Summary of "Usia 17 Tahun, Masih SMK, Punya Penghasilan Ratusan Juta Dari Berjualan Sayur"
Summary of Financial Strategies, Market Analyses, and Business Trends
- Business Model and Market Approach:
- Muhammad Alfa Priandito, a 17-year-old vocational high school student, runs a vegetable distribution business sourcing directly from local farmers in Gunung Kidul, Yogyakarta.
- He buys unsold agricultural products from farmers at fair prices, helping them sell their produce, and resells these products to local markets and distributors in multiple regions (e.g., Wonosari, Prambanan, Muntilan).
- Initially started by selling market snacks and mushrooms, then pivoted to vegetables after noticing farmers’ difficulties selling during the COVID-19 pandemic.
- Focuses on products like oyster mushrooms, gambas ceme (a type of gourd), bitter melon, cucumbers, eggplants, and chilies.
- Expanded from retail selling to a more distributive business with multiple markets and farmers involved.
- Financial Performance and Challenges:
- At peak, daily turnover reached 6 to 8 million IDR; monthly revenue was around 150 million IDR or more.
- Due to weather conditions (drought, lack of water), harvests and sales dropped to around 60-90 million IDR per month.
- Despite fluctuations, average monthly income remains around 100 million IDR.
- Plans to scale up with a project involving 10 to 30 tons of gambas per month starting January.
- Operational and Management Strategies:
- Manages finances with the help of employees and parents; employs former schoolmates to assist with operations.
- Uses a system of pre-purchasing from farmers when no buyers are available and selling to markets or distributors.
- Stores vegetables at a rented space next to his father’s retail stall to facilitate logistics.
- Emphasizes fair pricing to support small farmers and takes only a small profit margin.
- Mindset and Entrepreneurial Philosophy:
- Advocates lowering personal prestige and overcoming embarrassment in youth to pursue business opportunities.
- Believes success is when people work for you, not the other way around.
- Encourages young people to be independent, create their own income, and help their families economically.
- Stresses the importance of perseverance, discipline, and gratitude, crediting religious faith (Islam) as a source of strength and motivation.
- Rejects societal stigma around selling or working in agriculture, emphasizing the value and dignity in entrepreneurship.
- Education and Support:
- Receives entrepreneurial education through school programs (PKWU entrepreneurship learning) which teach business opportunity analysis, innovation, and creativity.
- Credits his teacher Mr. Wahyu Setiawan for instilling perseverance and discipline.
- Vocational school (SMK) seen as a fast track to entrepreneurship and employment, especially important given industry disruptions affecting vocational graduates.
- Future Plans:
- Intends to expand the number of farmers he works with from 10-15 to potentially dozens.
- Plans to provide capital assistance to farmers to help them plant more crops.
- Aspires to grow from a distributor to possibly entering the culinary business.
- Considering continuing education in college, possibly unrelated to current business.
Step-by-Step Business Methodology:
- Identify local farmers with unsold produce.
- Survey to check if there are buyers for the vegetables.
- If no buyers, purchase the vegetables directly from farmers at a fair price.
- Store and package vegetables in appropriate quantities (5-10 kg bags).
- Sell or distribute the vegetables to multiple markets and distributors.
- Keep records of orders and deliveries via WhatsApp or other communication.
- Manage finances with trusted employees and parental support.
- Maintain good relationships with farmers and customers.
- Adapt to market and environmental conditions by adjusting supply and product focus.
- Plan for expansion by increasing volume and providing capital to farmers.
- Balance school and business activities effectively.
Presenter/Source:
- Muhammad Alfa Priandito, 17-year-old student of SMK Alukrubuh, Gunung Kidul, Yogyakarta.
- Mentioned teacher: Mr. Wahyu Setiawan (PKWU and software engineering teacher).
- Context includes family business and local farmers in Gunung Kidul.
Category
Business and Finance