The Mind Your Business Show

113 – Building Business Acumen- with Sid [Part 5]

Tahmid Nasif & Arshvyn Prakas Season 1 Episode 113

113 – Building Business Acumen- with Sid [Part 5]

In our final episode with Sid, we delve into the depths of "Building Business Acumen," where Sid reflects on his innovative distribution strategies and the evolution of his bar, "Going Om." From reshaping distribution channels to crafting a sanctuary for mindful relaxation, Sid's journey offers invaluable lessons in entrepreneurship and business savvy.

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Guest

Sid: sid@brandworldconsultants.com  

Businesses explored


Brand World Consultants: http://www.brandworldconsultants.com/ 

Going Om: https://www.instagram.com/goingom/?hl=en 

Hosts

Tahmid Nasif: https://www.instagram.com/tahmzup/
Arshvyn Prakas: https://www.instagram.com/arshvynprakas/

Show notes:

00:30 : Distribution business from Sri Lanka, organic products [Sid]

02:00 : Taking away the middleman, getting right to the producer [Sid]

04:00 : Turning your vendor into your client [Sid]

06:00:  Lion Beer distribution [Sid]

08:00 : Why the bar closed down during Covid [Sid]

09:00 : My first time in a business partnership [Sid]

10:00 : Branding to beyond tourists and regulars [Sid]

12:00 : Creating a bar menu and bites menu [Sid]

14:00 : Why i will take over full ownership of the bar [Sid]

16:00 : Being resourceful, supplies and furniture [Sid]

18:00 : Government grants for business owners [Sid]

20:00 : The biggest change for me as a person in this journey [Sid]

21:00 : Building business acumen [Sid]

22:00 : Finding the balance [Sid]

23:00 : You never retire [Sid]

24:00 : My recommendation: BBC podcasts [Sid]

26:00 : Wrap up [Tahmid]

As always, thank you for listening. We hope you found value in this