Timothy Ronald Show: Owner Coffee Shop Omset 450jt Harus Ngapain?

[music]

[music]

Okay,

so today we're going to go back to the

consultation session. Here you can

ask a lot of questions. Many of you are

actually asking about business right now

. So it can be about

your business or your career - you can

also ask about business. Think of this as a

consultation session where it's free.

For those of you who are asking how

all of you can make calls,

here you can find our Discord community

below, please just click on it,

there is a form there, then you fill in the form.

So the default is that you just fill it in and

it will be selected later, when it's your

turn, you will get it there

as long as you fill it in the form. So, it's

all free. You just have to ask

for free and I will share

my opinion here.

Again, this is not a recommendation to buy or sell

any assets. This is just the framework

I have. And all investments

definitely have risks, right? Business also

has risks. And I will

share this based on

my personal experience. [gasp] So let's just go

straight to the first caller.

Yes,

it's in.

Hello.

Hello. What's his name?

Hey I'm with Reno.

Yes

Good. Hey, Ms. Tim, first of all I want to

say thank you for your

investment views. I can

change my life quite a bit

. Rainer

ee next I want I am now

running a coffee shop.

Okay.

Ee already has three branches, the target is to

have six branches in the next 2 years

.

Ee my coffee shop concept is for

WFC meetings from community

I

as well as productive activities.

Hey, I wanted to ask Proim a few things

.

How old are you, Rener?

Oh, 30.

Okay.

Uh, from a business model perspective,

what is the most efficient and

scalable business model for a coffee shop like mine?

So what indicators do

I need to achieve so I can

replicate it and have more outlets?

Okay, to give you an idea,

what is the turnover per branch and where is it located

?

Each branch is located in Solo.

I

e for the data I

ee for yearly or monthly?

Just monthly to make it easier.

Monthly ee from three outlets R50-an million.

Okay. How much does it all cost to run

?

Ee net profit finally was around

20%.

Yes

Okay. That means we have around Rp. 100 million in cash, right?

Yes, it is true.

Okay.

That's from three branches, yes. This means that one

branch is around Rp. 33 million or so.

Oh, that's per outlet

per

each outlet. Number of outlets.

That's right.

Yes This means that the net profit per outlet is IDR 33 million

.

Oh yes, that's right.

Okay. So the question is how do you

develop it to 6?

That's right.

Okay. What's the problem now?

M, if Oh yes, for me,

those two outlets are with investors from

outside.

Okay.

So each outlet has different investors.

I also want to ask what the

risks are with this kind of collaboration concept

.

Okay.

R is around our total project of around

2 billion 2 to 2

per outlet.

per outlet.

Okay.

At the best outlets, the

ROE is around

28 to 30%.

Okay.

How long will it take for investors to recoup their capital

?

Ee with 30% 3 years or 2.5 years Ma'am

that means return on equity.

That's right.

Okay.

And [snorts]

what investor-related question?

Mm, I want to know what the pitstick is to make it more

attractive to investors,

or

what kind of figures investors want?

Because if the investors that exist now can

probably be counted as angel investors

because they are only people I know and

they are willing to invest in it. Like

that.

Okay. That's from the net profit, eh,

how does your system work with investors? Will

the investors get their capital back first or

what?

Not directly sharing the 7030 profit.

70 first for investors, 30 for me.

After BEP 5050

at several other outlets I

also entered but not in

large amounts. I probably have 10 to 15%.

Okay. The

remaining

2 billion from investors means 2 billion per

outlet, yes, per coffee shop, right?

That's right.

This results in a net profit meaning

this is full full investor means yes. You

don't have your own capital, right?

ee 15% of that has 15% I also join in

sometimes.

Okay. So from this RAB, you have 15

85 investors. That's right

. Okay. With a net period of IDR 3 million, that

means it will be around

60 months, right?

You're counting wrong. So

your investor's BP is

5 years,

1 month, or 1-2 months, right?

You're not 2-3 years old, you know. You investors,

your return is 5 years,

yes, because this means

OK. Okay. Because there is a profit sharing.

That's right.

Yes, it is true. The return on equity

means approximately 19%, right?

H.

Okay.

So, is this a sexy thing for

investors, to get this much return on investment?

Actually, a 19% return is

n't bad, but it's not

phenomenal either.

That's right. It's

actually simple, if you

already know the RAB calculation per

branch is 2 billion, and if there are

investors who want a

net profit of 3 million IDR per month, then you just have to

race again with your investors. So,

you have to wait until you get your capital back first

. You return your investors' capital

like this.

Yes, that's right, ma'am. So, where do you think it

needs improvement or is the net

profit not big enough? If it's like

that, it's

certain that the

net profit from this revenue actually includes

your costs, right? This is the net profit.

That's right.

One thing is for sure, it will increase revenue. Okay.

Turnover.

So, what have you explored

to increase your turnover?

ee I ivory some communities for

collaboration in each of my outlets

yes.

Then, I'm also exploring

online ordering.

I

plan to open a second brand

specifically for online orders

because the discounts online are quite

large. So I want to,

I want to, I want to

create a second brand

to increase revenue from online.

Well, for the big ones,

the key is actually from the coffee

shop, you are actually online.

