Join us for this MERI Podcast episode, which features Seid Mohammed-Berhan, Founder and CEO of Ambassador Group consisting of Ambassador Garment, Ambassador Hotel, and Ambassador Mall. We discuss a broad range of topics in this episode, such as: - Starting a business - Challenges faced during those times - Expanding business Discover the experience and practices employed by Seid Mohamme-Berhan and gain valuable knowledge and life lessons from his experiences. More from our partners: Dashen Bank Website: https://dashenbanksc.com Telegram: https://t.me/DashenBankEthiopia EthioTelecom Download Telebirr Remit App on Playstore : https://play.google.com/store/apps/details?id=com.ethiotelecom.telebirr.remit&hl=en&pli=1 Appstore: https://apps.apple.com/us/app/telebirr-remit/id6642675033 Website: https://www.ethiotelecom.et/ 00:00 - Intro 01:52- Opening 03:05 - Background 16:27 - Merkato Shop 16:59 - Ambassador 22:36 - Scaling up 25:58 - Peaking timeline 27:25 - Ready-made products 29:05 - Hotel and Mall business 32:41 - Challenges of running a hotel business 35:18 - Outsourcing 42:29 - Textile and Garment sector 43:03 - Future plans 45:37 - Ambassador mall 51:04 - 1 minute Run-down questions 01:02:37 - Working with family 01:07:09 - Focusing on one business vs multiple businesses 01:16:34 - the struggle of successful people showing up on media to share their experiences 01:19:41- Final words 01:25:14 - Wisdom Social Links https://www.linkedin.com/company/meripodcast/ https://www.tiktok.com/@meripodcast https://twitter.com/MERI_Podcast https://www.instagram.com/meripodcast/ https://t.me/MERI_PODCAST https://youtube.com/@Meriwoch?si=yIpJ3byprnVNwKi1 Copyright Notice for Meri Podcast: All rights reserved. The content featured in this podcast is protected by copyright laws. Unauthorized reproduction, distribution, or modification of any portion of this podcast is strictly prohibited. For permission to use our content, please contact us at info@meri.et Thank you for respecting our copyright.