Ryan Ho's Entrepreneurship Blog

Blogging on topics revolving around entrepreneurship.

Archive for the ‘Business Ideas and Strategies’ Category

January-2-12

5 Traits of a Winner

posted by ryan

Following the Win of Melanie Amaro, lets review and look back at why she deserves to win and see if you have what it takes to win.

Just a recap of the video announcing her win.

And the song she song that lead her to securing the Victory Votes

And Now for the Winners Traits

  1. Winner always delivers and shows consistency: She was never once in the bottom 2 during the contest.
  2. Winners cherish every single opportunity right in front of them and hold onto it tightly, with her as the only contestant who was eliminated and revived prior to standing on the Live Stage Performance as she decides to accept Simon’s apologize and return to the competition.
  3. Winners will conceal and reveal their true self only when the time is ripe, whereby in the above video playback of a segment she sang in her real voice with her unique slang that in the past was actually teased of it.
  4. Confidence is something that winners have and they need to constantly strengthen that confidence in order to improve their performance and deliver results in order to receive positive feedback, recognition & acknowledge from fellow judges who’s supporting their own contestants.
  5. Winners  will not crack under pressure and instant will turn it to their advantage and deliver stunning performance by over-delivering on what is expected of them. Referencing to the night where the the top few contestants have to sing their “Save Me Song”  instead of the pre-planned “Pepsi Song” with only 24 hours to practice.

 

Popularity: 1% [?]

November-21-11

Losing is part of Winning

posted by ryan

Losing image

In business, there is a skill that majority of business owners knows but will never talk about it and it is to lose. Losing actually accounts for over fifty percent of the business secrets, something that I gradually realized over the years of learning about doing business from mentor(s) from people of all walks of life.

Most of which are actually failures in life, living in misery, only a couple of which are really successful and they pointed out critical pointers that connects all the dots.

In most multi-national corporations, losing is a  strategy that only companies with deep financial wallets are able to play. Xbox is a gaming unit that Microsoft released just to combat against Sony play station gaming console and to reduce the growing market share of Sony in the gaming market share. It is a bleeding business that’s not profitable where revenue is concern, but to reduce and eliminate competitor’s growing influence, large business are often left with little and no choice to implement that only possible way they can possible know and that is to literally slow down the growth of their competitor’s growing presence and influence.

The most recent unprofitable business will be HP tablet, where they previously declared that they are withdrawing from the tablet market, but turn last minute take back their words and choose to enter the porfitable market but only exclusive to Apple only, even the next closest competitor Samsung is facing an uphill battle fighting against the Apple with their solid system and gadget synchronization with Macbook, ipod, iPhone and iPad that gives their clients a full range of interdependent gadgets allowing end users a larger range of playground to explore on their own on how they like to use the gadgets to the fullest.

In most businesses these days, there are lots more businesses that’s actually making a lose..and bleeding profusely, only that they have other businesses that are providing surplus profits that are able to help businesses recoup their losses, thus they are actually still making a decent if not extra profits as compared to other smaller businesses that may not have other alternative sources of revenue to cover their losses. Losing is a skill, a commercial strategy in fact, to gradually drain the life of other competitors who may have lower financial war-chest to compete and eventually taking over new territorials that competitors has given up. It is just a time factor.

To win, and attain success, is to first learn how to lose, and lose intelligent, not bleeding profusely without any other alternatives solutions to fix a black hole of financial losses. Once an individual or an organization master the skill of doing so, they can over time gradually swallow up competitors either by en-circling them, or buying over via acquisition or take up the lose-lose situation in the short term to win in the long term when smaller competitors burst their wallets and budgets.

The next time you want to learn from a mentor or a organization, try to dig out or probe about their loss strategy, than will you be one-step closer to winning, but you will not be able to learn such losing strategies unless you are near the top of the management, with a superior that can give you insights to how competitors and businesses in the industry are doing with real market data, that makes a lot of different in terms of actual business experience.

If you can’t absorb what I’m saying, just remember the old saying “Failure is the mother of all success”

Popularity: 1% [?]