The key is online because most

people order coffee

online now. So being online is

something you have to think about how to do

. Although the cost now,

if we look at the existing right-hand driving,

at least from Gojek

and Grab, is the biggest, it's quite

expensive, right? The price keeps going up now, right? That

's right,

and the cuts have decreased,

not like 2-3 years ago because

they seem to have started to stop

burning, right? That's

right K. It's up to 30 to 40%

if we join the promo. So

,

you have to think about how to

do online activation so that

sales will be even better.

Well, from this scheme, this is a

personal choice, right? What I mean is there's no

right or wrong here. If you want to

fundraise, there are three ways you can use to

fund your business. one is your own money,

two is the investor, you sell equity,

the third is eh deb or debt,

right?

Yes

Well, the calculation is actually if

you are sure this can be done without risk, it is

cheaper than using equity

investors, in fact using debt is

cheaper.

Oh,

but that's not recommended if you

don't really understand the

calculations. Because you were

still wrong in calculating the

investor's BP. So, use investors first

for now, right?

Six-branch question, is it possible? Well, in my

personal opinion, I will

develop these three things. How can

coffee shops from

1, 2, and 3 coffee shops

generate even greater net profits?

Because this should still be

possible to increase. Yes, no, this can go to

30%, right?

H, this is

you, financial engineering.

You have to find the net profit.

How can you increase this number of

times? It was then. So, every morning

from the time you wake up until you go to sleep again,

how can you be cost efficient?

That's the first one. You will

immediately reflect on what

your bookkeeping will be like. How

can you manage costs most efficiently,

how can you increase

revenue? That's one. You already

knew this. This turnover has several

ways, right? You already said earlier

how this community is scaling?

community so that there will be more

communities there.

Well, you can actually play with the pricing too

.

Have you taken the test yet? Try raising the price

maybe by a small 5%.

Oh, that's enough, because we've been doing this since 2019, so we've had to

adapt to

price increases several times.

That's right. That's what was done before. So,

one of the investors I always

study is Buffett, right? Buffett

owns a candy company

called Seas Candies. The trick is

actually simple, every year he just raises

the price. So, in consumer brands,

raising prices is something that

many people are afraid to do,

because coffee is very competitive

. It would be better for you to

research your target market and then you can

estimate how much you can increase it,

whether it can be increased by 3%,

or 5% or something like that. You have to

increase this every year, okay? But at least

you just follow inflation.

What is the benchmark?

Every year the price has to go up.

If you don't, you'll end up being eroded, and

your net profit will continue to decline.

Okay,

ready.

Then I also want to ask about

retained earnings

.

We have retained earnings.

But the number is not that many because opening one outlet is quite a lot. That's 2 M, right? Yes

Now I only save in

gold and Bitcoin.

Okay. Well, that's wrong. Back and forth again.

This is your coffee shop business, right?

It must be in your cash or

cash to cash format.

This should be in the money market fun only. This

can't get out of here. Even if you

don't buy bonds,

put all your retained earnings in the DPU.

Oh okay okay

okay.

Because I still divide the variables

from Bitcoin into two and

because

don't be mistaken, this retained earnings

belongs to the company, not you.

Unless it's your personal money. But

retained earnings are the company's money, not

your profit.

That's right.

You will use the company's money to

expand the company. If you do

that, you are not practicing good

corporate governance. So what needs to be

done is to separate this

company money first. you can't do that.

That is with the approval of the ee investor as well.

Oh, that's right. But your investors are

not smart enough. So, if I

were your investor, I would definitely be angry because the

company's retained earnings are being used to buy

gold.

Oh

okay.

That's not common practice, right?

Maybe these small businesses are

still small businesses, right? Maybe it's

okay. But you have to have a habit.

Because of this, you're not starting a business

just to open three branches, right? You

have a dream of making 20, making 30. So

from now on, that's the foundation. If

you start a business with a

weak foundation like

this, you have to strengthen the basics first.

Like everything you said earlier,

you have to understand this. This is business language

. Do

n't be like

this, you've already done it and this is

your job every day, right? You

asked your investors how long BP will last?

You answered 3 years. In fact, the

mistakes are far more serious, 5 years and 3 years are

crucial and fatal. Like,

for example, when I'm an investor, I

see people who are asked questions like they're so

wrong, I'll never go in

because they don't understand the language.

Just like you say in Indonesian, business

also has its own language.

You should know the numbers by heart.

You have to know what

the calculation is like.

Okay,

so the first step is to complete these three things first.

I think this is your homework. Clean up

first. This.

Okay, these three. Once all three are in place,

your options are to use the retained earnings

or the retained earnings plus new investors

to create branches 4, 5, and

6. It's actually that simple

because your business is already running. Do you

understand? This is not an idea, it's already

running, there's already a path, there's already a

community, there are already people buying it.

That means the turnover every month is already IDR 50

million, right? You

have to think about it because this is not a

return on equity of 19%, it's not that

bad.

You can still grow this and this, right? This is

still above the investors you bought

deposits from, roughly speaking.

But then again, there are business risks.

That's right.

I really think that

in 5 years your cash flow won't necessarily be

stable, right? Yes,

that's why if you take dep, it's

true because

you can evaluate a

business. Business is simple.

This business is a money machine, right? It makes R3

million a month, right?

