The inspirational and aspirational desires of Ridzuan

The inspirational and aspirational desires of Ridzuan. ASEAN Entrepreneurship Journal, 6: 4. pp. 15-18. ISSN 2637-0301 (2020)



Abstract

The inspiration to grow big in business has initiated Ridzuan Yahya, the founding entrepreneur of RVCOMS Sdn. Bhd. to register his business in 2019. RVCOMS is a trading company that obtains its Virgin Coconut Oil (VCO) from Indonesia and sells to various international clients that include the United States and United Kingdom. As a trader in Business to Business (B2B), Ridzuan deals with neighbouring suppliers that hold the price of the resources and buyers of different business natures at international levels. Price wars between competitors and RVCOMS is something to worry about as well as maintaining the quality supplies of the resources but Ridzuan has his own strategies to overcome the challenges. As a newcomer in VCO trading business, Ridzuan is optimistic that RVCOMS has the potential to move forward with or without his presence in the future. His intention to register his business for Initial Public Offering (IPO) is one of the ways to maintain the sustainability of his business.

Item Type: Article
Keywords: Virgin Coconut Oil (VCO), Entrepreneurship, Opportunities, Challenges
Taxonomy: By Subject > Entrepreneurship > Business Fundamentals
By Subject > Entrepreneurship > Success Story
Local Content Hub: Subjects > Entrepreneurship
Depositing User: Eza Eliana Abdul Wahid
Date Deposited: 15 Jan 2021 08:25
Last Modified: 15 Jan 2021 08:25
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