August-28-11

White Black and Grey Advertising Secrets.

posted by ryan

Advertising Image

Contingency planning is what separates the rich and the poor.

Having multiple back up plans and alternatives in the event if one fails separates the rich from the average income earners.

The kind of alternative plans may not always be ethical, sometimes, it is purposely design and made in a way to provoke others (black), and at times, just to maintain the status quo without any intention to widen the gap between business differences with competitors. Sometimes, by provoking others, leaving an impact, at least it reminds others of their presence in the event that nothing else works. This is widely used by celebrities scandals to boost popularity.

There are difference purpose, methods and variations of using strategies, at times, most of the times, it must and should be ethical, honest (white). In the event where intense competition occurs for huge profits, sneaky (grey) business practices and methods are employed. It may not be morally right, but it is essential to contribute to the success of the business or an assignment.

There’s a saying that goes like this, as long as the cat catches the mouse, i don’t care if it’s black or white. The same theory applies to business, but with additional grey area, so business employs all three channels to get the results they need to maintain and grow profits using white, black and even grey hat strategies to achieve their goals and hit targets.

Real life examples are as such: Military always have this intelligence unit where they legally spy on other countries to keep the power balance check. As for businesses, the beauty industry targets the ladies, at their clients expense..in particular slimming centers just simply cashing in on their ignorance.

Reason being so, is that slimming centers equipment does not serve the purpose at all. The reason why people successfully slim down is due to the hardwork of diet over a period of three months, with the help of a nutritionist counting and limiting the calories intake. Nothing more than it, so body auto-burns off the excess, but what from i heard from my elder brother about his ex-girlfriends slimming center homework, their diet plan was unhealthy and planned purposely to greatly make the body feel like nothing to burn, so they end up burning the muscles when there’s no calories to burn, thus getting the weight lost by losing the muscles that our body need.

That’s may not sound pleasant, but it’s the truth behind some business profit models. Mastering the different range of advertising strategies will help increase the percentage of success in the long term.

The best advertising method is considered to be a grey practice, whereby they leverage on the female models looks to sell even if they know nothing about the product they are selling. This strategy has worked for decades and will still continue to be effective in future.

There are many variations in which we can apply alternative solutions to get the profit that we and the business are after, but not at the client’s expense, and that’s what keeps only the truthful morally and ethically correct business afloat and profitable than other businesses that employ sneaky methods, who than are only able to profit by targeting only new clients, thus most business in such sneaky business pay huge sums of advertising fees to keep the business afloat.

Popularity: 2% [?]

August-21-11

Failure is the mother of all success

posted by ryan

Failure Picture

There is a common saying, failure is the mother of all success.

While many people claim that they know they what failure means, but from the action, and response, it is clear that majority of the individuals do not even know the what the real definition of failure means.

To succeed and win in places where majority of all others have failed, there are a couple of reasons why we all must learn first learn to fail before we succeed.

In business, it is always a route of hardship and it is never easy. Should a individual or business entity always have a smooth journey towards the top, when he/she is faced with a obstacle, than will they understand why it is best to first learn how to fail before winning.

Reason being so is primarily because once the person at the top loses the top position, they will drop all the way downwards to the rock bottom, with no chance of survival. The person or entity at the second position who just took over the first spot, will utilize their own network and connection to block every single opportunity to block a fallen champion from reviving and take back their former glory.

Just look at Tiger Woods, the moment he dropped from his number one spot, to fifth, twentieth position and finally twenty-fifth world ranking than lost his own aura, the fear that most golfers would respect him has literally vanish into thin air. The respect that most golfers had of him gone down the drain, as he is still trying to correct his own swinging style to make improvements and get more birdies, eagle if not hole-in-one hopefully.

While the respect, aura of fear has vanish, the public and the crowd are still following Tiger Woods, as he still possess much more media attention than the other newly crown champions.

From the wife chasing after Woods causing him to get into a car accident, to sex scandals, to knee injuries, all bad times happening one after another, thus causing him to lose momentum, focus and old injury made matter worse..

While most can be prevented, by learning from history, but arrogance has led to his very downfall, and now he is learning to pick up the pieces and learn to be a better man by paying for the consequences in financial compensation to impose a gag order on his wife, his ex sexual partners from talking about it.