Hehe.

Okay. [clears throat]

The way to value the business is that this is

projected to last until the second year

. Third year, fourth year,

fifth year. Okay, then discount back the

future cash flows. This has to be for

future cash, right? The future value is

discounted back to the average cost

of capital. Well, this is called DCF,

discounted cash flow model. So,

your investors should calculate it like

this to see whether your coffee shop is

worth investing in or not.

But the problem here is whether it

will reach the fourth and

fifth years, or whether the cash flow will remain

stable with this 19% offer.

This is what you have to

think about and see, you try to make a

model, you forecast the future like that.

You made this in Excel, approximately

how much did it produce in the fifth year?

What percentage is the growth rate [clears throat]?

For example, here the growth is 10%. Has

your coffee shop

grown

from 2019? What is the year-on-year

growth percentage?

If it grows because we add

outlets, that is.

Likewise, we can't do much more,

only 5% at most.

Okay. So what needs to be done

is how to

increase it by at least 10% year on year. Yes, it's up to

you whether you want to turn yourself upside down or not, and

it's up to

you and the community to find out how to grow. It's the

same for this, how come the cooperation system is

the same? If I have

three now, one is mine

alone, one is me and the investor, the

other is me and the investor, so each

outlet is different. Is it better for me to sell equity

in holding or just stay in tii outlet? That's a

good question. So you

made it like this, the structure is so it's

your first one,

right?

That's right.

I don't know the name, I'll just copy it later

. say yes.

Yes

So you own this yourself, this is you

plus investors.

Yes

The other one is just an investor.

Yes, there are some who are just investors.

Well, this is the RAB per unit, right?

Yes

Well, this is your own, right? This PT is a

holding company. Is that right

?

What you mean is, is this equity

sold like that or just per outlet?

That's right. The answer is definitely the stomach, the

answer is definitely the stomach,

unless there is a strategic investor,

that's different. What can strategic infal do?

Which can add to the supply chain

for example.

For example, if your coffee is invested

by a big coffee company, or

not, for example, if it is invested by HWG

[laughs] the way to do it is that

your dream is still far away, the RAB is to enlarge it

first, we won't play with 2

M R goods, our RAB, if we want to build 100

to 500 M, no, 2 M, we won't play,

so the answer is you have to look for the

supply chain, okay,

okay,

you have to look for something that has a connection

with you, okay. So, for example, if you're looking for

coffee, a big coffee chain

makes it interesting.

Later, when we're bigger, we can

talk again if you have 20 or

50 branches, that's it. But for

now, what

you are doing is

correct. So stay at the lower level,

stay below, don't just be below the

outlets. Yes,

you just make the RAB [clears throat] for the outlets. But

yes, make sure the

performance is good, but yes,

with 19%, your investors should be quite happy so far

because coffee shops are a difficult

business. That

's right K. The operation is very heavy, yes.

That's right. Operations for 19% are quite

heavy. So, if you are

consistent, maybe in 20 years you can

do this and it could become something big

.

Ready.

Answered

all answered K. Thank you.

Okay, hopefully it's answered, Rainer.

[clears throat]

Thank you, K.

OK.

Next, yeah.

Yes, I'm in. Who with? Cook

it. Good afternoon. I am Moses.

Who am I?

Moses.

Moses.

Yes, it is true. I am

39 years old. 39 years old, ma'am

. Are the

children of two

doctor K professions?

Okay. Where, doctor? Where is it

? In Surabaya.

Oh, in Surabaya. Okay.

That's right,

until I was 39,

I've only been learning

about finances for years, what do you call it? Yes.

Yes

the rest is just me studying medicine.

I,

because my hair is starting to turn gray, am starting to

think about something else. Oh.

So after I studied around,

what is it actually called? I'd

like your opinion, please

. During my work, I felt that

my investment strategy was reversed for my age

.

So, I, uh, what's it called, from

my income, to maintain

its value, I put most of it into

property.

According to the teachings of your parents, yes.

Yes

So now the liquid properties are

mostly boarding houses.

Okay.

Yes More or less, we only manage

70 rooms, right? Yes,

during my work, 70 rooms with ee

income were approximately

90 to 90 to R95 million per month.

Okay. That's clean. Is it clean?

It's clean.

How much capital was there at that time? Make it all the

same,

make it all in the four places,

around 9 or 9 to semilan,

that's 9 to 10

billion, right? Okay.

He is spread out, we teach the

location from savings, work

and so on.

If the active income from ee practice is

more or less the same,

maybe 100 to 130.

Yes

Actually, my question is

based on my ideals, I just

want to be simple, I don't want to be

really rich.

Yes,

I only enjoy the investment results

while I'm still alive and healthy and

then when I die, you know,

I'm a Muslim, right?

yes.

Yes

Hey, from now on, I'll prepare from

studying this year, I'll prepare

this year, I'll prepare cold cash, you know, in

other words, around 4 billion

. I

want to, ee Mas, what is it called,

invest so that it becomes 20 billion

in approximately 3 years, yes,

because 39 plus 3 or 4 years from now,

I will be 43, 44, yes, 43,

approximately 45, I have already focused on, ee,

what is it called, preparing for the

next life, yes, so I don't get tired of

practicing and so on,

yes,

my goal is to have 4 billion from 4 billion to

20 billion with the hope that

I want to have a housing complex, yes, a

small housing complex somewhere

that teaches

about reading the Quran and so on.

