platforms like LINE and meetings to promote collaboration and expansion.

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