“In my case, I began practically without capital. We began business by taking on people’s land for sale on agreement that compensate owners after the re-sale. In real estate trust is an important component. So we always made sure we delivered the agreed price, and then our reputation grew so well that people were calling us up offering lands for sale.
There is another cardinal rule: never block your cash flow and divert it in to other interests, especially personal interests, in the first few years. Your cash flow is like a stream, if you take it out of the business, it runs the risk of drying up.” Profits should be ploughed back in to the company to make the business grow”
Brahmanage premalal
Chairman
Prime Lands Group
(Excerpt of an interview published in Management Digest)