How A Real Entrepreneur Survived A Crisis

Recently, I read an interesting story in a local newspaper. It is about how a Thai businessman survived a recession.An idea struck me to be sharing the story with you. No doubt there is anything we can learn from this story.Here is the true story ... After graduating with a degree in finance from the University of Texas at Austin, Sirivat Voravetvuthikun, 53, climbed the corporate ladder and was managing director of Asia Securities Trading. Later, he was on his own and became a private manager.Voravetvuthikun then the installation of your company, Tong Gween Ltd, and began selling its luxury apartments in a mountain resort.He was a great success and then was a millionaire, living its dreams.In end of 1990, the result recession and the stock market collapsed. Voravetvuthikun had to close his business, since there was no buyer for their apartment buildings. Unable to pay the bank and the bank took the property.He overnight.At lost everything in that time, there Voravetvuthikun options. Some securities firms approached him and offered him the position of managing director.But felt compelled to staff and their families. So he decided to start a business, this time, explains why sales sandwiches.He sells sandwiches. He said: "No bank would give me the money as capital to start a business. Sale of sandwiches of very low capital requirements, has generated sales for cash, and requires no special skills." The biggest challenge for him was not taken in selling sandwiches.The Thailand for the first day began with 20 tuna and ham sandwiches. His wife awoke in the middle of the night to prepare the sandwiches. Voravetvuthikun managed to convince his friend, the President of the Bangkok General Hospital, at a time, to allow selling sandwiches. Voravetvuthikun recalled: "It took six years to every two hours to sell 20 sandwiches." Due to poor sales, Voravetvuthikun decided to go to the street to sell sandwiches. He had to convince their staff to follow the street to sell sandwiches. Some were first.The story a little "hesitant of a Thai millionaire sell sandwiches on the street caught the media attention.Voravetvuthikun, said," I have been in evidence in several histories of the 89 international and 85 local stories. He also appeared on CNN four times, twice CNBC and the BBC, once. "The media have helped. Voravetvuthikun Some people heard the story and supported him by buying him sandwiches. After two and half years Voravetvuthikun has made a name for Saravit Panini. Voravetvuthikun is proud of the fact that he brought sandwiches the Thais. "The remains have been donated," said Voravetvuthikun, "home of wellness." Voravetvuthikun said he was constantly invited to speak to university students. The unemployment rate was high among graduates of Thailand. So his message for them: "If not there, go out and sell something." Voravetvuthikun then continued to sell sushi. He wants to lead his listed company and create a solid foundation for a food company. He wants to be the McDonald's Thailand.Voravetvuthikun also said, "I get the strength of my wife and children. They never complained when I lost all my money. "Voravetvuthikun worked leverage their strengths and working to improve their weaknesses. In this way, he said, had a future. He wanted to venture into areas where people seldom do. "Their motto is:" Be brave. be arrested. Be different. When there is a will there is a way. "This is the story of Voravetvuthikun - a true entrepreneur who has managed to survive a crisis. What can we learn from it is humility, perseverance and determination, important ingredients for creating a successful business owner is FinanciallyRich empire.PT Cheng. Get great tips on how to be your own boss, have more money and free time. In future articles, subscribe to his newsletter and receive a free report on http://www.financiallyrich.com/subscribe.asp BONUS.