This is something that many of us can learn from, is to first fail many times, before we rise all the way to the top, so as not to allow such an incident from happening.

While we still do not know what is the future for Woods himself, all that we can hope for is that he had better find back the old shelf, with the good swing, and learn how to be a better man. It is only that after he apologize, and admit his mistakes, that the crowd is still willing to follow him, giving him a second chance.

Failure is not scary, in fact it is a must go-through experience, only which will it make us a better person. Success is scary, as it creates the illusion of everything is going smoothly, so there’s no contingency plans made, thus it is a long way back up to the top, taking a long time to climb back up.

To win, and attain success, fail first, and fail faster than all other competitors, so in the event competitors fail, we who have already failed, know how to do damage control, minimize the loss to the lowest, and emerge as the winner, just like how the Singapore economy was able to remain competitive and have a stronger currency value and positive outlook when the USA, Europe financial markets are in turmoil.

Thanks to our cabinet ministers and their rich experience of past hardships, experience, and most importantly, learning from history, than are we Singapore able to withstand what many other economies globally are unable to. That is success, and it should be celebrated, but celebrate it in a positive way to serve as a reminder for others not to repeat the same mistakes twice.

In short, to succeed, first you fail. Next if you fail again, learn from your own experience as well as your competitors’ failure and find out why it happened, and turn them into you experience. Next study what causes global failure regarding whatever markets that are connected to our sources of income and come up with back up plans to protect it from the incoming risk.

That should be the reason why failure will only lead us towards success, and not to repeat history to fail again twice in the same area.

Popularity: 9% [?]

August-8-11

Maintaining Secrecy Is The Key To Success

posted by ryan

Miaintaining Secrecy Picture

The main difference that differentiate the rich from the poor is the way they handle  secrets.

The rich succeed as they know clearly and surely how to keep their lips sealed, and hold onto the confidential information that they know should not be shared or passed around even to their closest next of kin when profits, integrity, reputation is at stake.

By keeping the information to themselves, execute the instructions, get some results first before they filter and share the secret with only individuals who deserve to get a slice of the pie in exchange for something of similar if not better future prospects.

The key point here to note is, information exchange, helping each other to grow richer based on core expertise guidance in respective markets to grow their wealth both ways, thus creating multiple streams of income by letting the experts handle it, and does it without any questions nor doubts.

The poor continuous fail due to the very different approach of how they handle private details that should not be disclosed at any point nor to anybody. They trade in the information in exchange for fake friendship who are just like leaches sucking the blood and taking a free ride without any intention to provide any benefit to the provider.

When information is concerned, the less people knowing it, the better, so there’s more to earn, and the less hands it passed, the more accurate it is, as it reduce the changes of it being misinterpreted. When there are discussions, secrets turn into news, and soon after it becomes a gossip and turns into speculations, and eventually becomes a bet in a form of gambling. Without any form of proper knowledge of handling money, they than blame their inability to control money and push the blame onto the person giving the ‘secret’ to them, and asking them to compensate for their losses, and keep quiet if they do make a profit from their friends.

The difference that makes the poor poorer, is also due to diluted profit sharing, the more the share, the less they get. The more they share, wrong information get passed around, and it may affect the market patterns when it stocks market is concern. They refuse to return anything nor share any other profitable revenues in return, nor do they have anything to offer in return, thus they can never ever grow their money.

Money multiplies in the form of growth, it takes the correct first step to repeat the second step and grow the amount over time with due diligence and not negligence that cause greed, laziness to do homework and depend of quick tips and bet their whole fortune and pay a heavy price of loss and the bitter taste of failure.

The best part of secrecy is that until you earn the rights, it is extremely difficult if not impossible to succeed without any guidance. Start off by learning how to keep information secret to yourself first.

The most important point to note to succeed and make it big in life (shortest possible way) is to pay your way into the secrets. This is the identical strategy adopted by even large companies where they acquire smaller companies just so to get their hands on the trade secrets.

The thumb of rule to success are as follows:

If you got no money, earn it, than spend wisely.

