Ryan Ho's Entrepreneurship Blog

Debt is a liability and a obligation to pay for something.

It is created by allowing an individual to use repayment with the intention of using future purchasing finances for a purchase.

It gives both individuals and businesses a alternative and convenience to get they want creating mutual beneficial situations.

The client gets his/her hand on items they want to owe with the use of financing of installment options, allowing clients to buy more with a single source of income spread over the number of months as per stated by the installment agreement.

The banks/businesses will be happy too as they have more sales and profits form the service charged billed to the business operators.

Should the client sign up more installments, the business will be happier, but if it exceeds the client’s threshold/financial capability of repaying, it will turn into debts. Banks will than set into the picture and charge clients an interest for debts incurred on compiling basis monthly.

Having the banks calling up the clients who are now debtors to the bank owing them money is not a pleasant experience nor would anybody want to be in that shoes.

To avoid such situations, it is best to avoid paying in installments, as accidents can happen (touch-wood). When it do happens, sudden lost of income will mean the lost of use of all un-paid items, in the event of inability to repay the banks, items will be auction to recover the repayments of debts.

Failure to repay all liabilities or debts will result in bankruptcy.

It is best to enjoy shopping paying using cash or using debit card or spending with monthly budget so to prevent any unwanted negative debts.

To properly manage debts, one has to know the difference between good and bad debts.

Good debts are mostly used and embraced by the rich individuals or business owners. It happens when they pay for items on installments similar like the majority of clients but with a twist. The only twist is that the rich has another stream of income to supplement, off-set this installment payment and even calculated to profit from the installment as a positive Return On Investment (ROI).

Bad debts are widely used and practiced by individuals and such problems always surface among the poor. They only pay and opt for installment options without additional external sources to offset the repayment scheme and yet keep on increasing their burden of repayment by buying more items on credit without working within their budget or considering if they can afford to pay off the bill thus problems are created in the process.

For better money management and free advice, doing it yourself is the best way possible. Simply using simple add, subtract, multiply and divide to calculate the working budget/income.

Identify all input of money (income, contributions from family/relatives); payments such as insurance, medical policies, monthly expenses for food, transportation and entertainment. Inclusive of amount of money meant for savings and investment and label them as expenses.

So that when you have a clear picture of how much money you have after deducting the necessary expenses and investments and savings which you will not touch, than you will have your working capital or the remaining as your budget to spend on. This way, you will not overspend your money and incur unnecessary debts for nothing.

Spend and plan your money wisely.

Popularity: 5% [?]

Fun is the process of enjoying something, amusement parks, enjoying the thrill, excitement, suspense and even horror all for the pleasure of fun.

Fun is the term used for kids and teenagers whereas it can be fulfilled easily without much expenditure of money whereas fun in adult perspective is recreations.

Recreation is a refreshment of one’s body and mind meant to be engaging a person in something which is to get involved in physically

While many people wants to have fun, it is best to identify and know exactly if you want to have fun or to enjoy recreation activities.

In my own terms, fun is simply to enjoy whatever you are doing be it physically or mentally engaging activities, as long as you feel happy and like the process of doing it, that is classified as fun.

As for recreation activities, it is a test of mind, body and soul whereby it engages the participant to think and relax in the process. It is used for reducing of stress and more of getting to know what you like and knowing more about yourself with the different kind of activities you get involved in personally.

Depending on the activities, it will tell you your real interest, and getting to know more about yourself if you are lost for directions on your life or purpose etc.

Now matter what you do, you must have fun, but just sufficient fun and do not overdo it.

Sufficient fun in the form of reward and not to play which is already considered overdoing it.

Learning, earning money or doing a hobby/interest can be fun. If you know how to identify the fun element, than ask yourself what can you do to profit from the fun.

Making money is fun especially in business, because when more money is made, happiness is shared and more recreation will be opened up to us with more financial abilities.

Learn to enjoy and have fun and make a lot more money in the process and make everyone happy.

Popularity: 4% [?]

Health is the general condition of a person in all aspects. It is the state of complete physical, mental and social well-being with the absence of disease or infirmity.

Staying in the pink of health is extremely important. Without health, a person cannot work, which leads to lost of income, thus food will be a problem at the end of the day should one day all the savings be used up.

Being ill is nothing positive and with lots of negativity. In fact when a business owner falls ill, depending on the scale of the business, if the business is a multi-national company, any small little details will affect the company reputation, risk of share prices dropping and showing signs of weakness for a competitor to attempt to take over the position.

