How I Revived My Failing Business After Years of Losses: My True Experience

My name is Robert, and I live in Masindi, Uganda. I’ve always been a hardworking man. Since my early twenties, I’ve been involved in various businesses. I began with a small electronics shop, selling radios, phone accessories, and solar lamps. Over time, I expanded to include mobile money services and even a few second-hand phones. At first, things were going well. I could pay rent, feed my family, and keep the business running. But gradually, things started to change.

It began subtly. Sales declined. Customers stopped coming. Stock went missing, and I noticed I was spending more than I was earning. I tried promotions, offered discounts, and even borrowed money to keep the business afloat. Yet, every month, I was facing losses. Sometimes, I ended the month with less than 30,000 shillings in profit. I had debts to suppliers and landlords. Friends I had once helped no longer answered my calls. It felt as if my business was cursed. I kept asking myself, “Why me?”To Continue Reading, Click Here