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Great idea can I join this idea?

Great idea !

That's a great idea, Sandeep! However, you need to understand that providing full personalization for every customer significantly increases production costs. When products are made individually, expenses, time, and resources rise, making the process unaffordable for many. This shifts your business model toward being a luxury brand, narrowing your target market and exposing you to intense competition from established brands already offering personalized options. Here are a few suggestions to optimize your approach: 1. Establish Standard Operating Procedures (SOPs): Start by creating clear SOPs to streamline operations. 2. Build a Skilled Workforce: Hire 100 skilled tailors and complement them with automated machines for basic tasks. 3. Limit Personalization Options: Offer selective personalization choices on your website to maintain production efficiency while giving customers a tailored experience. 4. Rural Setup for Cost Efficiency: Set up your factory in rural areas to reduce operational costs. 5. Cap Monthly Slots: Open 10,000 monthly slots on your website, creating a sense of exclusivity while keeping operations manageable. 6. Pricing Strategy: Price your products around ₹3,000 to make them affordable yet premium. This will help in customer retention and market penetration. Revenue Model: Daily Production: 100 workers producing 3.33 clothes each = 333 clothes/day. Monthly Production: 10,000 clothes. Revenue: ₹3,000 x 10,000 clothes = ₹3 crores/month. Net Profit Margin: 40% = ₹1.2 crores/month after expenses. Employee Salaries: Workers earn ₹30,000/month Annual Performance: Annual Revenue: ₹36 crores. Company Valuation: Approximately ₹100 crores based on performance and growth prospects. By expanding internationally, this model could grow exponentially, creating a unique hype around your brand. Focusing on strategic positioning and targeting Tier 1-2 cities with this limited-slot approach will ensure long-term success and brand exclusivity

This is a wonderful idea ! I really love it. Do you have any plans to expand it beyond India ? 🔥