MommyHana began with a mission to revolutionize children’s learning through interactive education. Fueled by innovation and a deep understanding of parents’ needs, it transformed from a small venture into a leading brand in educational products.
“Entrepreneurship is not just about selling a product—it’s about solving a real problem and making an impact.”
In our early years, MommyHana experienced remarkable success. Our innovative educational products resonated with parents, driving strong sales growth year after year. However, as demand increased, so did operational complexities. We expanded rapidly but without a structured strategy, leading to financial missteps and inefficiencies. Leadership gaps, cash flow mismanagement, and a lack of clear business direction began to take a toll.
Over time, our revenue plateaued, and soon after, we faced a significant decline. The once-thriving business started experiencing slower sales, and our market presence weakened. It became clear that growth alone wasn’t enough—without a solid foundation in business strategy and financial management, sustainability would always be a challenge.
Realizing that we needed expert guidance, I turned to professional business advisory support through RichWorks Consulting Group (RCG). Through their structured SME consulting services in Malaysia, I gained invaluable insights into financial restructuring, leadership development, and strategic growth planning.
RCG’s coaching helped us refine our business model, streamline operations, and rebuild our marketing strategy. By integrating structured financial planning, digital transformation consulting, and leadership development consulting, we regained our momentum. We implemented systems that optimized cash flow, strengthened our team’s capabilities, and improved customer engagement.
The results spoke for themselves. After experiencing a period of stagnant growth, MommyHana saw a significant turnaround. Our revenue not only recovered but surged to new heights, surpassing our previous records. The combination of structured business strategy, data-driven decision-making, and strong leadership allowed us to scale sustainably.
Today, MommyHana stands stronger than ever, serving thousands of parents and children with high-quality educational tools. Our journey, from rapid success to a challenging decline and then a powerful resurgence, reinforces the importance of the right business strategies.
Mohd Farid bin Mohamed Sangido
Founder of MommyHana
Retail Industry