If you got money, buy information and get others to work for you.

Popularity: 2% [?]

Opportunity Compass

There are many opportunities all over the world in different forms and disguise, we just have to find the right one and capitalize on it.

From business, investment  to even relationship, volunteering work and learning, there are so many opportunities, we all just need to analyze which one is suitable for ourselves and grab hold of it before anybody takes it away from us.

In investment, there are opportunities happening daily in the stocks, forex trading, options, electronic trading funds (ETFs), bonds and many other financial products to invest in, but to find the right opportunity best suited for ourselves requires more than just a basic understanding of how it works.

There are a couple of points in helping to determine if it is right for us based on our resources and information.

First: How much investment capital do we have? The amount of capital determines the amount of returns we’ll be getting.

Second: If we understand what product the investment is all about, the implications, highest and lowest point of value based on historical data and the trading patten, with who are the investors and speculators. Knowing how big the market is, as well as how many competitors there are, if there is high demand, low supply or vice versa, all of which makes a lot of difference in determine the right time to cash in on the investment and when to exit to maximize returns without even incurring any loss in best case scenario.

Third: Knowing, understanding of the market, the related products tied up if not may pose as a contributing factor in supporting the value of the opportunity that reflects the buy-in price of the investment. When the returns on investments meets up to expectations, having knowledge helps in determine the next higher level of playing field that investors must upgrade to, so as to make with less competitors, but those with deeper pockets, ensuring each investor gets a slightly bigger slice of the pie. Capitalize on the news, predicting the potential changes and reactions to the market and adjust the investment portfolio accordingly.

Fourth: Self-reflection is important to determine is we have the expert knowledge to invest or do we outsource it to a professional investor and not a professional employee that are parked in the stationed in property and insurance companies.

The successful investors always buy and earn their way into getting the right connections to maximize their profits by buying the same investments that the experts are eying on.

The poor investors and speculators only listen and trust their funds to professional employees without professional investment strategies nor experience, nor is it their interest in helping clients get rich, rather they are paid for servicing companies’ clients, so they don’t really care if clients profit or loss as they get something like a small percentage service charge on the funds invested with the company.

Fifth: Timing – There is a saying “It is better to be early than to be late. Better to be late than never” which can be applied to literally almost anything and everything. Knowing when to go in and out, at times even to pause and wait for the next cycle of identical pattern the next week.

Once you have a basic understanding of how to access the opportunity that is/are coming in your direction either directly in your face, beside you, or behind you, than come up with your own check list to check if all the conditions are met before you jump into the opportunity and ride with the wave.

Popularity: 2% [?]

Risk Management Picture

Risk management is to identify, assess and prioritize risk (both positive and negative) followed by coordination of risk in keeping the damage to the lowest possible if it comes as negative, and maximizing opportunities should it be positive to the business or in any event or projects.

In business, there are a couple of ways where a business entity can minimize their business risk. Via modelling after what other industry best practices are doing. Below are a few time tested, proven by large multi national corporations all over the world, used by banks, financial, property and even politicians.

First: Diversification: Spread out the risk, and reduce your own entity’s or individual risk on your name. >> Financial bankers, consultants always recommend clients to buy multiple types of investment products, so that in the event should a particular market collapse, the client still have other positive markets not tied nor linked to the troublesome market, thus able to still collect positive returns on investments.

Second: Using other people’s money: Heavily used by property developers, business owners seeking investors, and franchise business model. This way, the individual has got no fear of failure, with such mindset, he/she will be able to concentrate on what works and profits the growth of the business, and big businesses really encourage such practice.

Third: Deal and transact with only low if not zero risk clients. That is why insurance companies make lots of money, and they reject non-healthy clients with pre-existing illness that will cause a dent in their profitability. Supported and strongly encouraged by government globally due to high taxes from such entities.

Fourth: Liability Protection: Every single profitable business in the world have their own respective terms and conditions, clauses for clients to agree first before engaging their services, so as to state clearly only certain type of risks will be taken responsible, and not for individual clients actions should they try to outsmart the system by taking actions in their own hands, and push responsibility to the business.

