Ryan Ho's Entrepreneurship Blog

Blogging on topics revolving around entrepreneurship.

February-4-10

Strategy

posted by ryan

Businessmen all may employ some strategies that lead to the success which they are enjoying today. But when you look at real entrepreneurs, most of the successful entrepreneurs don’t really have any strategies to being with.

In fact some entrepreneurs will even tell you that it’s their passion in which they do thus they just do it. This is a natural progression in any life cycle, growing up and evolves into newer, better self. The more I read books, the more I realize how much I don’t know. The more I read about successful businesses, the more I realize their success today is fueled purely by their passion, determination and hard work.

When they understand what they are doing, identifying and doing something which nobody has even look nor find it possible, is a perfect invisible strategy that can’t be learned. Passion can’t be learned but it can be identified easily.

Strategies are only used if you are the new kid on the block; try to fight for a slice of the pie from the market. Not many succeeded this way, but those who succeeded, either pour huge amounts of capital branding, value and high standards of customer service in order to succeed.

So if you aren’t a guy that will plan nor use strategies, the next best possible ways to succeed is to ask yourself what your passion are. I’ve identified my own and I’m working towards my own passion currently with the right timing of helping my mentor.

Passion will be your ultimate fuel to succeed even if everyone Is against you. The more opposition you are up against, the sweeter your last laugh will be when you are standing on the top having opened a new trail and declared it as yours owning the rights to it.

There is a slogan by Energizer “Never say die” which shares the same meaning as “Never Quit” quitters never wins. Which is why the forerunners always have the first mover advantage because they will never accept “No” as answer until a solution has being created.

There are many people who tried to climb the ranks to being rich by employing strategies, but if you use underhand strategies, it will someday come back to you. The best strategy to succeed is as simple as not having any strategy so nobody can copy you nor understand what you’re trying to create until you have create both the product, services and training for people who sees the value and than competitors will start surfacing trying to grab a slice.

Before they can even grab one, the impact is already felt, the first person that started it has already build an empire of brand, reputation which isn’t simple to usurp to throne.

Quitters never win. Winners never quit. That to me and to all others is and will be best strategy fueled by passion.

Popularity: 1% [?]

February-4-10

Fashion Trends or Fads

posted by ryan

Fashion is a customer style of dressing showing etiquette, and for socializing purpose.

Trend is a direction, a course which leads from a one style to another upgraded style similar if not better than earlier style and taste.

Fad is a temporary fashion which is followed by a group not making big impacts.

Fashion trends are always hanging around us, and in some instances, keeping up with fashion trend is not a healthy sign nor is it good education for both healthy and mental well-being which creates more profit for businesses at the expense of making customers get poorer as they shop more following fashion trends.

Fashion Fad is a temporary fashion adopted by only a small group of individuals not affecting the majority for businessmen to take notice and benefit from the fad in anyway possible.

There are lots of examples for us to learn from.

No Rules: A t-shirt brand which had previously caused a fashion craze to be part of the wearer among the teenagers. Wearers of this t-shirt somehow have the feeling that rules need not be observed, which is why people wearing those shirts are more daring to express themselves leading getting trouble with the law.

Quick Silver: Another brand which rides on the success of the wagon of No Rules and just after short period of No Rule’s increasing popularity, then Quick Silver came into the picture. They had the same appeal to the teenagers, without making much of the impact as compared to the first mover who has the advantage.

Skirts: In the past when I was still young, the shortest length of skirt maximal length will be stopped at the knee. In older generation it has to be completely covering the whole legs from butt to the ankles revealing only the feet for wearing of shoes. With time and media coverage on overseas fashion propaganda, ladies are taught to  think that revealing more and more is good, looks great on them using the beauty weakness of ladies to start the trend and profiting from this trend.

Look at what the fashion trend is now presently, short skirts, mini skirts, shorts, some even so short that a shirt can easily cover the skirt or shorts, giving the impression on guys that these ladies are attracting lots of un-wanted and unnecessary attention which result in molesting, raping and more social problems happen. With increase exposure in revealing themselves for beauty purpose, lots of teenagers suffer the consequences in sex, pregnancy etc, all thanks to nonetheless fashion trend which started the ball rolling.

With the trend going from long to short and ever shorter, it’s not good for health. If you watch documentary, you will know that our body is designed to lose heat faster so the lesser/shorter you wear, the more money you will pay for extra clothes which reveals your sex appeal for beauty conscious ladies which is the area whereby businessmen profit from.

If you are a parent, learn to look out for signs to communicate with your children else if you don’t know what to do nor share with them, get them to read my blog else wait for my eBook. Help me with comments, so I can reveal more strategies that businessmen profit at the expense of us, the average people on a Just over broke (JOB) situation

Remember what values and culture do you want your children to grow up in? Think about it. I hope you found and realize something which you didn’t’. Comments are greatly appreciated. Thank You.

Popularity: 1% [?]

January-31-10

Benchmarking

posted by ryan

Benchmarking is a comparison of products in the market to allow a fellow competitor to have an in-depth understanding and awareness of the market information

Products and services are bench-marked accordingly to the different market segments which they are targeting as well. It also allows the company to identify the competitive advantages and disadvantages which they have.

It is a excellent strategy, but not necessarily a strategy that all businesses would consider to adopt in their own business model. Example, the top luxury brands do not use benchmarking, instead, they massively increase the price for the same product found available in the market.

The only difference this top luxury brands can commend the huge gap of price tag attracting a lot of green eyes are simply because they are the best in what they are doing.

Example: A diamond industry business specializing in diamond auctions where huge price tags are attached as compared to a diamond retailer.

Decide your company position, branding before you decide if you want to adopt this bench marking into your business.

Popularity: 1% [?]