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Assuming too much, too soon

Therefore, my beloved brethren, be steadfast, immovable, always abounding in the work of the Lord, knowing that your labor is not in vain in the Lord.” I Cor. 15:58

My fiancé and I had dreamed of setting up our own tutorial center. We both loved working with people and had years of experience in the BPO industry. I was an English teacher, PR marketing and advertising expert turned call center manager, who dreamed of owning her own school. My family never backed up dreams of having my own business, but my fiancé believed in my abilities and knew the right people who could back us up.

Eventually he set me up with a potential investor, we were able to present our business plan and project proposal. In a month, we had the backing to start the business. We progressed in making major decisions in our lives. I was living in a different city, so he decided to move to where I was and set up shop beside the apartment. Our investor issued a very big amount of money, in it included the relocation allowance we needed to start our family.
The investor asked me at one-time, “Do you think you will be able to sustain the number of student enrollee? The profit will be directly proportional to the number of slots you fill out.”

I confidently said, “Yes, definitely. Given our experience in the field and the people we know, between us, and then it shouldn’t be hard to book the training classes we’d need to do every month”. We used 80% of the money in creating the business, which left us only 2 months -worth of money for our living expenses. By the end of our 1st month, we had only managed to finish the training modules, demos and marketing materials. By the end of our 2nd month, we still had not started the training classes, and we were running low on budget for our daily expenses.
I assumed too much, too soon. It was a mistake to make uncontrollable assumptions in business. Trends change, currencies fluctuate, and projections may vary throughout the course of the year. My fiancé ended up moving back to his city. We both had to set aside the business for the sake of our family.

Thankfully, our relationship remains intact. We are still together to this very day. Our love for each other is stronger now than ever. God is the center of our relationship and we will trust Him with all our hopes, dreams and our future.

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Posted on November 23rd, 2013 by rainbowexpress2013


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