Early challenges around building  business

Early challenges around building business

Assessment

Interactive Video

Business

University

Hard

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The speaker recounts their experience of introducing Isuzu trucks to the UK market while working for the Lex Group. They faced significant challenges due to limited brand recognition and financial constraints. Unlike typical market entry strategies, their company demanded immediate profitability. The speaker realized Isuzu's global scale only after starting the business. Through effective PR, reliable products, and good customer service, they managed to grow the business despite initial struggles. The speaker's personal commitment played a crucial role in overcoming these challenges.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What strategies did the speaker employ to grow the business after the initial struggles?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

Reflecting on the journey, what motivated the speaker to continue despite the challenges?

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