Ryan Ho's Entrepreneurship Blog

Blogging on topics revolving around entrepreneurship.

Archive for the ‘Business Ideas and Strategies’ Category

July-2-11

Change

posted by ryan

Change Image

Change is happening everyday, every second all over the world.

The ability to change will determine the fate of an individual or an organization.

Like in the picture above, if the surfer refuses to change his original plans to surf on the same big wave of the shark in the picture, he will face a seriously fatal consequences, a higher possibility of being the lunch, dinner or perhaps a snack if the shark only makes it off with a bite not fatal to the person.

In business, it is always welcome by enterprising business owners, investors, and execution officers in charge of the business. Because with every new change, it levels the playing field, lowering the competitive due to new rules and guidelines, and giving more rooms to individuals who are eagerly seeking to take advantage of new technology, information passed on to the majority over new recoveries of health studies and researches on how to better improve our overall health.

New information means more profit, but only to those who took advantage of the newer technologies. Most recent examples are the new media technology using apps.

The trend setter was Apple with Steve Jobs leading the direction with iPhone, iPad, following closely behind are other major brands like Sumsung, HTC and many other brands adopting new technologies to ensure that they do not lost out their already existing market share of clients under their brand and hopping to newer brands.

Nokia on the other hand, took a rather really slow approach, whereby it is literally being forced to accept 3G phones technology to remain competitive for profit purposes. When they did launch, they had a twist, a new trend or technology without 3G connection for developing if not under developed countries with cheaper, affordable prices to capture a market share of other niches that many businesses didn’t take much interest in, due to their limited exposure to certain nations where only low cost phones are accepted due to poverty issues common in the country itself.

Even we ourselves, our body is undergoing constant changes due to the food intake, exposure to external factors such as pressure, stress, pollution, influence that will affect how our body reacts and response to balance the equation. We are constantly growing older, but not necessarily wiser. It is only those who seek to change positively that will gain more wisdom with time and experience as they accept change.

It is only natural that we change, regardless of it being for health, business, money or relationship, if you attempt to deny change, you are restricting yourself progress of improvement.

Ask yourself if you are stopping yourself in one way or another from moving forward (for better or or worse, it’s all part of learning).

Popularity: 1% [?]

June-30-11

Template

posted by ryan

Template Image

Template is like a model answer, a duplicate and exact copy of what works and helps a person in moving forward towards his or her goals and dreams.

Growing up to be a successful individual is a common goal and dream of majority of the people, it may not necessary financially affluent, but as long as the person enjoys the lifestyle and is happy with it, that’s what matters most.

Organizations on the other hand are often copying each other openly to stay in the competition so as not to be left behind and thus suffer business losses.

Finding the model answer is the simplest and most effective method ever to be successful, by simply copying and duplicating all conditions required.

Just like Thomas Edison who only improved on a old idea about light bulb and perfected it soon after, and duplicating the light bulb following the same formula. It is that simple yet it is filled with numerous trials and error before he found the solution and invented the first commercial ready light bulb.

Template is just like a following the success of others, we don’t not have to think, or even ask silly questions, all we need to do is to copy, and duplicate the same thing and sell it to others for a profit, and that is what most businesses are doing.

Mobile phones, electronic gadgets are primarily manufactured in China while cars are manufactured in Japan previously before the March 11 earth-quake, tsunami, and nuclear leakage., as well as China too producing their own cars for lowest price points.

It is not surprising to hear that there are many other copycats out there with bigger financial resources and always ready to copy a new invention if it is not protected legally. Such is what happened to Thumb-drive inventor Henn Tan who are still going after big companies overseas for copying his patent.

Following his lesson, he got smarter and partner with bigger partners for patent protection to avoid a repeat of such case.

Such is wise, and for ordinary individuals like us, with neither brains to invent nor design something good, it is in the best interest of ourselves that we copy closely tested and proven templates that works, and the owners allows others to use test the product or software that they created in exchange for a small fee.