Fifth: Work with only well-behaved clients and business partners who would give them long term business and sales. Which is why businesses also have their own private black-listed clients and business contacts list, and they ask for feedback from each other, so as to protect themselves from any potential harm. Identical to the ideology of parents do not want their kids to be anywhere near if not hanging out with bad company.

Sixth: Identify a place, environment whereby you can repeatedly fail without worries that you can never ever stand on your feet again. So that when you fall down, you can still stand back on your feet, walk away without any serious injury. In other words, it means, learn to fail with only resources that you can afford to fail without putting yourself in deep trouble that will put you out of business permanently.

Cost of failure in internet allows individuals to fail anywhere from fifty to thousand times without any serious loss of financial expense. While real life physical business will hurt the owner in a single attempt if their pockets are not deep enough as it cost at least a quarter of a million to be considered having test and run a real business with an outlet and the proper tools, equipment, staffs and rental all factored in with other considerations too.

Seventh: Hire a expert, or consultant to monitor your trial and error process, so that you know what went wrong, and how to correct it, the last thing entrepreneurs want is to keep testing and get no results, no feedback, so even if they found a winning solution, but don’t know what is the formula to eliminate poor practice. Have the expert or consultant to sign a agreement not to copy or use your business secrets in anyway possible unless he works with you, so you know you are well protected and taken care of.

If you are in employment, it is considered one of the safest place whereby individuals can keep on failing without fear of losing their source of income, as they are still paid regularly.

If you are unemployed, allocate and set aside budget for your daily, and monthly expenses, than use remaining available savings, spread out over six months or a couple of years, divide the fund equally and start your business online, this way greatly reducing your expenses yet allowing you to cast a wider presence with the help of internet.

Popularity: 2% [?]

July-12-11

Timing

posted by ryan

Timing Picture

Timing is everything.

It matters in business, relationships, education and even life itself.

In business, investors, business owners, operators always wait for the right timing before executing their advertising, promotion campaigns in order to capture the highest potential viewership and attention when it comes to buying advertising spots in television, radio, newspapers, mobile marketing using apps.

Examples like: Cashing in on year end sales, especially when Christmas and New Year is round the corner, thus giving more reasons for customers to buy more. As they need to buy gifts, and new furniture, new renovation, repair works to give their homes a uplift for a new year with new look for fresher feeling.

In relationship, both genders will at times capitalize on the best moment to propose the other hand to live together as a couple.

As for education, tests and examinations are always place at the end of each term and closing academic semester respectively. Why can’t tests and exams come before studies? It’s obvious, as they need ample time for students to learn, practice and prepare themselves, getting ready for the examinations.

Getting rich, be successful also requires timing, wait for the perfect moment, but as we wait, get ready, and be prepared when it comes. else when you miss it, the spot will be taken by others who are more prepared than you. (This always happens in sports, businesses and even relationship.) Only people who grab onto the opportunity when presented clinch the top honors, and recognition.

Success must be continuous riding on the momentum and maximizing on the frame to go even higher. It’s a bit like how celebrities using some tricks or two to gain more publicity, so as to become popular and earn more money.

How to seize the moment. It is simple, but again, it is not easy. While you wait for the perfect moment, continue working on other projects, if you have completed one, as you monitor the already success project, than work on slightly bigger project riding on your previous success, as those are only temporary, so work on more projects, so when the time comes, the person/business who is more successful with higher profits (combined) compared with their competitors wins.

He who succeed, and thinks it is his/hers, will not win. Just think of the the rabbit and the tortoise story and you will understand.

Winners never take break, losers take lots of break.

So what if you want to take a small break, make sure you have an edge/advantage on your competitors, take a break, rest yourself, and get back up fast before your competitor is within your sights (radar), you will continue to take the lead. By that, it means always be aware of what competitors are doing, thus you can take a break as long as you continue to let them play be the chasing pack, while you lead the chase.

Never rush, plan your time properly and you will be one step closer to success, it is just round the corner.

 

Popularity: 1% [?]

July-10-11

Pricing

posted by ryan

Pricing Model image

The pricing model is something that has always attracted my attention for many years ever since I know that I wanted to become my own boss.

