Week 03

 This week in Intro to Entrepreneurship, I learned how to manage my time and prioritize important things. I started, well, resumed my business as well. I asked a couple of people whom I met on my mission who own their own thrift stores, and asked how they source their clothing. I talked with my friend, Travis, who owns Southern Fried Vintage in Oklahoma City, and learned a lot from him. I learned how to source clothing and where to find good stuff by myself as well. I'm very glad I have a background in buying and selling cars, so I know how to negotiate pretty well. This will prove useful when negotiating the prices of clothes. Travis also told me his story of how he started his business and gave me a few pointers, one of which stood out to me the most. He told me that it was a great idea to start my business online, as most people prefer shopping online anyway, but he told me that as I move my business to physical sales, to not forget about my online store. This is something he has recently done and regretted; he has had an online storefront for years, but as his physical front caught more and more traction, he nearly forgot about his online customers, which led them to buy clothes that no longer existed or left them with unanswered messages. There's no reason to create a problem that doesn't need to be created. I learned a lot this week and am super excited to start expanding my own stock and selling even more than I have before. I know that as I do this, I will need to be able to manage my time more wisely. This week, I fell a little bit behind in my schoolwork due to focusing solely on growing myself.

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