Copying is legal as long as it is allowed, most investors have their own methods of copying legally, by hiring professionals to help them invest, just that they are duplicating and repeating the same strategies over economic and financial cycles for maximal profitability and stopping loss when there is higher risk where volatility is not applicable for measurement based on historical data and analysis, which is why most investors make money while small scale ‘investors’ who are just speculators may or may not make money depending on their luck and who they entrust their money with.

Where there are a lot of different trading software in the market, stick to one that has being tested and proven to work.

There are a lot of seasoned investors who claims that they have the best software that allows the convenience of without looking at the charts, keeping updates with the news etc. But most such investors only sell and does not provide any money back guarantee to their end users who may find it useless from their perspective, thus that’s when lots of misunderstanding, misrepresentations happen, and create negative reputation for many different experience investors promoting their products.

I was looking for such programs with money-back-guarantee so as to protect myself from any potential loss as within the allowed period, and since I found it, I might as well share it with you guys. Just take a look, DO NOT BUY IT if you don’t feel safe, it’s about Forex Trading, and it also talks about how to stop loss, something that only experienced investors will take about.

Popularity: 1% [?]

June-28-11

Elimination

posted by ryan

Survivor Redepemtion Island - Rusell Eliminated

Elimination is part of every day life.

It happens anywhere and everywhere. From games, schools, to relationships and even in businesses. It is happening on a daily basis.

In a game, like Survivor, where it is both a game as well as reflection of real life, those deemed as a threat to others are quickly being eliminated. In Survivor Redemption Island, Russell was  eliminated from the game, thanks to his team purposely lose to the immunity challenge just to vote him out, and they too paid a heavy price for voting him out in the end for not knowing how to play the game, which they could simply learn it by keeping Russel in the game and kick the weaker competitors out, given the fact that they are fighting against another team who has an equally strong opponent Rob who later gained full control of his team and was finally declared a Survivor Winner on his fourth attempt.

In academic education, the strongest students with the best results gets to choose their desired courses when they graduate and move on to the higher education. Results is what clearly differentiates and tells when, how and what kind of elimination with reasons allowing a student to learn from their weakness thus able to move forward.

In relationship, there are also clear signs of elimination that we can learn from. Failed, broken, separated relationships are signs that elimination is in the process of snowballing and worsening. The most evident proof is which when children grows up, refusing to take care of their parents (those cases of children tried but are unsuccessful due to difficult parents with nasty temper and behavior) living in the old folks home if not on their own with no frequent visits from their children or even siblings.

By the time those people who are already abandoned, realized their mistakes, it is already way too late, that is why seniors at the old folks old, majority of them have learn to contented with whatever companion they have. Happy with the sight of having social workers, volunteers and events to lift up their moods.

However in business, elimination is something that all business owners and investors would least like to hear, see nor experience it themselves. For it mean loss of revenue although it will grow their experience and aid in future business tie ups and partnerships with better results based on previous experiences.

In the business sector, elimination signs are clear, but inexperienced individuals know nothing about the signs, and before they know it, they are debt ridden with enormous debts and unable to save their businesses and in worse case scenerios, forced liquidation and filing for bankruptcy.

It is only up to today, that I realized the real definition of elimination having being eliminated from the business sphere, due to zero profits in one of my test projects. The reasons, I know what went wrong, but it only came to me when some one told me that was not workable. Than I rethink the past, where it was rejected by my mentor previous..somehow it make sense..but one thing is confusing..while my mentor don’t want to be part of the potentially failure business venture, he and his business partner, his own mentor even tried and tested it themselves before joining another business venture similar to what I have already failed in.

So the confusion and question is: Is it what I’m doing not workable, or is it the ways which I’m doing it is wrong, thus it calls for a change of strategies to make it a success?

Business elimination is cruel, it comes without warning, nor will anybody be there to advise you, for every natural business elimination means one less competitor and more business to their own business. Such is a cruel and harsh fact that explains why doing business is so simple, but it is not as easy as you think it is.