Many people often question how and why are there so many expensive products, brands, businesses all over the world. Finally I have found the answer to that question. Although it took me minimally not less than five years.

Since the day I set my sights on becoming my own boss, I was learning anything and everything that i have access to, and luckily, my efforts paid off, not in monetary terms at least at the moment.

As I did my own project for testing and market study behavior over the past few years, sharing free knowledge of business secrets, insights and strategies, there seems to be of no value. Even when I help people to save money, by answering questions that sales agents will not want their prospects to know, I solved their queries at my own expense (in a forum filled with nothing but irresponsible agents), I was broke, only a word of thanks, and that’s only something that happens once in a blue moon.

Even in my own blog such as this one, while I expect nothing out of this, as i just took it like a test project, it did help me benefit one way or another in financial gain, but the contract has yet to be finalized, I’m still working on it. It isn’t the contents nor quality that I gain, but the popularity and the ranking in search engines that has returned me the favor in future potential returns that I will be capitalizing on.

So much for Free Stuffs. They don’t not work, nor do they benefit you financially, unless you have some other agenda, like why i blog, I got that results i wanted, and I’m happy with it.

Back to the subject proper, having talked about free stuff and the zero returns on investment, anybody who think they want to try out giving free stuffs, information should never ever think about it, if you do not have a way to monetize on your free stuffs, information or product that you are giving away for free. Think of a way to generate income/result from a thing before you offer free stuffs.

Now for the middle to expensive high end stuffs. With my few years of employment since fifteen until before i enlisted in national service, having served both low to middle high end clients, seen and somehow understand the reason and benefits of imposing high charges.

Businesses dealing with high value clients actually in fact have a easier time doing business, even as employees dealing with clients, they behave, react, and act way much better than the clients who I served at low end businesses, pay so little, yet expect everything more this, more that.

Than attempting my own projects, following closely and observing my mentor’s business growth and strategies, i managed to get it craved in my head, that it is better to serve high end clients than low end ones. Should you really have to serve the low end clients, think how you can serve more more clients while doing less work, and when you find that answer, you might be given promotion, as you help the business grow.

There are multiple profits and benefits as compared to offering to low end clients.

1. VIP Clients are appreciated, they make your work easier and happier.

2. VIP Clients knows the value of service and work stuffs and business owners put in thus charging higher price, so they do not complain even once as they value quality service in return for a pleasant and unforgettable experience.

3. By having higher fees, cheap-skates will automatically be barred due to financial reasons, thus greatly reducing the possibility of having any complaints who do not even know what is expected of them, the service, product quality they should be getting, and in most case, they always ask for more than what they are paying, so this cuts down lots of unnecessary trouble.

4. With high fees, personalizing, customization and providing first hand service experience to VIP clients gives the clients more time, and convenience to the business as well, as the high fees compensates for the lower numbers of clients at least for a few times so it justifies the financial accounts positively, and it helps grow the business too organically.

5. Both VIP clients and service stuffs are always appreciated by the business owners and operators thus given good treatment, and they might be their future business partners, investors thus there is a possibility of unexpected profits from joint ventures via the connections of the clients as well as the employees whom have delivered quality services, may end up being head-hunted by a VIP client to become their in-house trainer; which I did heard of it happening at least during my stay working in a five star hotel when I was still in the teenager age before enlistment.

6. Time & Profit matters: More time is spend on the event, clients and delighting the clients, so providing quality, which is the core of every single business, yet not many businesses (excluding the MNCs) actually follows this simple rule. Other small middle businesses just focus on sales, but not customer service, thus they never grow and always have the typical glass ceiling of profits that they cannot overcome no matter what methods they try.

7. Scarcity is something very important to the business, especially if you are one of the few people in the world who knows and are providing the services to businesses to help them grow their business, that way you can charge well above market rates, as there is not guide yet, as long as you can justify your price with savings and sales for the business. That’s the very core behind any pricing model.