When health is not good, one should take sufficient time to rest and recover so as not to let it spread or cause people around them to worry which will in turn affect their jobs and morale at work implicating healthy individuals to fall sick.

In the case of a disease or infirmity, when one face such a situation, the patient is having difficulty with his own health while his immediate family members will be suffering too thus when one fall sick, it is not a simple affair but is a family affair already and that is what bonds a family together.

Regardless of you being rich or poor, doing big or small business, health is the first and foremost important element you need to take into consideration to ensure profit in the business.

Money cannot buy health so take good care of your own health as well as your family members’ health.Health is wealth, with a healthy body, nothing can be done.

Popularity: 4% [?]

Ownership is having legal rights of procession; proprietorship. It is to have the exclusive rights and control over property.

It involves multiple rights, from title to intellectual property, distribution rights, translation, print, copy, duplication, recording, transmission in whole or in part in any retrieval system or in any other permission related to the use of a product or property.

Having ownership of a proprietorship is akin to winning and having a money tree bearing fruits of money and increasing the owner’s wealth with deeper pockets.

Example: Having a great story, can be translated into a book, animation, video, drama series and movie or be converted into other mediums of products for instance bookmarks, gifts, clothes, or any other product which can be sold for money.

The world is our limit, as long as we the owners put on our thinking cap, wealth, money and riches will find their own way and crawl onto the owners if you know how to market and generate profits from your own products, knowledge of expertise which is exclusively only available to you yourself only.

There are thousands of ways to get rich, have you found your own method to make it big? Going from rags to riches is a simple but uphill task which is not easy without proper guidance.

Are you having any exclusive knowledge, product or information or idea that could propel you forward towards getting rich? Do you have great ideas but yet are clueless on how to market your ideas nor have any strategy to safeguard your intellectual property to prevent other people from stealing it away from you?

If that is the situation you are in, speak to me and I might be able to offer some advice to you upon request.

Getting rich and be successful is not a lonely journey, in fact you will need business partners and companions who will assist you on the voyage to your destination. It is up to you to decide if you want to win alone or win as a team so as to celebrate success together and share the happiness at the top rather than being alone with no one else by your side to share your joy and happiness.

It is simple but it is not easy. Speak to somebody whom you can trust for advice. See you at the top.

Popularity: 4% [?]

Music is the expression of ideas and emotions using rhythm, melody, harmony, tones and the use of sounds. It is produced by either instruments or living creatures.

It is a form of communication especially useful when a person is lonely or calls for help. Music in different tempos and rhythms are only understood by people within the music industry for their secret communication channel.

It expresses not only the feelings and emotions of either an individual or a group of people, it also brings across the ideas which have fused together with music to another person who understood the language.

While portable music devices and music are downloaded every second and shared over the internet, did anybody question if they themselves the listeners or audience is just listening to music for the seek of keeping up with the trend or is it what they really like?

Looking back, from the age of just radio, to walkman, disc-man, FM receivers, MP3, iPod, mobile phones with storage capabilities for music to palm tops MP4s and subsequently 3G phones which replaced all of the previous products in the market, music has come a long way and transformed in the mediums of how it is being played.

Business evolved, money and profits are made in the process, business owners and clients get rich and poor in the process respectively as both sides are happy with the end results it produces.

Music was once what we listen for relaxation, but as I look around the people in public transport, people are more and more reliant on music as a getaway channel to de-stress. So much so that they are always dependable music, listening if not blasting music into their ears, some which can even, be heard at the end of a single MRT cabin on the other side.

It is a luxury, for relaxation, but over dependence on music will become addictive and trick audience to believe that they themselves are in a tricked believe world of their own. Music accordingly to their own preference, is a reflection of the freedom, and boundaries which each individual seek.

Night clubs, pubs are just a temporary getaway place to relax, but with the portability of audio devices, people over relax themselves to the extent they no longer think correctly, and is showing signs of health complications such as mild deafness, grumpy emotions, inability to control their anger, reluctance to speak and communicate except to smooth themselves in the retreat of blasting music to their ears, jamming up the mind, making themselves in a condition less desirable.

Night clubs is a great place to relax, as it is a once a week, a month kind of places for people to distress, but with the increase stress at work, and at home, patrons are visiting such night spots frequently.

Is it a testimonial of false deception, temporary de-stress and put yourself into danger with intoxication of drinks, drugs and sex; one-night-stands, flings or just for sweet revenge to get back at your partner who is a playboy?

