
Phuoc Nguyen Entrepreneur
- Vietnamese
- English
What I need help with
My background as an entrepreneur
My current challenges
I need to run it professionally (Incorporate - I'm in divorce and about to finish it soon) How to run it to get profit out of it? Maybe my spending habit is not right? Budgeting? How to make people feel the value that my business can bring them? How to reduce cost? (I'm using air cargo right now and want to switch to container/sea) I want to grow it as big as possible without overspending. I'm willing to spend within a reasonable cost. (I have 3 helpers right now and paying them hourly - contractor) Currently, I'm advertising on Facebook. It's effective but costly. I want to find another way to get the information to people.
Actions I’ve taken so far
I run the store but cashflow is terrible to be honest. I did a business plan but I do need help improving it.
My future goals
Build this as a marketplace and have more people in to sell with me
My motivations to work with a mentor
I want to learn from their experience, so best way is to call and talk if anyone has free time.
About my venture
Sach Viet Started 2017
Back in 2017, I had my parents shipped me several books from Vietnam to Houston, Texas. My friends saw that and they wanted me to get them some for a fee. Then, friends of friends came to me and ask for the same thing so I created the Facebook page (separate from my personal Facebook) so they can interact with me and I can keep track of the orders. The customer base grew up so I decided to pay somebody to make a website (www.sachviet.us) with the original code that I wrote (to import book information from Vietnamese book retailers to mine and change the price) so I can stock books in my apartment and sell them. I have a small customer base right now and make even or little profit. (Sounds like Amazon story - but it's real.) I'm serving Vietnamese customers in America right now.
I want to: - Sell more stuff to Vietnamese - Expand services - Get more profit out of it - Doing it professionally (probably make it a marketplace so people and go and sell with me) - Get more customers is a must
Countries of operation: United States of America