A Happy Employee = A Happy Customer = A Returning Customer = A Happy Profitable Business

That’s what majority of the sales industry those still struggling failed to realized, yet they keep expanding compromising on the service delivery. If you want to earn more, and grow your business fast, make sure you pay your employees above market rates and treat them well, in order to keep them loyal to your business, very good example will be the bankers. Paid awfully huge amounts for quality service, unlike in the Food & Beverage industry, overworked, underpaid, and worse, unappreciated by the superiors. Even property, insurance industry cannot pay as well as banks do.

Popularity: 1% [?]

July-8-11

Experiencing Fear

posted by ryan

Fear Poster Image

Fear is a distressing signal to a perceived threat, impending or imminent danger. It can also be cast from imaginary threats that is not for real.

There is a great difference in the way we handle fear against those from bought up in western culture.

Asians have lots of fear, due to the lazy parenting methods of scaring babies to keep them from making trouble, thus they grow up to be afraid of anything and everything that is unfamiliar or unknown to them.

Westerners on the other hand, never groom their children to be scared, instead they always encourage their babies to continue trying, and stand up where they fall until they succeed, such is the difference in how people living in different cultures have different understanding of fear. As westerners, they never know what’s fear from my perspective, as they were not taught to be afraid, thus they are more entrepreneur than most of the Asians.

To face fear is to venture into the unknown. When people do not know what they do not know, and they keep trying until they succeed, than comes a success formula that they are quick to duplicate in everything they do to multiply their results.

I have my own fair dosage of fear.

The most memorable experience of fear was when I was fifteen, on a trip to mountain expedition in Malaysia, organized by the uniform group that I was part of. Realizing that I was afraid of heights (walking on a path next to steep slops of the mountain) only when I was three quarters up route towards reaching the submit of the mountain, my legs was shaking, as the group was pushing forward fast, at that moment, another team mate got a leg cramp, and was forced to stopped, while the mountain rangers had a quick discussion, they radioed back to the head quarter office, leave a ranger by his side, and the rest of us abandon him in the care of the ranger and move forward.

The climb was hard, having reached the submit, with only thirty minutes stay on the submit, it was a mad dash down to back to base camp at the mid point of the mountain. It was only during the dash back to base camp for safety that i learn the fear of death was not as scary as being left in the dark of the mountain forest without a shelter over our head for rest and putting myself and the team mates at risk and the mercy of forest creatures.

After that, fear was something that was deleted in my mind until the last weekend. Another fear popped up, the fear of speaking to a camera – I was giving a testimonial of my search engine optimization results for being found on page one major search engines like Google.com, Google.com.sg, Yahoo and Bing. At that recording period, in under three minutes or so, i had five NGs..without a script, I was instructed to write out what I wanted to say in the camera if not I will repeatedly have blank thoughts, and left speechless in front of the camera again.

After the training ended, I took another attempt at the testimonial recording, and surprisingly, it was fine in just one take by reading from the paper that I prepared with considering having to rush to catch the last train back home late in the night.

Few days have passed, i realized something in common on confronting fears, we can never be too prepared for it, but be prepared nonetheless, and when you are being rushed, fear is non-existent at that very moment, at least it works for me. Being placed under pressure is what kills fear.

Now that I think and link up with why businesses always have date lines, contracts to follow, somehow it give a slight element of pressure, so people will not think of what’s going to happen if they do this or that, but rather forcing them to meet datelines or risk compensating clients for financial loss, which is effective.

It works by eliminating the fear, and replace it with financial loss, something that is practical, logically, so our minds will be in control by not thinking too much, just following the instincts and never look back, coming up with different methods to  shift the attention of fear if not divert their attention to somewhere else of higher importance.

After i understand the link between fear, pressure, contract, it links up with time limit and punishment. When we set a time limit and a harsh punishment to ourselves for not meeting target, it could be the very step that will push everyone of us forward towards achieving our goals and targets in life.

Perhaps you should give it a try. Hope that you can conquer your fear this way too.

The fun yet stupid part of fear when you learn to overcome it is that when you look back, and ask yourself :”Why am I afraid of this silly thing in the first place, now that I have completed what i previously thought impossible”

When I think about it, there are still many small and unknown fear that I have, I just have to overcome them one by one, and I hope you will overcome them too.

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