It is actually more difficult than it seems on the surface.

From what I have learned, here’s what you can take away to avoid repeating the same mistakes and notice the signs of elimination in future.

1. It comes to you quietly like a sniper or a vulture waiting for the perfect opportunity to go in for the kill.

2. You will expose most of your weakness to your competitors without you even knowing it.

3. There is little competition for that specific market. (It can be either your competitors themselves knows nothing too, or it is just a gold mine waiting to be discovered)

4. You will get hungrier day by day. In terms of financial terms, zero profit, with growing expenses to maintain a failed project/business.

5. Your pace is getting slower and slower, while your competitors are catching up on you.

How you can avoid being eliminated or even being caught in the process are as follows:

1. Set a period of observation of the results.

2. Set a date (time limit) to pull the plug if it it not profitable and focus on other projects.

3. Don’t wait for results to come in before starting new projects. Instead, start multiple projects and develop new products and services while you wait for results to come in. This way you greatly minimize your risk of financial loss with some products that can give you a profit to cover for those loss making projects.

4. Hire the professionals with the network to help you sell the products, never depend on yourself due to limited resources as well as network.

5. Always attempt to new strategies, projects, and services to find the next best source of income, but do it discreetly to avoid telling your competitors what you are doing.

To avoid elimination, there is a very simple and easy rule. That is to follow the leader, copy and learn every single trick the leader does, and make good decisions that does not put yourself and others at risk. In the above picture, Survivor Redemption Island, Russell’s team did exactly that, a poor decision to kick him out, fighting against another strong opponent without a equally experienced leader to lead the fight, that resulted in the whole team’s loss.

To win and succeed, it is always about the basics, follow the leader. (Learn, copy and model after everything that the leader does and wait for your chance, and duplicate the same thing). It is as simple as that, something that I failed to realized sooner. Luckily, I was eliminated with minimal financial loss, for i have couple of back-up plans in pocket.

Popularity: 1% [?]

June-26-11

Losing

posted by ryan

Loser Image

Losing is part of winning. It is part of a strategy. Most people would not want to lose, but in business, and in relationship, we have at times are to lose willingly by making compromise on some things in order to move forward.

Such as to use modern medications, drugs prescribed by medical hospitals and clinic doctors, as we want that drug to help us regain better health, we have to lose a bit of consciousness, getting sleepy at part of the most common side effect that may cause a temporary drop in job performance.

But as long as the temporary drop in performance isn’t a permanent fixture in employment, it is not taken seriously nor will it affect the overall result.

Just moments ago, i wrote about failure, it is part of losing, in fact it is the end result. Losing on the other hand is the process, where the result is yet to be determined.

It depends on what you do and how you react and response accordingly to make things better for you in future.

There’s a saying: “No Pain, No Gain”

We must not be afraid of losing, for it is only after that we lost something, than will we gain something else. Most probably we gain wisdom, intelligence, maturity and experience that would come in handy in solving future problems that comes again.

Even in health, we also need to lose to win. Lose the unhealthy trans-fat, low-density lipo-proteins (LDL) cholesterol for healthy body.

In relationship, we need to lose bad friends with bad company associated with gangs, drugs, and find good friends and company who will lend you a listening ear, help you get up when you fall down. Although it is not physically helping you stand up, but emotionally and mentally be there for you when you need one, it is such that we first need to learn how to lose (correctly) to actually win and move forward.

In business, no organization nor boss can be stingy nor cheapskate to control every single cent that flows in and out of the company or risk zero loyalty possibility if they are stingy with giving employees the right attire, food, accommodation in some industry. All of which falls under business expenses, if everybody is stingy, cheapskate, they cannot and will never gain something back in return. That being said..it is time for us to all learn how to lose to win.

In employment, we lose freedom, time, but we gain money, knowledge, experience that are beneficial in the long term as long as we know how to use it to our advantage.