Secondly, I want a hospital in

my field. Hospitals are

small hospitals, just the small type D type

.

If there is still some left, I want to

invest it again in the boarding house so that he can get it,

even if it's slow.

Still, the liquid that I really want is

actually to go overland there.

Want to overland

around the world. So, roughly speaking,

with these 4 Ms, what should I

do to achieve the points

I want, Ma'am, at the age of approximately

45 years.

Okay. Basically, you are a doctor, right?

If you're a doctor,

your life trajectory is usually like this. This is called human capital

.

So your income will decrease

with age because there is retirement and

this should be an investment asset, right?

Okay. You meant earlier that there was a property, yes,

this property was 9 M

which generated R95 million per

month.

90 to 95. Yes,

90 to 95. We say 90 to make it

easy. That means it's Rp billion per year, right?

per year. Well, if we do a

rough calculation, this is 12% per year.

This is okay, this is good, 11, yes, 12%.

That's right. And you have a question,

you have 4 billion, right?

Yes,

your target is 20, right? No. If

we calculate

roughly, this means 37% CGR over just 5 years.

Well, where do you look for this

question?

37% is not something that is

true. 37% is not something you

can find in the financial market.

Because if we take the world average index, it's

10 to 11% per year. If you are

looking for a consistent 37% return per year

for 5 years, that's an impossible answer in the

financial markets.

What you have to do to reach

37% is definitely this can only be done

through effort

or business.

So, what were you planning to do with the

4Ms?

For my business, frankly, the

time is right.

Yes

Furthermore, there was no time in the morning and when

he came home at night, there was no time.

Well, if there's no more time,

you have to stick to 10 to 11%. This

will take about 15 years,

right? So, yeah.

Yes

Okay. The answer is there is no

quick way to increase your income

or get it from somewhere,

money can't fall from the sky like that

.

This can't be done. This is impossible

your question. So, those who have a

financial target of reaching 20 billion have to

find other ways to

get there.

But if we actually talk about

your assets roughly, we can estimate that your assets will

appreciate a

little. Your property is 10 billion,

basically you have 10

billion worth of property, you have 4 billion, so your liquidity is only

6 billion left, right?

Yes

Well, that could be an option, later we'll look to see

if there are any buyers for this liquidation

because the return is good, right, 12% per

year.

Well, then you can put it into something

more passive later. Between

government SBN, government bonds, you

can put it in foreign equity,

you can brainstorm it later. But if

your question is how to do it in

5 years, I can't answer

that because no one will be

able to give you a return of 37% per

year, that's impossible. Warren Buffett's

19% per year. You asked for double from

Warren Buffett.

Difficult is difficult and there is no such thing. If

someone tells you that oh this can

definitely be done, 37% of the time, that's definitely a lie.

Because the investment is on average 10 to

11%, yes.

Okay.

Yes

So the answer is time,

right? There are several types of investments, what are they

called?

There are three, right? The first is saving

state, the

second is time,

the third is return. Well, the thing you ca

n't control the most is the

return. So, what you can

control is the amount of your savings and

also the timing. Play there, yeah.

I

ee ee can I ask again, OK?

Yes.

Ah, from this 4M, it's because I'm just

learning, right? Why is that? watch

Koko's videos too and others.

Of this 4M, it's already a few percent,

almost 70% of it is divided, approximately

1.5 M of it is in Bitcoin, right, Mrs.

I.

Then, the rest is in the big band, right,

at BCA. it's big yeah. BCA, BRI, BMRI,

there are a few, so

more or less,

in BTC there are around 1.5.

Then there are

BCA and BRI, there are around 100

to 200, the biggest BCA is 200.

Yes,

this is in 200, in what

million, 200 million is only small. Okay.

So it comes

from the rupiah, right? In

rupiah, yes, everything is in rupiah.

So the remaining money from the 4 M is

because I am not financially literate.

Yes The

remainder, maybe one remainder,

how many remainders? 13 to 1.5 maybe.

Okay.

H.

So, was I wise in putting

that money there? So it's mostly cash,

right?

Ee, there's 1.5 left, Bro. Of the four,

1.5 are left now. Because there are

no four of them.

These four have already entered into BTC 1.5

M.

Okay.

Well, the rest went into the three banks, 1.5

M. Why did it become 200 earlier? This is 200 at 1.5

M. So the

BTC is 1.5 M. Okay,

there is still a remainder, right, that

1.5

2, where does half of it go?

There are still

2.5 of them left, which BCA, BRI, and

BMRI each have, let's say, around

300. Well, that's it.

That just means 1.5 + 900 right?

Yes

Yes 1.5 + 900 means 2.4 right.

Well, the result is 1.6. Well,

the question is

Oh. Oh, you, you should say it using

percentages, it would be clearer, right? Yes, yes.

So it's true that the

remaining money is 1.6 of that

money, that money is money. That's right.

Oh yes. Yes, it's okay. That's okay,

that's good.

Well, these are the only three questions I have

. Why are there three banks like this?

Because of my ignorance.

Yes

So yeah, never mind.