Whatever music you’re listening to right now, ask yourself if it is doing you good or putting you within an arms length from danger itself?

Is music helping you get rich or poor? Why not consider profiting from music instead of listening to music meant for the masses?

The secrets to get rich is to know what you want and need, and not to follow other people’s direction and help business owners fulfill their needs and desire for profit at the expense of your putting yourself in danger at arms length.

Music is be meant to be enjoyed and appreciated but not as a hideout or temporary getaway.

It should not be used as a mean of escaping from reality by blasting music to our ears to trick ourselves that we are happy as long as there is music. It is deceiving and will only do more harm than good.

It is not to be used as a escape from problems, instead, it should be used to help us face the reality as the phrase said: “Be prepared to face the music”.

Popularity: 3% [?]

Restrain is to hold back, suppress, keep back, limit or to keep something in control. It is this restrain in the form of protection which parents provide to children which greatly suppress and limits the creativity entrepreneurship of children while they are still in the growing.

Children are creativity and can be either a dreamer or visionary depending on the kind of protection restrain which parents provide to their kids.

Poor parents trying their best to meet ends needs will suppress their kids’ dreams, advice and persuade their children to be practical and avoid falling in their mistakes so as to converse and save money for a rainy day thus kids bought up in such a protected environment will naturally be poor.

Poor children were never encouraged to do something on their own, and instead encouraged to follow orders, advices and value experiences from their elders and seniors, living in people’s shadow through out their lives. It is like putting a collar on the neck of their children, while they might think it is for their own good, but in fact it is doing their children and themselves a de-service instead and adding on to their problems and worries as their children grows up.

The poor are getting poorer because children are asking their parents for money, dependent on their parents like a unlimited cash machine thus they are poor.

Rich parents on the other hand will encourage and push their children into the open, let their children make as much mistakes as possible during their childhood and growing years so as to let them learn how to be independent and depend on their own.

Only when mistakes are made by individuals, than will it be appreciated when a senior or elder shares the similar experiences which value adds onto the mistakes, enabling children to grow up smarter, wiser and being street-smart instead of just purely academically smart.

Compare and identify the differences in how the rich and the poor protect their children.

The rich only share their experiences and advices when they meet problems which enrich their learning curves, while the poor teach everything and restrict their self learning, and that is a fatal mistake made by parents globally.

It is easier to control a loose child than to control a loose adult who has the same intelligence and physical strength with parents who are on the losing end. Instead of letting their learn only in adulthood where the mistakes could cost thousands to millions in terms of failed or wrong investment decisions, why not let their growing children learn from mistakes, at least the learning cost is cheap and within parents ability such as form few dollars to just hundreds of dollars for toys, food etc.

If you want the best for your children as they are growing up, than let them learn to stand on their on without assistance, like how babies learn to stand and walk on two legs in just months.

Popularity: 4% [?]

Secrets are meant to be private and confidential, information, communication not mean to be known by competitors or by anybody outside the selected circle.

In “Water Colours Part 3 of 3” it showcased the last series of the wonders of marine life. It started with a new twist of colour introduction, fluorescent colour in the dark.

Under the elusive depths, where light is not within reach, creatures living in those depths also share the same language which marine animals in the shallow coral reef area uses, fluorescent light glowing from their skin, bones eyes etc.

Even more surprisingly was a shark card on record to be follow glowing with fluorescent light in the deep ocean with half a kilometer in depth.

To be able to glow in the dark is a colour language which being used in the marine life and are not limited to marine animals but also corals.

In different setting under different brightness and darkness, marine animals use colours to communicate. Other than colours, they also use touch and sounds for communication.

Beyond the fluorescent abilities, there are the UV rays of vision which only selected species of fishes and in particular smaller size of fishes and rays will have to be able to communicate. UV rays colour filters were used when recording the small coral reef fishes duck dive into the corals at the same time.

At that moment, all species of fishes recorded on camera were spotted to unanimously spot to have UV light flashing for a second before diving into the corals. That was a sign of danger when predators are approaching.

While I learn not as much knowledge from the previous two series, this last series tells me something about secrets, it is exclusive and only known to insiders within the circle sharing the common language, outsiders will never learn the secrets.

When I think and cross reference it to the super rich, its absolutely true, as the language they use at the top of the social class, is simple conversation language which poor people may already know, but it just gets more complex while super rich really uses simple communication tools. One of which I read from a book was casual chat in just one to two sentence that will seal the deal.