Losing is not something that must be feared, but being a loser and never able to pick up and stand on their own feet is something that must be learn and avoid at all cost. As such, start figuring out, how can you lose positively to win more in life.

A loss is not a loss until you completely give up and stop trying to recoup your losses.

If you want to be a winner, start losing something.

You can lose but you cannot be a loser.

Popularity: 1% [?]

June-14-11

Syllabus

posted by ryan

Syllabus Image

Syllabus is a collection of specific information on a specific course or area of study.

It is what we all really need that will push us towards success.

The difference between this and those taught in academic education is that the former shows and gives clear steps and instructions by tested, proven successful individuals in the area of subject whereas the latter are directions for course that are strongly recommended by the society due  to high demand and low supply in the employment sectors that is not for the best interest of us individuals who aspire and seek success.

While many seek riches, wealth, they failed to define what they want. Without a clear goal, is like traveling in the open ocean or a jungle without a map for navigation, subjected to the mercy of the occupants for your life. Having to combat foreign competition for food, where you may be caught, chased and be killed for invading into their territorial and be treated as food in the worse case scenario.

Define what kind of syllabus that you want to study. Not all the people might want to go after riches, for it is a difficult area to master without the proper trigger factor(s), and a reason for success, at least in the past. Now that I’ve got it, working on the ways to achieve what I want, and I hope you find yours too.

If you like meeting new people, hanging out and widen your exposure, you are probably best suited for tourism, if not service related sectors where you get to travel and meet many different people, new experiences along the way in your occupation.

If you like to look through details and analyzing what went wrong, you are best suited for a consultant, technician if not an engineer roles.

If you like to help people, the more the merrier, than you would be best candidates for businesses, where you are helping people to solve their problems and all the while getting paid for doing so.

Actually, everything that you do, can be translated into real businesses, it is just a matter of finding, selling the right products, services to the right customers, in the right location, with right price and timing.

Find out what you like best, and identify a professional who knows, has being there, done that who can show you the ropes, so that you can immediate apply what you have learn based on your interest, so you never have to work again, instead enjoying working out of your interest while getting paid.

That’s killing three birds with one stone, and a shortcut to success, that all businesses, successful individuals uses. If you don’t use it, than be ready to be used by others.

Popularity: 1% [?]

May-17-11

Partnership

posted by ryan

Partnership Image

Partnership is a mutual arangement where two or more parties agree to work together for mutual benefits.

A successful partnership not only depends on the decision maker (primarily the boss or business owners) but also depends on the employees who will carry out the execution of the project or assignment.

It is formed to help each other increase their growth or reach in whatever market, niche the business owners may be thinking of expanding into either on personal or on commercial sector.

When it is handled properly, everything will be progress smoothly, but if there is no mutual understand of each others interest at stake, than most often it will result in break-ups sooner or later between individuals and businesses making things worse.

Before any partnership can even take place, the business owner must first win the trust, and understand the capabilities of his/her fellow employees, if they are able to deliver whatever goods (projects, products, assignments) tasked to them..to effectively clinch the tie-up with other businesses to help grow the business.

Just like the picture suggest, the more people who work together with common goals in the same direction, the simpler it is to succeed, thus like any business, it requires a team of like-minded individuals, both employees, self-employed, business owners and even investors to facilitate the growth of the business regardless of the scale.

The investor depends on the business owner to expand and grow the business, while the owner depends on the directors, managers to implement and carry out the assignment, who in turn separate the task smaller segments to respective employees to help the company achieve its goals. Just like the bottom depend on the top for salary, the top in turn depend on the bottom to carry out the work that brings in cash for the business. Mutual dependent with support and trust that will help grow any business.

It is more like a marriage that pulls together more than not only between two person but instead is between two groups of people. Support is essential and it requires commitment from both sides from the top to the bottom of the management chain to achieve success together.

Popularity: 7% [?]

May-11-11

Threats

posted by ryan

Threats Poster Image

Threats is an act of pressuring to elicit a negative response towards something in a form of loss over something during the process. It is also an expression of intent to inflict pain or damage in anyway possible.

