Am going to be honest with you guys, anyone who really want to stand out and pave a way for others to follow has to do it in business, we are meant to learn from history, and one thing history has thought us is that business men take the forefront on Forbes world richest men ranking. According to a research I once conducted I discovered john d rockerfella of blessed memory is the second richest man who ever lived with the first being king Solomon of biblical days. But getting there isn’t easy at all. So if you are an entrepreneur anywhere in the world, this is for you.
AN OVERVIEW
Small and Medium size Enterprises which is the act of conducting business on a small or medium scale, has been in existence in one form or another since time immemorial and as grown vastly with time.
Starting up an SME has been made easy in some countries by the government to encourage people going into business.
A lot of people want to go into business today because they feel it offers better time management, where you are in control of your time. But the deadly truth is having your own business could give you sleepless nights in making sure everything goes well and even at that, there are just somethings which are not within your control. Imagine after making productions, you can’t sell these products. No sales simply, means no income that is why many others settle for minimum wages, working for others.
INTRODUCING FRELDO
FRELDO which was coined from the word friend, is a social network which have been around since 2011 and have aimed at solving problems faced by small and medium sized enterprise and are is now exploring the blockchain technology with the support of experienced specialist to reach out to all SMEs worldwide, helping them grow.
Today even with the help and ease rendered to SMEs, it still doesn’t make their job any easier as they have to contend for a market with diverse products from various enterprise which includes large companies and their fellow SMEs, it is sometimes, survival of the fittest as it is recorded that over 30% of business started, close down after the first year and another 30% after 5 years. This just goes to show they are problems faced by SMEs
PROBLEMS FACED BY SMEs
Allow me to give you a short list of problems faced by SMEs, they are as follows;
- High cost of advertisement and marketing.
- Making first entry into the market place is not easy, especially for start-up businesses, because Buyers lack confidence for new and small enterprise, they prefer to order from proven companies.
FRELDO is bringing a blockchain innovation, which will be responsible for bringing sellers and buyers together on a network, where sellers and consumers can communicate and also where sellers can get their product rated by customers and give them feedback. This way, with these feedbacks, any other member of the platform will know whose product is more efficient for his/her need, thereby increasing their confidence in patronising them even if it is a new business.
With Freldo, SMEs will not have a need for using internet adverts, which generally do not improve their sales, as Freldo will also act as publishers for their business, staring up awareness for them in the community, therefore relatively cutting cost for them.
FRELDO is already growing vastly in the united states and in Canada and soon going global. It has the capability to meet the need of today’s market, that is why you stand a lot to gain by being a part of FRELDO. Make the decision that will change your life today and be a part of this innovation by joining the ICO which is presently ongoing. You can get more information about the FRELDO project and its ICO from the links below:
LINKS
Whitepaper: http://ico.freldo.com/wp-content/uploads/2018/06/WP-Freldo.pdf
ICO: http://ico.freldo.com/
Website: https://freldo.com/
My BitcoinTalk profile link: https://bitcointalk.org/index.php?action=profile;u=2313436
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