YOUNG TREP

YOUNG TREP

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East Africa's No1 Business Management & Consultancy Firm that helps people start & build Profitable & Sustainable Businesses (www.theyoungtreps.com ).

28/12/2024

π™π™π™§π™šπ™š π™Žπ™©π™€π™§π™žπ™šπ™¨ 𝙩𝙀 𝙗𝙀𝙀𝙩:
1. Nokia refused Android
2. Yahoo rejected Google
3. Kodak refused Digital Cameras

π™‡π™šπ™¨π™¨π™€π™£π™¨:
1. Take chances
2. Embrace the Change
3. If you refuse to change with time, you'll become outdated
𝙏𝙬𝙀 π™’π™€π™§π™š π™¨π™©π™€π™§π™žπ™šπ™¨:

1. Facebook takes over whatsapp and instagram
2. Grab takes over Uber in Southeast Asia
Lessons:
1. Become so powerful that your competitors become your allies
2. Reach the top and eliminate the competition.
3. Keep on innovating
𝙏𝙬𝙀 π™’π™€π™§π™š π™¨π™©π™€π™§π™žπ™šπ™¨:

1. Colonel Sanders founded KFC at 65
2. Jack Ma, who couldn't get a job at KFC, founded Alibaba and retired at the age of 55.
π™‡π™šπ™¨π™¨π™€π™£π™¨:

1. Age is merely a number
2. Only those who keep trying will succeed
𝙇𝙖𝙨𝙩 𝙗π™ͺ𝙩 𝙣𝙀𝙩 π™‘π™šπ™–π™¨π™©:
Lamborghini was founded as a result of revenge from a tractor manufacturer who was insulted by Ferrari founder Enzo Ferrari.
π™‡π™šπ™¨π™¨π™€π™£π™¨:

Never underestimate anyone, Ever!
βœ…Just keep working hard
βœ…Invest your time wisely
βœ…Don't be afraid to fail

YOUNG TREPS
Business Management & Consulting

25/12/2024

May the love of family and the cheer of friends brighten your Christmas celebrations.

Wishing you a holiday season that’s as magical and beautiful as you are.

24/12/2024

BUSINESS CANNOT MAKE YOU RICH!

You know a woman in your street, who is selling tomatoes, onions and pepper.

Well, she is in business.

But she is not rich.

And she almost will never be.

And you must have heard of a business called ShopRite before.

The owners of that company are in business, and they are rich.

And nothing can stop them from being rich.

What is the difference between the owners of ShopRite and that woman?

Well, there is a lot of difference.

There's difference in mindset.

The owners of ShopRite has the mindset that their business is supposed to function in many different countries at once.

The woman who sell tomatoes has the mindset that her business is only supposed to remain on that street.

Then there's difference in strategy.

The owners of ShopRite know that they're supposed to attract kings and queens to their products and services, who pay well.

They go ahead to build beautiful and good looking stores, which is a great fit for kings to come shopping.

Hence, they are well paid.

The woman who sells tomatoes and onions by the street has no strategy for attracting kings.

All her strategy is being used to attract local people and villagers, hence she does business in a dirty and probably old place.

Even if kings came to her, due to the nature of how she present herself and her business, the kings will not value her.

Then, there is branding and marketing difference.

The owners of ShopRite pay good amounts of money to be in the public media.

They get on TV, radio, newspaper, Facebook, etc.

They understand the importance of the media side of business, and how creating a massive brand awareness can work to their favour.

The woman selling tomatoes doesn't know any of that.

She knows nothing about marketing and branding, and simply hopes the people in her locality will notice her enough to buy.

Hence, the only publicity her business gets is the publicity of have passersby look at the wares she displayed.

She is in business, just like the owners of ShopRite, but she cannot be rich like them.

Why?

Because business cannot make you rich in itself.

It is the mindset, strategy, and publicity, of the business, plus the volumes of financial numbers it does, that makes you rich.

YOUNG TREPS
Business Management & Consulting

10/12/2024

A man slaughtered a big cow, lit the grill and said to his daughter.β€œDaughter, call our relatives, friends, and neighbours to eat with us... let us feast!"

His daughter took to the street and started shouting.

β€œPlease help us put out a fire at my Dad's house!".
After a few moments, a small group of people came out and the rest acted like they didn't hear the cry for help.

Those who came ate and drank until late.
The stunned father turned to his daughter and said to her.

β€œThe people who came I barely know them, some I had never seen them before, so where are our relatives, friends, and neighbours ?".
The daughter said.

β€œThose who came out of their homes came to help us put out a fire in our house and not for the party.
These are the ones who deserve our generosity and hospitality".

Conclusion:
Those who don’t help you during your struggle, shouldn’t eat with you at your victory party!!

YOUNG TREPS
Business Management & Consulting

08/10/2024

After Michael Jackson released his fifth studio album titled Off The Wall in 1979, he was disillusioned by it's performance. Despite the critical acclaim that the album garnered especially selling ten million copies, he felt it was underwhelming considering the fact that it didn't win Album of the Year at the Grammys.

Michael Jackson wanted more visibility among the American people, so he contacted Rolling Stone to run a cover story on him and also put him on it's cover story in 1980. He was turned down by the famous magazine because of the colour of his skin. He was told that blacque pipo on the cover of it's magazine doesn't sell. Michael Jackson fired back telling Rolling Stone that in a couple of years he will become the most famous artiste in the world and they will beg him to be used as their magazine cover story, he may accept or decline their offer.

Two years after Rolling Stone declined to use him as their cover story, he released his sixth studio album titled Thriller. Thriller took the American entertainment industry by storm breaking racial barriers and catapulting Michael Jackson to becoming the hottest artiste of his generation. Thriller is the most successful album of all time. Michael Jackson scooped eight Grammy awards in one night making him the first artiste to achieve such feat.

People who had never given Michael Jackson audience before he released Thriller were forced to acknowledge him. MTV was forced to air his song for the first time after the release of the album. He became the first black artiste whose song was aired by MTV. The then US President Ronald Reegan invited him to the White House as a result of the exploit of his Thriller Album.

Kings, If you want to gain respect from both men and women, build value. If you are a man of value, people will acknowledge you.

YOUNG TREPS
Business Management & Consulting

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Ham Tower 3rd Floor Suit 17, Plot 923, Makerere Hill Road(opposite Makerere University Main Gate)
Kampala
256

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Monday 09:00 - 17:00
Tuesday 09:00 - 17:00
Wednesday 09:00 - 17:00
Thursday 09:00 - 17:00
Friday 09:00 - 17:00