It is a act that may work from time to time and depending on situations, but in most cases, it does not work in majority of the situations especially if used on strong opponents and people who are giving and supporting them to whatever status and authority they may be holding as representative of the people or the country.

Following are a few examples that the have either appeared in news papers if not on global news reports over threats from political and country of super-power.

First up is Malaysia Prime Minister Najib Raza who have threaten the local Malaysian Chinese voters to vote not to vote against the local Malaysia Party in order not to be in a situation where their Chinese interests are not looked after. A threat to the Chinese Population in Malaysia that holds around twenty-plus percent of the population. But that has pretty much being ignored, based on my personal point of view.

Just looking back at the number of successful Chinese Malaysian in Malaysia, and the answer is obvious. Compare it against those Chinese Malaysians who gain popularity and success by becoming a singer and selling their albums in Singapore, Taiwan showing that little effort has being done to help the Malaysian Chinese community.

Next up is most recent, with Minister Mentor Lee Kuan Yew warning the Singaporean voters not to work for the opposition or they may have to spend the next five years to repent on their actions. Apparently, it seems from the election results, the warning fell on deaf ears. Following which was primarily due to the lack of engagement with the ground level citizens who are casting their votes.That may have sparked a resentment against the dominant political party namely PAP causing its defeat in the first ever GRC loss over Aljunied. News articles reports said it’s also partially due to their arrogance.

Actually, the party has already acknowledge their own problems but are just in their own denial to admit their mistakes, only following in the mid-process of election than to apologize, a step too late. Had it not for the consistent strong candidates recruited by Workers Party with proven track record, the People’s Action Party (PAP) might have a simple win, but since problems still remain, it is up to the voters to give the opposition a chance to prove their worth.

Which clearly reflects on the election results. With a complete wipe out of opposition except for Workers Party, it seems clear to us based on statistics that is gradually losing their votes count to the oppositions from past high vote percentage of over seventy percent to most recent election of only sixty plus percent.. That calls for a immediate soul-searching and reflection, which they did, but only it looks and seems clear, to be beautify the process only.

Much has to be seen on how the Workers Party proof their worth in five years time to determine if they retain, expand, or suffer deduction in Parliament seats.  Time will tell, for results will prevail.

This is similar if not identical to another example in the Formula One racing industry. Michael Schumacher, previous seven time world-champion has decided to retire for good, over reasons that it is now beyond his capabilities to win the race for the new young racers have upped their skills to which Michael Schumacher is unable to catch up to date. Such is a example of losing touch, and knowledge of the actual competitive segment.  People who have lost touch cannot find their way back in to basics after numerous at the top, retiring, having gotten comfortable with the high position.

Last but not the least is USA against China following the China race to arm itself stronger amidst the first ever operational aircraft carrier posting as a huge threat to USA dominance in power. As the threats previously given out from USA failed to work both on political and economical arenas, USA only than soften its approach and increase their priority in hold state discussions with China for cooperation and exchanging terms to each other in order to cash in on China’s growing affluent population to tap on their growing GDP.

USA only learn their lessons following the lost of Google when USA Politician Hillary Clinton stepping in demanding for transparent censorship law for their Google representing USA in China for fair competition that went on deaf ears. Learning on that lesson, it has no choice but to learn to accept China as the next growing super-power, for the host will reject any offender if they force their way in. Google along with USA learned it the hard way that they cannot demand for stuffs in ask China to bend the rules to USA advantage.

Actually there’s much to be learn from this incident, and it even dates back to many previous war periods which we can learn from. Before USA was considered a super-power, Japan, Greece, Romans, Germany, Russia all have once being in the shoes of being the dominant super-power country of their respective periods. Their own downfall was primarily due to arrogance, greed, refusal to accept change, over-estimating their abilities to apply same strategies on which ever countries they won via war victories that failed, when they failed to win the hearts of the locals. Thus giving room and growth opportunity to the next super power country that choose to take the leader position.