So the answer is this, try to

analyze again which one is the best

.

Hehe. Hey.

Don't buy all three. Because of this,

you buy three to spread the risk,

right?

But if you buy it like this, it

doesn't spread the risk.

Unless, for example, your second position is

coal, mining,

mining. These are consumer goods. That's a different

story. But if all three

banks are like this, it's the same as buying

one, there's no diversification

.

Maybe that's all the sector that needs to be fixed

.

Yes, the sector is being improved. Haha.

Where would I go with the rest of the money?

Yes, if you park, just park first.

Money market is okay.

This RDPU can also be placed in down.

5% now is a pretty big yield.

Because you are still what? Full time work

right? Can't keep an eye on it every day.

Full time working.

Yes

Can't keep an eye on it. Yes

What's coming into BTC again?

If the rest goes back into BTC it is too

risky. Yes, this is how

you make

your portion very big. And now you are not someone

who can be watched every day. It's a different

story if you can keep an eye on it

every day.

If you can keep an eye on it every day, it's

okay to look for high volatility. But this is already quite big

in your portfolio.

In terms of risk management, it's not

okay for those of you who work full time

and this isn't your job.

Okay thanks.

Okay

next.

Hello.

Yes. What's his name?

I am Abdul Rahim.

Okay. The

first age is 19 years.

Okay.

I've been following Gimoti

since 2022

.

From YouTube to Crypto academies.

Initially, I started from scratch and didn't

know what a financial market was.

Thank God, my initial capital was R5

million, so it became R896 million.

Okay.

Apart from that, my parents also have

liquid funds of around 3.5 billion

from the sale of land.

This is my parents' funds, not your funds, yes,

3.5 billion.

Yes This question my parents also surrendered to

me and Kim TV.

[laughs]

people. Okay.

Then, I also monitor

the market full time. Hey, should I start a

business or just stay idle and monitor the

market?

Here's your question, would you rather be

unemployed or keep an eye on the market? So

you were asked to be the family fan manager,

that's how it went?

Yes

Yes, actually that is also an option.

Actually, that's an option,

there are various professions in the market, right? One

of them is that in the outside world,

people make fun, asset management and

all sorts of things. But it seems like you've

been given the responsibility of being the

family fan manager, right?

And how is that?

Yes That's right.

Is it better to continue like this or would it be

better if you went to college already?

No. No. I think I'll want to do it later

. If I had my own money,

I would want to go to college. If

not, just be an office boyuti.

Why? Want to be an office boy here

means

this person.

Yes

Okay. So, you have 3.5 billion, so that means

it's from your parents, right? This is

your question, right? Because you

have already allocated your money yourself.

Cash.

Okay. What should I do with this cash?

How old are your parents?

Hey, Dad is 56, Mom is 51. Okay. Because

your parents are getting old, right? So

if we are

age appropriate, the risk profile is

usually age appropriate. So the first thing

to do is this 3.5 billion, right?

Yes That

means 1.7, yes, you entered it in

Indonesia.

This is the Indonesian government bond in USD.

Later you can just ask at the bank.

Yes

Okay. This will yield you 5 to 6%

in USD. That's the first one. for

security. At least if anything happens to

your family, it won't be a problem. What

you can share is this actually.

Well,

you can put this 25% in the real world index

.

Okay, this is global equity, global stocks, the

other 25%, you can position it

as tactical cash first. Please

wait. this can be done in DPU.

Okay, maybe we can start with this first

. So this is my portfolio.

Yes, the

896 is

63% cash

. The

USDT

Bitcoin has just been paid in installments of 6%. The

average is 58300.

Yes.

Then the Indonesian shares are 11%.

Okay.

Same with this naughty future street. K.

Well, that shouldn't be

20% naughty.

Yes Well, that's been removed for now,

okay?

Because why?

That's enough money for you at 19

years old, right? You can

get 10% interest on that Rp0 million per

year. Yes, with IDR 0 million per year,

you can earn IDR 7 million per month, which is

like someone's salary without you

actually having to do anything. So, you

have to be more defensive to avoid losing

your money.

So, regarding your question, is

there any work you can do?

Yes, you try to explore it, you know. If

you start a business with capital of, for example, Rp.

100 million, think about

what you can do with this Rp. million in

today's era. Okay.

Yes [clears throat]

And later, when you manage

your parents' money, for example, the

return can be 10%, for example, we call it

blended, for example, you tell

your parents, okay, you manage it,

you get 2%, ask them to

manage it,

that can also be an additional income, right?

So, you just share the management

fee with your parents, right?

Okay, thank you,

so that's it. Okay,

next.

Hello.

Yes, hello with whom?

Yes, good afternoon Gro. Cave of Revelation.

Ee is 28 years old and currently works

as a project manager at one of the

companies in Jakarta.

Yes.

Yes. Hey, maybe I should explain a little bit of the

background first, bro. Hey,

my first job was like that, my salary now

is between 15 and 20. Hey, I

already have a wife and one child. The child is still 9

months old and

also works. R's salary is more or less the same as mine

too.

Well, the current condition is that I

have responsibilities. Besides my wife

and children, I have a family in the

village that I have to support. My younger siblings

too

.

