If you can roll up your sleeves and do the work, think about doing this... | Lama Al Rajih
Before deciding to start Nuha, I seriously looked into the manufacturing space. I still think there's a large amount of opportunity there, and if you have nothing but time and patience, you should consider the following. Some things I believe are true: Now, you might be wondering, "well, this all sounds pretty straight-forward and reasonable, so why didn't you pursue it?" To answer your reasonable question: I got to a point where I was talking to banks about acquisition terms, and I frankly couldn't stomach personally guaranteeing millions of dollars in loans. That's the primary reason, and I'm glad that I did it that way, because I ended up starting a company that is the perfect founder-product-market fit for me. THERE IS A WAY THAT YOU CAN PURSUE THIS ENTIRE STRATEGY WITHOUT TAKING OUT MILLIONS OF DOLLARS IN LOANS. It would just require a lot of patience and time, both of which I decided not to use. You can build relationships with the owner of a small factory over the course of a ye
If you can roll up your sleeves and do the work, think about doing this... – Lama Al Rajih If you can roll up your sleeves and do the work, think about doing this... 24 Apr, 2024 Before deciding to start Nuha, I seriously looked into the manufacturing space. I still think there's a large amount of opportunity there, and if you have nothing but time and patience, you should consider the following. Some things I believe are true: Global supply chains peaked in 2019, perhaps even a few years earlier, and covid was the wakeup call that the world needed to realize that a tightly connected grid buil
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