All of which comes to the respect, mutual benefits, room for growth, coordination and humility. Europe was once considered a super nation compromising of different continents before USA overtook their position. Learning from the lesson, Europe than learn to be humble and accept other races, religion and freedom, which is why there’s growth and excellence in the arts education, especially in Music, no colored lens towards people of different skin color, race nor religion, as opposed to USA which still practice such discrimination that is built in their culture and upbringing.

Even in Japan, during WWI & WWII, Japanese soldiers thought their own race and skin color was the best, even looking down on fellow yellow skin people in Asia, let alone those white skin race in other USA. Following their defeat in WWII with the help of two atomic bombs, they are than forced to acknowledge and accept that they are no in any way superior to any other countries, have limited and minimal military force as punishment for their brutality in both wars. Only which, they learn to be humble and accept all races and now able to hold their heads high as they work and fit in with the environment no matter how it changes and they will adapt accordingly, even if disasters strikes.

With every lost, comes the lesson to reflect and repent for their past actions, those will fail to reflect on their mistakes will only rot and wit away as others over take them when the time is ripe, opportunity cost is at their best and lowest casualty losses etc.

In a nut-shell, the next time you experience threats, just take it in your stride and move on. Only those who fail to capture the hearts of people winning the support will resort to such means to get the results they seek. Just be patient, wait for the right opportunity, and spot the weakness of your competitors and turn them into your strengths to emerge victorious. Only the weak will bow down to threats.

Popularity: 1% [?]

May-5-11

Irony

posted by ryan

Ironic image

Irony is a rhetoric device, a language and technique speaker use to the convey to the listener or reader a meaning with a goal persuading him or her towards considering a topic from a different perspective as written in Wikipedia.

The goal of rhetoric is to persuade towards a particular frame of view or a particular course of action, so appropriate rhetorical devices are used to construct sentences designed both to make the audience receptive through emotional changes and to provide a rational argument for the frame of view or course of action.

There are many examples of ironic life activities with the intention of promoting the crowd of people/clients into agreeing and patronizing their business and services with the use of rhetoric device to persuade via convincing prospective clients into buying their products and services. Looking deeper, beyond their sales pitch, presentation and agenda, it is clear that there are many businesses that are employing such strategy to increase their sales and profits with or without their knowledge that they are using such a strategy.

Examples are as follows:

1. The use of modern drugs, surgeries prescribed, and recommended by hospitals, clinics respectively are actually in fact to the benefit of the employees, business investors, shareholders at the expense of the patients.

It is general knowledge that all drugs have side effects, thus they are not recommended to take in large doses. Nor are surgeries guaranteed to help patients get rid of whatever illness that requires a surgery, doctors capitalizing on patients lack of knowledge, thus promoting instant quick fix and protecting themselves with legal document against any resurface of illness and against any guarantee that the illness has completely being eliminated. So either way, doctors, business investors of such health practice profits.

With more medicine (synthetic drugs) made of chemicals that only weakens the body, long term dependence on such drugs make the problem worse, thus the business grows.

Why not consider Traditional Chinese Medicine (TCM) with over five thousand years of history, look at the organization running the business, are they anywhere near as rich as hospitals in any parts of the world? No they are not in anyway near their wealth nor profits. Reason is simple, they care for the interest for their patients and making only a modest,minimum margin on the products (herbs) without the intention to have their patients being over dependence on TCM, that’s real moral and ethical business operations with lots of integrity.

2. Financial organizations promoting investment projects, portfolio for potential clients to invest in to grow their wealth. But yet banks themselves don’t invest in the very projects that they recommend to their very own clients.

Is it foolish or is it plain stupidity that clients who trust their money with banks recommended choice of investments are never able to earn on similar percentage of that banks gets on return on investments. Banks are using clients money to grow their wealth and protecting themselves against any potential scam or loss on investment with legal documents, again as usual captializing on clients lack of knowledge.

