Mistakes are always forgivable if you dare to accept it.
BATAS Organisation has gone through many good and bad times, achieved success and faced the failures. Life is all about evolution, what looks like mistakes to others has become milestone in the life of BATAS Organisation. We took chances, made mistakes, that’s how we grew. We learned that mistakes are the portal of the growth. We built our committed empire on the basis of t he lesson we gained from the mistakes we made. Here are some of the mistakes we made. Hope you learn from it:
1. Lack of advance proper analysis of business and market:
We dealt with imported Chinese Automobiles, Korean Bikes, Chinese Tractors and Tyres. That was proud moment for us. But, unfortunately, manufacturer could not provide after sales service and spare parts. Customer wants and deserves to have their property maintained throughout the life time. Hence, because of incapability to meet the customers need we made huge monetary loss, defamation and credibility of the customers. << Show more >> 2. Investment during Economic Recession: BATAS entered into the property investment business with long term vision. However, economic recession occurred at the same time that led to huge loss. 3. Failure to adopt systematic operating system while running some of our dropped Project. 4. Fast Business Expansion: We expanded our business without timely verification and proper understanding of equity business partners especially when the country was heavily affected by Pandemic Covid 19. 5. Wrong Financial Practice: While dealing with Chinese Products, setting the market price created huge problem for us. There was high competition in automobile sector, so, it was hard to trigger into the market by setting real market price. Hence, we had to invoice under the marked price which definitely was our wrong practice. << Show less >>
We have learned many things from the above mentioned bitter experience. However, we do not regret the mistakes, we had made because these experience and lesson helped us to grow to broader horizon.
