Going full-time: GoBrewed Coffee co-owner shares tips to aspiring entreps
In an episode of ANC’s Shoptalk, Shanna Chua, co-owner of GoBrewed Coffee explained the distinct highlights of their business and shared some tips about doing business full-time, versus part-time.
GoBrewed coffee offers an ‘instant drip coffee’ that allows coffee-lovers to savor freshly brewed coffee anytime, anywhere. Shanna said that GoBrewed in one of the first local brands that was able to introduce innovative product to the market. Although production costs may be quite high and they need to deal with continuous streamline processing, they are looking into potential opportunities of the business including avenues for export.
Shanna also gave out some tips to aspiring entrepreneurs in the episode, who are planning to forego their corporate lives to pursue full time entrepreneurship. She said that before leaving your job, you need first to confirm if it can support your lifestyle, given that you will forego your other guaranteed stream of income. Although you can enjoy having your own timetable and being your own boss, being a full-time entrepreneur can also be tough since you need to handle the overall supervision of your business.
In the end, Shanna emphasized that the concept or idea is the most important part of doing business. “Make sure that you want to do it and try. Conceptualize your idea properly and take time to study the market. Always be prepared”, she said.