At 20, He Started Making Inexpensive Workplace Chairs. He’s Now 23 & Incomes RM1mil Income/Yr.

At 20, He Began Making Affordable Office Chairs. He’s Now

Benedick Chen (Ben) was simply 20 when he began a manufacturing unit of his personal that manufactured workplace chairs in 2017. 

three years prior, he was working in a manufacturing unit of the identical enterprise, began by his father in 1988. 

Whilst a young person, Ben didn’t like the best way his father would overlook the alternatives for development that increasing the enterprise on-line would deliver.

“The manufacturing unit was reluctant to just accept my concepts and make adjustments, as they weren’t aware of the digital world and on-line actions,” he mentioned.

“Due to this fact, I took the chance, and began my very own manufacturing unit with my concepts once I was 20 years previous.”

That’s how Alterseat Malaysia was based.

Failure Is The Key To Success

All their chairs are handmade by the workforce / Picture Credit score: Alterseat

Ben instructed us that venturing out on his personal whereas discovering and exploring other ways to begin the manufacturing unit from scratch was the hardest interval of his enterprise.

With no formal training within the discipline, the younger entrepreneur relied on the information he’d gained from the experiences working in his father’s manufacturing unit.

Resulting from his age, one of many greatest struggles he confronted was being appeared down on. 

“Generally I needed to conceal my age or id with the intention to run gross sales,” Ben mentioned. 

He was additionally working a number of jobs to achieve capital for his startup. 

“Nonetheless, what gave me the arrogance to begin the enterprise alone was believing failure is the important thing to success,” he mentioned.

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After all, the method of constructing and accepting failures requires a fantastic mentality, however he believes that on the finish of the day, it’s all a part of the method.

On whether or not or not Ben appeared to his father throughout this troublesome time, he mentioned that wasn’t the case. 

As an alternative, he selected to focus his enterprise mannequin on clients, in contrast to his father who centered on the competitors.

In the long run, his methodology was extra sustainable than his father’s within the long-term, and Ben believes that that was the explanation why his father’s manufacturing unit later failed.

Being Buyer-Centric Paid Off

By 2019, simply 2 years in, Alterseat broke even and profited with an RM1,000,000 annual turnover in income.

At present, it’s nonetheless steadily working as a furnishings manufacturing firm creating customisable ergonomic workplace chairs.

Ergonomic chairs are designed to offer consolation to its consumer when sitting for prolonged durations of time whereas working. 

Workplace ergonomics is an issue we’ve written about earlier than.

Final 12 months, we received a chiropractor to guage the methods we sit and wrote about an adjustable sit-stand desk by EVIS. We additionally talked concerning the latter’s legitimacy on this video. 

One among my greatest issues with ergonomic workplace chairs is that they have a tendency to solely work should you’re the best physique measurement (normally height-wise) for it.

To not point out its steep worth factors ranging above RM1,000. 

Due to this fact, Alterseat makes their chairs customisable without cost and sells them at factory-direct costs.

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Relying on the design, their workplace chairs vary from RM199.90 as much as RM799.

However that’s not the one motive why Ben made his chairs customisable. He took notice of how a lot folks appreciated customising issues they use on the day by day.

“Understanding that folks might have totally different tastes and preferences for the chairs might be a enterprise alternative for us to hold out,” he mentioned. 

Uncooked supplies to construct the chairs / Picture Credit score: Alterseat

Thus, the corporate gives numerous customisation choices together with colour choices for a chair’s netting, leather-based, and different cloth. 

“There are additionally clients who’ve a decrease finances, we permit our clients to vary the elements of the chairs that they’re eager about to decrease down the fee, in addition to the pricing, such because the armrest, base, mechanism and headrest,” mentioned Ben. 

Solely 5% Of Their Chairs Bought Require Customisation

With so many selections given to clients, you’ll assume that Alterseat’s customisable chairs make up nearly all of the corporate’s gross sales.

However Ben replied quite the opposite. It is because all their featured merchandise are designed based mostly on the calls for and suggestions from their clients.

So, nearly all of them haven’t any issues with shopping for the common chairs, albeit whereas opting to vary some colors.

“We might say that 95% of our orders are simply the common chairs, and the remaining 5% are the customisable orders,” he shared.

Chairs which might be able to be shipped out / Picture Credit score: Alterseat

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The corporate serves each B2B and B2C shoppers. Some companies they’ve furnished with workplace chairs embrace Perodua and RedBull, which Ben mentioned mark some huge turning factors for his or her development. 

The workforce of 12 now has the MCO to thank for his or her fast B2C development over the previous few months as properly. This was resulting from Malaysians constructing workplace areas to do business from home.

For Alterseat’s long run aim, they wish to place themselves because the go-to model for ergonomic chairs. 

Within the brief time period, they’re increasing their manufacturing line by innovating distinctive and precious chairs, tables, and different unfastened furnishings like adjustable or foldable tables on the lowest worth potential.

You may be taught extra about Alterseat Malaysia right here.You may examine different Malaysian startups right here.

Featured Picture Credit score: Benedick Chen, founding father of Alterseat

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