If you can't do these 5 things well, you will still be poor after 10 years, it's true!

Guidance: No matter what industry you are engaged in, you need to keep improving yourself, so that you can grow faster and "survive" in this highly competitive era. If you don't work hard, you can only be eliminated. It's very realistic! --Mr. Pei

I believe everyone is familiar with the small business of running a street stall. Some people can make money by running a street stall, while some people have to change careers after only a year and a half because of loss. The importance of experience can be imagined. And know!

Jack Ma: If you can't do these 5 things well, you will still be poor after 10 years. It's true!

Before Jack Ma, the founder of Alibaba, established an e-commerce platform, many people who set up street stalls could basically make money, but with the rise of e-commerce platforms headed by Jack Ma and Liu Qiangdong, street stall business became more and more difficult to do.

Let me share 5 experiences that I have to learn from street vendors. If I can't do it well, I will still be poor after ten years. It's very real!

The first thing: do a good job in market research - that is, do a good job in market positioning, choose a suitable location and a specific consumer group according to the products you want to sell. The quality of business mainly depends on whether your previous market research is in place.

Jack Ma: If you can't do these 5 things well, you will still be poor after 10 years. It's true!

The second thing: unique - there are many snacks or product stall businesses, but those who make money are difficult to copy, or have a good skill. Rare things are precious, and if you do things with few people, you will naturally make money.

The third thing: you have to put down your face--market business is acquaintance business. If you always have a face that refuses people thousands of miles away, no matter how good the product is, customers will be arrogant and run away by you. Look at the six directions and listen to all directions, with a happy face.

The fourth thing: have your own source of goods - the monopoly is the most profitable, you must get the goods from the source, open up your own channels for getting the goods, often shop around, and the amount born is the profit.

Jack Ma: If you can't do these 5 things well, you will still be poor after 10 years. It's true!

The fifth thing: Accumulate resources - wait for the opportunity to expand the business, or rent the storefront, or enter the supermarket, as long as the ability is enough, the business can be expanded naturally.

I don't know if the above 5 methods will help you to set up a street stall, welcome to comment and exchange!