Organizations on the other hand depend on smart and talented individuals to spot opportunities to grow the portfolio, and run risk of employees running away with scams, frauds at the business expanses, a fact of crimes (both big and small cases) that never fails to be reported globally of new cases annually.

3. Businesses all over the world has this common saying: If it ain’t broken, don’t fix it. Why would they want to say this and constant remind people, who are their clients, solely because of maintain and encouraging clients loyalty to the business for their own profits and interest.

Yet it is a fact that every single person living in a modern society knows that we must keep up growing, get more pay, improve our own living conditions. That translates to always improve and fix any unbroken parts for better performance and efficiency. Yet some people will wonder, why is there such a saying like that?

Over time, i come to realize that it is a strategy used by business owners, investors to persuade potential clients/partners from turning against them, the only reason that saying is regularly used in advertisements, are indirectly saying, continue using whatever products you are still in your procession and don’t switch to other brands. This way, it becomes clear that the saying is to fight of potential competition that will threaten their profits and market share.

4. Employment. It is widely practiced and strongly recommended by every single country globally to find a job and work than retire. But looking deeper, do we get better pay, regular salary increment on yearly basis? No, it is not always true especially in those employees hired in the private sector primarily the food and beverage industry, tourism, customer service niches.

Occupations that does not help grow the business often are not given salary increase, the only time they increase are probably to to competition for talented employees, if not forced upon by respective governments governing the countries to fight against inflation. Again, there is a saying, work hard, save money and retire to live a happy life after which. But look at present times, Singapore is no longer encouraging retirement, it is out of the government’s dictionary for good, it’s more like work until you can’t work. All the benefits of a low unemployment only adds up to the yearly salary increase of the government politicians, ministers, parliament members etc. Are we working towards a happier life or are we working so hard just to serve only the top people enjoying the fruits of our labour at our own expense.

Done with the examples, now that its time to put on a thinking cap and help each other succeed, only by helping others, you are helping yourself. A similarity within the differences in the examples that I have talked about in the above four examples.

The society is full of lies and deception meant to keep us the way we are so as to profit at our expense, the only way to outsmart them is to learn what tricks they are up to.

Moving forward, employment isn’t the way out. Entrepreneurship is the only way out. As businesses help to provide value and convenience to the clients who in return pay for the products and services that will help respective clients earn more money, have better standards of living..that’s what the whole world should work towards in fact, and at the same time promoting peace, mutual understanding, sharing and coexist together for a sustainable future.

Popularity: 1% [?]

April-28-11

Bureaucracy

posted by ryan

Bureaucrat Image

Bureaucracy is commonly described as the administration of an organization usually in large entities like government, multi-national corporations and non-government corporations.

It is a system that is successfully implemented like a clockwork within the organization so much so that it has literally fused and become one with the culture, and behavior of how the administrative, processing, and disciplinary actions works. It is mainly created with the intention to generate and increase efficiency and productivity within the organization possible with the least amount of resources thereby increasing net profits which attributes to more bonuses for the shareholders, investors, and employees.

The system is built on a step-by-step hierarchical level, and no one is to challenge that every system created to keep the organization and the business running like a well oiled machine as though it is like a robot working twenty-four hours a day, seven days a week non-stop.

Yet such a system is also a victim of its own success. For this is also very often in majority of the organizations a largely one-way-communication system from the top-down approach with no ways of the top management nor the owners listening to the cries and concerns of the ground workers that in fact the executioners, who carry out the daily operations that results in consistent profits for the business and the organization.

Its’ failure comes from not the top management, but rather from the middle management in particular the supervisors, managers and directors who may want to secure their own employment appraisals and be kept in the good books of the top leaders thereby keeping only employees under their command those who will boot-lick, curry favors beneficial to the immediate superiors and at times compromising on the values and objectives of the company just so to simply keep their own jobs for simply job security.

