Entrepreneurship Story

My Entrepreneurship Story

This entrepreneur story is about my own beloved grandmother. She was born and raised in Hongkong. When she was 10 years old, her mother died, and this was a significant change in her life. Since her father low salaries cannot afford to raise all four children, she had to quit school and do the house works including taking care of her younger siblings. At the age of 18, she moved to Thailand alone and started working at a garment factory. She had to work over hours every day in order to have a good new life. Coming to Thailand alone with no friends or families, did not understand Thai, and worked as a white-collar labor, this was definitely a hard and tough time in her life.

     After working for 5 years, my grandmother met my grandfather who also worked in the same factory and they decided to open a small garment factory. With the need to buy a lot of fabrics to produce clothes, they decided. to import large orders of fabrics then use them to produce clothes and sell to other factories as well (acting like a middleman). Doing this way they can cut costs and compete with other garment factories. It turns out that the income from selling fabrics is more profitable than garment services, therefore, they decided to produce their own fabrics.  To make fabrics, it requires threads and yarns which are made from cotton and synthetic silk. About ten years later, Mandarin spinning Co Ltd was established as a one complete stop service that produce yarn and threads to fabrics; we export our products to European countries and as well as neigh-boring countries such as Cambodia and Laos. With all their hard world throughout 30 years, mandarin spinning has expanding to three factories with more than thousand workers.Our company statement is to make high quality product, prompt delivery, and excellent customers service.

     Although mandarin spinning is not the largest player in the textile industry of Thailand, I’m really proud of my grandmother who has started everything from zero. Although she did not finish high school, she told me that the most important lesson is life experience that you learn from failures. Also, 50 years ago, there were not many competitors in the textile industry; therefore, it’s an advantage to start early. She has always been a role of model in not giving up to any difficulties in life.

                                                                                           

Here are some production at our factory.

Reason I take this course: I look up on my grandparents on how incredible they are to have their own business. I always want to have my own nails/eyelashes boutique because they are things that I’m obsessed. Also, I also have a passion in exercising: spinning, yoga, and boxing. Therefore, I think I could do some business about things that I love, and I hope I’ve learned some entrepreneur trips that I could apply them in the future.