BlackBerry Business Experience by Pak Edo

Jul 24, 2024

Lecture Notes: BlackBerry Business Experience by Pak Edo

Introduction

  • Pak Edo discusses the unique experience of entering the BlackBerry business.
  • Not everyone can join this exclusive business; it requires significant initial investment.

Regional Presence

  • The business in East Java is represented by Madiun and Surabaya.
  • Other regions involved include Bali, Sumbawa, Jogja, Solo, and Central Java.

Financial Performance

  • Historical monthly revenue reached up to IDR 700,000,000.
  • Decision-making point on whether to continue or discontinue the business.

Transition to Junk Business

  • Started in February 2011.
  • Initially involved in buying and selling used goods (junk business).
  • Significant focus shift to recycling bottles by May 2011:
    • Bottles like soy sauce, beer, and other beverage bottles were supplied to factories.
    • Utilized every part of the bottle (even broken ones) for different markets.
    • Employed pickup trucks for collection and delivery.

Scaling and Peak in Business

  • By 2014, fully penetrated the factory supply chain.
  • Business model involved detailed logistics for different types of bottles.
  • Realized significant profits (up to IDR 400 per bottle).

Challenges and Vision Shift

  • Recognized religious and ethical conflict with the business involving alcohol bottles:
    • Negative feedback and 'righteous' remarks from others.
    • Sought guidance from religious and business mentors.

Ethical and Financial Struggles

  • Made conscious decision to exit the business due to its immoral nature.
  • Faced substantial financial and emotional challenges in the transition:
    • Reduced employee count from 40 to a lesser number.
    • Sold off trucks and handled multiple loans.
    • Turned towards religious adherence and ethical business practices.

Starting Anew

  • New business in fresh produce (vegetables) post-transition:
    • Initially challenging with significantly lower revenues.
    • Moved from comfortable logistics to physically demanding market purchases.
  • Required learning and adapting to new business dynamics:
    • Shift from bulk sales to individual market transactions.

Growing the New Business

  • Emphasis on creating a comprehensive shopping experience for customers:
    • All essentials available in one place.
    • Cleaner, friendlier store environment leading to increased customer loyalty.
  • Leveraged technology (software) for improved management and customer service.

Challenges with Fresh Produce

  • Addressed perishability issues with creative solutions:
    • Developed creative divisions to handle less fresh produce—reselling as salads, juices, etc.

Future Vision

  • Expansion within Blitar with an aim for one store per village.
  • Highly focused on continuous system improvement before considering broader expansions.
  • Maintaining alignment with religious and ethical principles in business operations.
  • Aim to balance world business success with spiritual fulfillment.