Largely due to this ignorance, and failure to implement bottom-up strategies to interact with the ground workers are the primary culprit for the collapse and failure of any known organizations and it even dates back to civilizations as far back as the dinosaur age where humans were not part of the equation just yet.

Why you may wonder as to me mentioning about civilizations is simply because they failed to listen, observe and react in time to response to looming dangers that will put themselves at risk of extinction. Meaning to say, failure to observe, protect, and conserve the very source of food (money for organizations) will result in gradual extinction (failure and collapse for businesses) in the long term should they have reacted and spot potential dangers of food shortage In organizations’ context, it refers to resentments from the employees, and a full employee work strike will cripple the business and even the national economy gross domestic product of any country.

Just look at the middle east countries numerous strikes, civil wars, and even taking into account of Thailand internal politics war with the red and yellow shirts supporting different leaders with their interest at heart and you will soon start to realize the importance and link of success. It is simply by just listening, protect, conserve grow, and fix any disagreements, grievances peacefully for a mutually beneficial future for long term survival and sustainability.

If you really want to succeed in your business/personal life whatsoever, read up on how Bill Gates and Warren Buffet, Li-Ka-Shing run their businesses, the model and how they treat their employees with utmost respect and humility. However, should you have no time to read nor find out about their thick volumes of information and practices, why not hire somebody who knows and understand it.

You can seek the professionals, but just pray hard and do your homework that they have your interest at heart and is not out to earn one-time lump sum of consultancy fees from you or your business organization. If you can’t find that kind of professional, perhaps you can consider giving me a chance to prove my worth and how I can help you and your business grow.

To win or to lose. To create success or crawl into despair and failure depends on the how individuals deal with a mutually beneficial system of two way bureaucracy.

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April-24-11

Action

posted by ryan

Take Action Image

Taking action is one of the simplest thing to do, but in a business, there’s a saying that goes by this: “If you fail to plan, you plan to fail.”

Thus many people who may have heard of this old saying end up in the planning stage, and never took action, until one day they realize that its too late, and somebody else came up with the similar if not identical solution, and off goes the opportunity that comes along with it to the first person who took action by executing a task on hand.

In the past, i didn’t really understand the importance of Fire, Aim, Ready as told to me by my mentor, but after my third attempt of using Aim, Ready, Fire, it has come to my understanding that this strategy doesn’t works at least in the situations of SMEs aka small medium enterprises for they will always be not ready due to lack of financial funds and cash flow to fight with the big competitors with whatever resources they have, and the luxury of time at there expense to think, plan whatsoever, as reputation, and creditability is what they already have as their ammunition to fend off competitors.

Being small, i after my 3rd attempt of using a strategy that failed to work, it’s time to adopt and carry out the seemingly simple yet critical advice that I didn’t really realize how important it is until my cash flow to keep myself and my entrepreneurial dreams alive and running at a dangerously low level.

Following which, I’ll just do what I can to take any action, slowly  but surely climb my way up and built on my portfolio, reputation, creditability to play with the big boys who can have the luxury of time to plan before execution of task.

Speaking of which, i just realized that even competitors of big scale also didn’t take a long time to plan, they too set a time limit before the execution and carrying out any task on hand so as not to drag and delay any ongoing, incoming or outgoing task that is in the process of completion.

Moving on, with the next fund injection by the govt on the first of may this coming month, a move made before the election as political sweetener, I’ll be careful to use the funds slowly with clear budgeting to put it for good use instead of waiting for it to run dry one day.

Having said my point, it leaves me with a summary and a lesson that I will probably remember always: “You are never ready, you just need to keep moving on and be make preparations while on the move.” – That how we all should, and it is exactly the same way on how the countries, national security, even natural environment, nature is revolving, moving forward.

Nobody is ever prepared, we just need to keep moving ahead and strengthen ourselves with every second that passed by. That is what i believe to be the simplest yet most overlooked primary reason that leads to either success or failure in life, business or even in relationship. We just have to keep on moving ahead.

“Are you green and growing or ripe and rotting?” – Ray Kroc

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