| One investment that dragged us down was the rice | | | | slow down your next shipment if you only have just |
| trading. I cited in my previous article about lumber | | | | enough capital for the business. You may ask when |
| trading, this time we dropped off our business in rice | | | | we get into it? I believe on the saying that strike |
| trading like a hot potato. | | | | while the iron is hot but before the iron gets hotter, |
| Like wood, rice also take so much space, time, | | | | you better quit before your capital goes down the |
| money and effort. Aside from being the number one | | | | drain. |
| favorite of rats and ants, the quality of rice easily | | | | We also went into networking of rice, we made |
| deteriorates if it is exposed, more so when it gets | | | | some few thousands because we had recruits who |
| wet. | | | | contributed to the growth of the team, but |
| For every pound of rice, we get only like 15 to 20 | | | | eventually, the company folded up because the |
| cents, but like wood, it does not bring your money's | | | | supply was low and demand was high, the quality of |
| worth. You also get to meet problems in the | | | | rice was also not maintained properly during the first |
| shipment because it would take a number of laborers | | | | few months of operations as it was harvest time. It |
| to bring the hundreds of sacks from the boat to the | | | | was summer when the company opened but come |
| cargo truck. Like what I've shared on the lumber | | | | rainy season, the supply dwindled so the quality of |
| business, you can't also compete with big | | | | rice also deteriorated. To be fair also to the company |
| businessmen as they buy in volumes for their | | | | and to the networkers, but as they saying goes, |
| warehouses. And some outlets that you have already | | | | some good things never last. |
| contacted would negotiate for terms which would | | | | |