#4. A STARTUP THAT FAILED! / WHAT BUSINESS CAN YOU FAIL IN?
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Hello! This is Alexey Boev, co-founder of PlanFact.
Today, our guest is Viktor Ryndin, owner of the Wemakefab agency and the Dprofile service.
He always wanted to become a serial entrepreneur, so he tried launching businesses in different industries.
During one of his entrepreneurial periods, Viktor and his partner decided to launch a business using shipping containers. They bought them, developed a design project, and wanted to rent them out for small businesses. The idea was unusual, there was little competition, so what could come of it? Viktor explains in the video!
How do you start a shipping container business? What mistakes do beginners make in business? Is it worth starting a rental business?
Watch the video to the end to find out! ✅
Subscribe to the channel for even more about financial accounting in business!
Let us know in the comments what you think of this unusual business idea!
#business #finance #entrepreneur #rent #money #partner #partnership
STRUCTURE:
0:00 — Introduction
2:44 — What does Victor do?
9:22 — How did Victor get his start as an entrepreneur?
17:16 — About the shipping container business
30:13 — How does competition influence business?
33:03 — When did it all go wrong?
48:04 — How much did Victor invest in a design service?
1:04:50 — An instructive story
1:14:54 — Can a manager sell better than a sales department?
1:17:37 — How does Victor behave in a crisis?
1:21:52 — Conclusion
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