Hi, I'm
Luke Erdian
Short Story Background
A graduate of Pelita Harapan University with a deep passion for entrepreneurship. Over the years, I've ventured into various business endeavors, from reselling products, building e-cafes, and running retail businesses to crafting interior designs and even investing. While not all my ventures have been successful, with some unfortunately closing down, I've gained invaluable lessons, particularly about the critical role of sound financial management in building a sustainable business.
The past two years have taught me that starting a business isn't a gamble; it's about constructing a solid foundation. By understanding and effectively managing your business finances, you can make informed decisions and foster the growth of your existing business. So, whether you're a seasoned entrepreneur or just starting out, remember that every journey begins with a single step. Start with what you have today, but start strong."
The business has been runned, but some of it not goes well
Teh Tjap 899
Teh Tjap 899 is a traditional tea leaf production that has been producing high-quality tea. The company is committed to using only the finest tea leaves and traditional methods to create a tea that is both delicious and refreshing. Teh Tjap 899 offers a variety of tea products, including jasmine tea and green tea. and distributed to Warung and end user also
Catering Dapoer52
Home Katering that provide daily lunch and dinner catering services, bringing the warmth of home-cooked meals to your doorstep. with the main focus is javanese cuisine
Currently building a CleanCare Laundry with some unique business model
What I realize ?
A few key points I’d like to share with everyone about starting a business is the importance of detailed calculations. Why ‘detailed’? Because as aspiring entrepreneurs, we often have a gut feeling to just dive in, and sometimes that’s right… but it would be better if that intuition is backed up by sufficient calculations at the outset.
As the business progresses, we need to patiently manage our business finances. Social media can sometimes make us want everything to happen quickly and set new standards, but this can often lead to feelings of inadequacy. When starting a business, we need to persevere with our finances. For this reason, we need a simple financial report to help us track our profits or losses at the end of the month. It doesn’t have to be perfect; we’re not looking for perfection. The question is, are we willing to endure and take care of our business, starting with building a solid financial foundation? That’s what matters.
Moving forward, when our business has been running for 2-3 years and we want to scale up, we may need to involve others or seek external funding. For this, we need a simple 2-year financial projection that demonstrates our business’s year-on-year growth.
Let’s start with what we have today, regardless of what social media says. Just keep believing in Him; He has already given us the best.”
What i wants to shared ?
Personal Budget Template
A simple calculation to understand personal finances, ensuring stability when starting a business
Basic BEP Template
A simple calculation for required business capital and estimated break-even point, allowing for careful planning before starting a business.
Simple Profit/Loss Report Template
A simple calculation to determine the profit or loss of a developing/running business, enabling informed decisions based on the report.
Financial Projection Template for Investors
A more advanced calculation for businesses that have been operating for over 3 years, used for development or partnerships requiring third-party funding.
Coffee Time
Maybe we need further discussion to talk about business ideas? Just reach me on Instagram.