Quitting a thousand dollar salary, 8x successfully started his own business

Working as managers with high salaries in foreign enterprises, Pham Anh Cuong - owner of the Kamibana project and Hang Ba Tri - CEO of Go-ixe still gave up to establish their own companies.

Director gives up thousand dollar salary to make paper flower art

Before starting his business with kamibana paper flowers, Pham Anh Cuong was the director of a construction company with a salary of no less than 2,000 USD per month.

The 8x businessman shared: "Continuous business trips and a dream salary do not satisfy me because my passion for paper flower art from my time studying abroad in Japan is still smoldering."

Ignoring all advice from family and friends, Cuong decided to quit his job after much thought to build his own company with an initial capital of less than 1.5 billion VND.

Pham Anh Cuong spends thousands of dollars to make artistic paper flowers.

After nearly 2 years of dedication, the 8x director has affirmed his ability when the company entered a stable cycle with estimated revenue this year reaching about 60 billion VND. Currently, his products are accepted by some domestic supermarket systems and have begun to penetrate the Japanese market as his original dream.

In addition to income from the paper flower business, Cuong also opened vocational training classes and handmade clubs to increase revenue for the company, while creating a labor force and utilizing quality products from students to supply the market. He cherished building the project into an agricultural ecosystem based on a sharing economy model, connecting many groups of subjects such as flower farmers, agricultural research institutes, supermarkets, consumers, etc. to have the conditions to cooperate together.

The 8x CEO expects that the agricultural ecosystem project will have about 250,000 successful transaction orders through the website and mobile application in 2018. It is expected that at that time, the company will attract 10,000 farmers across the country to register as members and continue to invest in new areas such as fruits, barley, etc. He also does not hide his ambition to bring the company to the stock exchange 2 years later and record an average revenue of 180 billion per year.

Quit being a boss at a Japanese company to build a ride-hailing app for Vietnamese people

After graduating from university with a major in Information Technology, Hang Ba Tri was recruited by a Japanese company. He was quickly appointed to the product development department with a very high salary.

Although his career path was wide open, in early 2016, the 8x guy still decided to quit his job to carry out the startup project he had cherished since his student days. With the desire to support domestic transportation businesses and create a Vietnamese-made ride-hailing application, Hang Ba Tri founded the Go-ixe software.

According to Tri, the emergence of Uber and Grab has gradually dominated the transportation market, becoming an obstacle for traditional taxis due to competitive prices. Users often choose Uber and Grab instead of taxis like before. That is the reason why he wants to create a Vietnamese-owned ride-hailing app to support domestic transportation businesses against the penetration of foreign businesses.

Hang Ba Tri - CEO of Go-ixe Technology Joint Stock Company.

Go-ixe application provides a complete solution to help taxi businesses, self-driving car rental businesses, and transportation businesses use the Go-ixe system without having to build their own applications.

Go-ixe provides many services such as: Go-bike (calling motorbike taxi); Go-taxi (calling taxi); Go-car (calling car); Go-travel (calling tourist car, carpooling) and Go-share (self-driving car rental service). Just by installing this application on Android software, users can call any type of transportation service. The operation of Go-bike, Go-taxi, Go-car in the beginning is no different from Uber or Grab.

Within 6 months, Go-ixe has connected 10,000 people to the system with the number of vehicles reaching more than 500, with a monthly user growth rate of over 30%.

According to Hung Thinh/VNE