Hey, my mother and father are no longer here. Well,

I have to take responsibility for that. But if

there is no wife, there are no

dependents. So uh,

those days are still enough, but they're

really tight. Well, I have a side

job. My job set, eh, the business has been running for about

2-3 years.

What was the name of the side job?

Hey, I have a B2 B2C invitation business.

What kind of business? Sor

digital invitation.

Oh, a digital invitation, huh?

Yes Well, that's my B2 B2C scheme. So,

I made a website like that. Hey, so

what's the name of the person joining, right? People

who want to get married, yes, but people who

want to have a business, like that. So I have a

lot of partners, there are hundreds of partners.

Of those hundreds, maybe

only around 20% are truly active.

So, in total, the

annual turnover is actually around 300

to 50 million

. But if the profit is around 35%

to 40%.

What is the net profit?

net 40% 35 to 40% of R50

million.

Okay.

Ee yes that's my job set now ee it's

pretty good ee okay that's how it goes ee but

it just

doesn't go up and up like that

every year 330 never reaches

400 never even like that.

Okay.

Well, well, that's the condition. Well, right now,

from a personal financial perspective, my

condition is that 50% of my assets

are non-liquid,

such as vehicles and so on. And

almost 80% of my liquid assets are in

Bitcoin.

Yes

Ee the rest is gold and cash.

So I'm really uh

what overcrated to Bitcoin. I don't

know if this is overcrowded or not,

but 80% of what I mean is in

Bitcoin. So,

what are your monthly expenses?

My monthly expenses for my

family are around R10 million. R million

includes transportation and ee what's it

called? Money money in.

Oh, no. For other expenses,

all inclusive, how much did you pay for your younger sibling and

all that?

Oh, with my family in the village,

I actually have a budget, I send

money around IDR 3 million to IDR

million, depending on the conditions to the village

every month. So if you add it all up, it's

14 million. 14 million million,

yes, it's 1 million, right? Okay. So your salary is

used up, right? It's a salary of R million. Salary is used up

for that, that means yes.

Yes,

2 million or so per month. So that's

around 2 million I can still

invest. But that's really tight, in my

opinion, it's very, very small

to be able to invest in a month. So, I

hope that this is the business

. And I withdraw this business

every 3 months sometimes. So ee is

still considered small. Well, my idea

is that I want to scale this business.

How can I make this business

more profitable? But

now I have a dilemma, Bro. So

first, I tried to make a product like that

, another product like that as a

differentiation, right? Can this

run like my current B?

It turned out to be a failure.

I've tried so many things and they didn't

work. Well, I was thinking,

for example, if the charge is like that, it's

better if I go all in on a scale that

has been proven like that. My

current business, eh, I'm scaling this invitation bus

so it's bigger.

I don't know how to do it yet because

right now I'm just playing with the template

. The more templates there are, the more

templates they keep updating.

more and more partners want to join,

right? So

the profits are also bigger. But if it's just there, it

seems like it's increasing really slowly.

Well, or I'm like gambling,

I allocate a certain percentage of the profit

to create new ideas, to

realize new ideas. Actually, I have a lot of ideas,

I can actually make anything,

especially since I'm an AI agent. So

anything can be made actually. Well,

I'm between the two,

actually, it's more worth it. So now, it's

still free

to create ideas and then publish them

on forums like that. So

there's nothing really serious about it.

Okay, so the answer is either stick to a

business that's already generating R50 million

per year or pivot to something else,

right? That's a question if it's

certain you're focused. Why? Because if

you pivot, you'll start over from

here later. Your business was small at first,

right? Slowly getting to 350 million

.

Yes Then you start again, you become

from here again, then you will be like

this, then this is your life graph, you

become this kind of person, then you repeat it

again here again. Why do people's lives

never develop because they are

like this? Okay, this is the first timeline.

Meanwhile, in the second timeline, you focus on

your business, which continues to grow bigger.

Okay.

Because it does seem like a more

interesting opportunity here, it's like wanting to

jump again, but it's always

bad, you know.

So the answer is definitely focus, right?

Your emergency fund is already there.

Well, this emergency is actually only a

small amount, just 2 months' salary in

cash.

Okay, you have to make that bigger.

You have to make it to R0 million. So

your gold and cash,

your gold and cash, sell it first now.

Okay. So the first step

you have to do now is sell gold at

10%, 10 to 20%, okay? Bitcoin sell.

This is done within 1 month

per week.

Even though the

current situation is down, yes. It is

okay. You should move this

to your emergency fund.

Okay.

Okay. This R0 million you must have this.

You sell it tactically so you won't

regret it if it goes up. You sell it

weekly, you split the sale. Okay.

H.

That was the first thing you did. Okay.

These two are the first priorities. The third thing

you do is return your focus to

the business. What can be developed? Did

n't you say earlier that AI asked what

you use AI for? Use cloud, use Kimi, use

what?

You asked that.

How can I grow like that? You

analyze how it can

grow. Because

actually I'm stuck there,

Bro. So yeah, I feel like it's really difficult

to grow. For example, have you

tried what, in the sense that if we

enlarge it, for example, an advertisement, we

enlarge the advertisement, it's not that

significant, so ee, I usually follow the

trend, ee, for example, if people

get married during the wedding season, there will be a

lot of partners who get a

lot of orders, so we also get a

lot of fees, right? Ee, but if it's

not the wedding season, well, it goes down,

for example, during the fasting months, like

during Ramadan, no one gets married, it's

really rare. Well, it could be like

this. Is there a business that is

invitation-only but big?

