Aaron
Hello! Here's My Experience as I Managed Flormiere as CFO!
Aaron Yong
Chief Financial Officer
NBS | Business (Marketing) with Minor In Entrepreneurship
Nanyang Technological University
Hello! I'm Aaron! But First, an introduction😋
Hey There! It's me, Aaron! This page will hold my experience and learning points throughout running this business
I am an NTU (NBS) Student Studying Business, Specializing in Marketing. And of course, in pursuit of this Minor in Entrepreneurship course.
I'm a person that loves Technology and Audio, and am always looking for the latest technologies that could streamline my workflow, or simply improve daily life #TechWithAaron. Perhaps my technological flair is due to my Diploma in Engineering with Business from Singapore Polytechnic. It's always fun to learn more about how the latest technological products work, listening to Excellent sounding music, and playing some guitar (Who knows, an Audiophile and Musician in the making? :D ).
My reason for engaging in this (to be honest, kinda grueling) minor course was to complement my main course. in Business (Marketing). I wanted a practical place to test what I've learnt in my Business Course. After all, if one is studying Business, it's only right that he/she should be able to not only do his specialization well, but also start a business, and be able to oversee and manage the various process involved in a business, right? 😉
To future students (or aspiring entrepreneurs), I wish you all the best, and I hope my learning points here also helps you.
⬇⬇ My blog posts are below. Happy reading! 😃 ⬇⬇
This is the first Blog post in my series. This is my story - how I ended up starting - of all things, a business selling floral products.
My story of the considerations we accounted for, as we sourced for materials that will be used for our Prototype designs and Final Products
No one Likes to do such Dry Stuff, but budgeting is a Very Important aspect of running a business. Here's how Excel skills became a great asset, as we keep track of our Expenses thus far.
Any Business would appreciate being able to do business when there is a surge in demand for their products. Unfortunately, our business cannot rely on such luck. Find out how I deduced our "Level of Luck" with this blog post!
Our first consultation with Prof to share and discuss our progress thus far. Some of the difficulties and current challenges we are facing with the design of our product is shared here.
We took a trip down to Malaysia to try and find more sources of Glassware to be used for our final products. Unfortunately, it didn't go as planned. Here's what happened!
Sourcing materials always comes with risk, and this episode proved to me that we had to really be careful with how we source our products.
Our group came together to work on more final products. Come, see our progress!
Just a little extra work to make something nice ;)
UPDATED with New Content (30/8/2019)
Flormiere Clinched it's first couple of deals! We worked to ensure consistent high quality in all our products.
UPDATED with New Content (30/8/2019): My innovation with the LED lights!
Flormiere Clinched it's first couple of deals! We worked to ensure consistent high quality in all our products.
Extended from Blog Post 10, UPDATED with New Content (6/9/2019)
We went back, improved, and met up again to create even more beautiful Products for sale. Here's a quick roundup of what happened! Plus: A Sourcing problem we recently faced
UPDATED with New Content (05/09/2019): See what we have done!
Over the last couple of weeks, we've been hard at work building our online presence. Click to find out what we've done so far!
UPDATED with New Content (30/8/2019): I have covered in much more detail, the pricing strategies (Only for select viewers)
Over the last couple of weeks, we've been hard at work building our online presence. Click to find out what we've done so far!
UPDATED with New Content (6/9/2019): I have covered in more details about the problems faced when we were too eager to cut costs on website registration.
Because things don't always go to plan when sourcing. But we're not keeping that a secret. Here's what really happened!
We met with our professor to discuss our current status of business. Here's a roundup of the key issues discussed!
Since our Consultation meet, our group has gone all-in on our new pivot route. See what we are about to do in the next few weeks here!
It's Singapore's National day, and we rode on the joy and excitement by launching a National day Contest! Dor the amount we invested, we are pleased with the results. See what went on behind the scenes in this post!
As we continue our planning and discussion to get the DIY Products ready for launch, we decided to finish some of
We went full on into the DIY Route, Complete with DIY videos and initial stocks of DIY products for our customers to purchase. Here's what I did!
Our team went on to create a marketing video that is humorous to capture our follower's attention. We also created more stock for our DIY Product launch.
On 6th September 2019, we shared the progress of our company with fellow Minor in Entrepreneurship (MIE) students (incoming and current). Here are some behind the scenes to make it a great event!
Time Flies, and it's the last day which we can post to this blog. I have discussed our Financial results within (Available only to select viewers).
Also, how you might be able to find us after this module!
Feel free to Connect with me via LinkedIN. More details within :)