Another language which the super rich uses, I believe is network with cooperation for mutual benefit short, mid and long term in a single action which justifies why they are super rich, one single action reaping dual results as compared to the poor who benefit only once from that action.

Popularity: 3% [?]

Obstacles are things which obstruct the path and hinder a process. It stands in the way of the flow attempting to delay or block something from being done.

Depending on the position and size of the obstacle, it will carry different impact. An obstacle in the air path will result in a lack of air thus causing death, similar a blood clot is equally lethal. If it is just a wall of maze to position a person or animal in, it is non-lethal and will properly just result in time wastage with no significant impact or life threatening situation.

As I was trying to do product creation during these few weeks upon long dragging, when I have started writing it, obstacles just keeps on coming, excuses find their way up to me, I find myself just not in a conducive environment which gives me so many disruptions.

Enough of the grumbling, at the end of the day, I know all these written are just excuses which I created and tell myself to give myself more reasons not to do product creation making myself only poorer than I already am, plus dragging me away further from my goals.

I am not sure how long I will overcome all this nonsense in my mind despite going through so many excellent training, coaching and mentors, but I will find my way.

After all, I want to move out of my current environment, and free myself from all liabilities either forced onto all males or those liabilities which I created myself. I will write them out..and sell the products for money to solve all my problems..

Product creation is the one and only way I have to work on. As I was writing, I realized something; obstacles are also part of the learning curve for success, without these difficulties, winning will not be a sweet victory worth celebrating.

People who succeed always celebrate, and the day will come when I pen down my books and sell them to my network of friends who needs the books which I am about to write to increase their sales, profit and business makeover.

The books will be a winner but ..Sigh..no buts..I’ll just have to slog things out, straighten my thoughts and kill all negative thoughts hindering me than doing me good at this point.

If you don’t want to be poor, seek your own course or path towards success, need a plan, feel free to ask me for free advice. If I can help in any way, do let me know.

As long as there’s a will, there’s a way.

Popularity: 2% [?]

Burden is complete opposite of responsibility. It is a form of negative responsibility or a troubling obligation. It is a load carried around with difficulty.

Separating the differences of responsibility and burden is what makes the rich and poor difference.

Rich turn every fault with a solution and benefit from it. They turn problems into solutions and close it as it is.

Poor on the other hand turn every fault into a new problem creating more problems and troubles which is related or associated with a fault thus implicating people who is linked with the event or incident. Those who fall into this poor category, will than turn a small problem into a big problem and create many more problems that than become a problem maker thus the poor get poorer day by day.

Within a family, watching the baby growing up from to a adult can be either a responsibility or a burden. Depending on how parents and grandparents who may help in taking care of the baby or child.

Rich people take care of their children as a form of responsibility within a limited period; giving only what they need thus they can better manage and be independent. This is the model way whereby it is tested proven and works for centuries, refer to documentary on how wild animals and beast take care of their babies and learn from them.

Poor people show care and concern for their children like a burden that will last till they die without time limit. They always try to shield their children from dangers thus children grow up weaker day by day and become more dependent on their parents.

To get rich, wealthy and successful, you have to learn to be independent, seek assistance instead of help.

Popularity: 3% [?]

Reliable is the reliability in which a person or a system to perform and maintain its routine circumstances, as well as in hostile and unexpected circumstances.

In dictionary definition, reliable and dependable is related words but I myself have different meaning and understanding of this two completely different words.

Reliability is the basis of dependability, without reliability, there is no use even if a person or a system is dependable.

It is the basis and fundamentals of able to perform what is expected of him/her in the situation and environment a person is situated in.

Simply put it this way, it is to do the right thing without mistakes, do it right and repeat the same thing like a well run system like a routine manner.

Should something out of the unexpected surface, the person or system should be able to rectify and solve the problem on hand without much difficulty and that is what I understand of being a reliable person.

Common examples will be in a typical employment setting whereby each of us will just do what is expected of us, do not do anything more and anything less.

Doing anything more means you are poking your nose into other people’s business which means you want to increase your workload without pay increment.

Doing anything less means you are underperforming and putting yourself at risk of being place on the slaughtering platter and getting yourself either fired by the boss or you fire the boss either way works.

In short being a reliable person to me means to do what is expected of you, yourself and doing it within your limits and ability.

Popularity: 2% [?]