Ee there is something like feeding.

Well,

why is he big and you don't have one? The

answer is

that it seems like they can grow big because

what is it called? They

can, eh, their clients are artists,

right? And they have a

really big team.

Yes But there's something like this. Be patient.

This is you, you, you are the brain of this employee

because

you are the skill issue. You are the

reason for most of his life.

This is a skill issue. This is your first problem, right?

Skill issue.

Earlier I asked a simple question, right? Why is

that competitor so much bigger?

Because you answered like this, oh he can be a

celebrity wedding planner, he can

have a big team. But

he didn't start like that before.

When he started the business, whoever did

it, it wasn't like that.

The answer is he is better than you.

He is 100 times, 1000 times, 100,000 times

smarter than you.

And maybe he won't make it a side

job, Bro.

Yes, it is true. But it's just an excuse that if you

grow up like this, you'll definitely leave

your job. I don't want you to have to

swallow that first, your mental state

is very dangerous. Because it will

make you stuck for the rest of your life just

playing around like that.

Okay.

You're just going around in circles in the

same position like oh this is how he can do it because

Well, why can't you do that?

Hmm.

Is it because the tip isn't much?

Yes Can.

Is it because you're not good enough?

You've answered, you've answered,

you definitely have skill, you definitely lack skill, you're

not very good. Come on, this world is capitalism

.

The most skilled is definitely the richest.

That's right.

He has the biggest team, the

biggest resources, he can expand the

fastest.

So the answer is why don't you

learn from people like that?

Who are the top players in the

invitation business? So don't say

that the market cap for the invitation business is 50

million Rupiah a year.

Yes, I know grocery stores make

bigger ones than that.

That's right. That's right. You are like this, you are like this, you are like this,

right? The total market for

digital invitations is like this, you are just like this,

period,

yes,

then you feel like this is difficult, then

you want to jump into another business, this is a

business that is easier for

you to break through compared to others,

hm, okay,

okay, how much do you calculate first? The

addressable market for all invitation businesses

in Indonesia, you put it into one, calculate how many

hundreds of billions and how many

trillions? You count that first.

Hmm.

So, how much did you get? R350 million

like this. Then there are people here who

make this and take this much. So,

why are you like this?

Okay. So never think that business is

lacking. No one even knows

what your business is called. One you you

you lack divisibility.

People don't know.

Two, maybe the product is inferior. Three,

his team lost.

four accesses lose you lose all of

you in all business lines lose

all of you

so the first thing you have to swallow

is okay I'm not a good person like that

don't make excuses oh because he's like

this

I'm not good enough I have to

learn like that

okay okay okay.

Because if someone can do it, it

means you're just not very good. Like,

for example, when I personally returned, I lost

to Warren Buffet. Why? Because he is

better, I am more cubo. That's it.

Yes

Whatever I can learn from him,

I read it all. So you should

learn about this invitation in your life because the guests are this

big. You're only

new to dots like this, dots,

dots like that. R50 million is in

the ocean of business, it's like just a

grocery store on the edge here looking for one

R50 million a year.

Yes, yes

.

So that's what you have to swallow and

understand. Okay.

Okay. Okay, Bro.

Okay. Hope this helps.

Thank you.

Okay,

next one.

Also, friends who want to chat

here, please chat here. I'll

read it later too. If there is something interesting,

just give me your case, I will

read it and share it too. Okay.

Hello, BTIM. Permission.

Yes

Okay. First of all, thank you team for

sharing your knowledge and giving me the opportunity to

ask questions here

.

Currently create my profile age Oh,

previously my name was Fajri.

Pat what?

Fajri.

Fajri.

Fajri.

Okay. Fajri.

Fajri.

24 years old.

Status still single.

Why does the status have to be announced?

Huh? Look for your soulmate here. Okay.

So there are no responsibilities. There are still no

liabilities at this time.

Yes The

ASN job for homepay is

still IDR million per month.

I,

but for the addition, there is THR and the

14th salary, the total is probably IDR 14 million. So the

total for a month is 8.2 million

teams.

Yes, just Rp. 8 million. Okay, go on.

Okay, Pastor, currently I

have total assets of around R4 million

or so.

What do you have?

Ee total savings assets

54 million with a division of

23 million in RB.

How much did you spend before?

How much is the expenditure? Okay, monthly expenses are

around 4 million.

R.200. But for the biggest annual expense,

I go home because

my current domicile is in Tidore.

Yes So, every year I can spend

around 12 to 15 million on my homecoming trip. Then

I am also still continuing my studies for my

undergraduate degree and it

will probably end at the end of this year

.

Yes.

Okay. Well, for the plans and eh, let's

continue with the assets,

okay?

Hey, my assets are 23 million in the form of

RDPU.

23 million, yes. Okay.

23 million in RDPU.

My BBCA is 12 million.

I have 5 million BMRI,

12.8 million Bitcoin

,

and 1.5 million USDT, zero debt. Okay.

Okay. Hey, I have a

short-term plan to join AC and

raise money at the end of 2026 or

early 2027. Hopefully the disco program

will continue, Professor Tim. Okay,

the question is

okay, the question is in the next 2 years,

my parents will retire.

Okay.

So what is Broti's view

on my current position? Is

my asset allocation strategy

correct? So how do I

increase my income

so that my saving rate is

higher? Should I start a business or

continue taking classes to improve

my skills and education first, bro?

Team. Okay.

Because I also plan to continue my

Masters in 2027, around August.

Okay, that answers a very good question.

Firstly, if you feel that a Master's degree

will increase your income,

you should get a Master's degree. That's the first answer. Okay.

And in terms of your assets, what you

do is actually your assets are already

good because you already have the amount of money,

times the amount of expenses, right?

That was IDR 3 million in the RDPU.

It's already checked and you have

your positions that you told me about,

everything is okay like that. But maybe

your question is more about how to make it

bigger. Because if you have 4

million, 4 million a month,

you want to touch it, which means

your pension figure is

4 million per month multiplied by 12 * 25, which is the

same as 1.2

billion, right?

To reach 1.2 M with 4 million

a month, you need approximately

25 years, right? You want to shorten

it to your financial freedom target, right?

Ready.

So the answer is you have to increase it by

4 million per month. How do you get

to 12? Kara 12, this is going down straight away, so

how much is it? 12 years, that

should be more or less. I'm just doing a

rough calculation.

So how can

12 be multiplied by 3? Is that with

S2? Is it with ee trying?

Okay. So the way to make the most money

in this world is definitely by

creating a side income. You've been

calling a lot of people who have businesses,

right? You can't get rich by just

exchanging your time for money. If you

also become an ASN you can't be rich. You ca

n't get rich by exchanging time for money.

What you can do is exchange

your time to build a business

that can make you money. Okay. When you have a

lot of money, your money will

become money again. So there are steps like that

. But that doesn't mean

he left his job. His work

will be the main foundation. Well,

you have to be able to think about how

to generate business if your skills are close to yours

.

Ready, Prof. Team.

Hey, for input, if for example I

learn skills in the world of investment, is

it possible or not to join the trading team and so

on.

Look, if you want to talk about investing,

everyone here is investing,

right? And investing isn't something that's

so complex. Investing

is a

simple thing. When it comes to

trading, trading is a

very, very specific job. it's

not a job that everyone can take on

. Out of 100 people, there's probably only

one like that. But if I talk about

trying, out of 100 people, maybe 7 or

10 will succeed. Your chances

of starting a business upgrading your skills and

selling them are greater

than if you try to focus 100% on

trading in the market. I don't

deny that there are crazy people who can do that, you know

. If we talk

about overseas, people like

Paul Toor Jones and there are many

overseas fans who are purely from

trading. But it's not for

everyone. Personally, I'm

more inclined towards investing like that.

I built a business to get results from

my business, then I invested with the

results of my business. Because if we want to

divide the world's millionaires, 70% are

definitely entrepreneurs. 20%

are probably athletes, artists and others.

10% are new investors. Because investors

usually come when the business is

already big. Yes. So if we look

at the richest families

in the world, investment is

their last game. When he was

Samolton, for example,

he made Walmart.

Well, this was when he was older that he created

Walter Enterprise, he just started investing,

you know. But he can have a

very big business. Yes, we want to

say that everyone who can become a conglomerate is

like that. We want to talk about Antoni

Salim. Okay. He has Bogasari, he has

Indofood, right? This makes Indomie, so

he can invest in other things in

the Philippines, in Hong Kong.

So people usually have one branch

, even if you want to talk about group needles,

from cigarettes, they can buy

steak at BCA, Polron, etc.

So the game is how to

build a business, we no

longer exchange our time to

get money because if we only exchange

time to get money, we can't be rich like

that.

Okay

ready to give. Thank you for your input.

Okay, hopefully it's answered. The important thing is to be

prepared to

exchange jobs without exchanging

money for

money. [laughs]

Okay,

let's go. Thank You.

Well, someone asked here, right?

Muhammad Iqbal, yes. I am 19 years old and have a

business that generates R30 million per month.

How is the portfolio allocated?

So when you are still young and

can earn what is called money, yes,

at the age of 19 you can earn R million.

The thing that should be done is

something like that. You think, okay, I

have an income, it's okay, how do I

maintain it first, because you

don't want to double it straight away, the

investment is for survival first.

Okay,

the key to your investment is one, don't

lose.

Okay, this is what it means to survive

when you have income. Second, it is just

developing.

This one and du don't get it the wrong way around

. 19 years old has an income of R30 million,

you must first not lose, second

grow.

And here's another question

[clears throat]

. Someone asked, "I'm currently studying the

concept of tokonization like RW. Is there any

good business capital for tokonization

in Indonesia?"

If you want to focus on working in the

blockchain field, RA could be

an interesting industry.

Because it is stocking

assets, yes. And is there an opportunity in Indonesia

? The answer is definitely yes,

because there are so many assets here that

haven't been allocated yet.

Okay, so next time we go live,

guys, please ask what it's called

in the comments and I'll be able to

answer it one by one, but for those who want to

ask in the next live, you can just

go straight to Discord and

fill out the form there and

see you in the next live.

[

music]