Ryan Ho's Entrepreneurship Blog

To determine and analyze if a new business can succeed or fail depends on the entry levels of the entity which it enters and exits respectively.

Majority of the businesses start small and expand accordingly based on their profitability. Only a couple of large scale business entities are able to start a new company on a large scale with a huge financial budgets.

Most aspiring entrepreneurs often fail even before they could even get a foot-hold and have the business steady and running.

There are a couple of entry levels that clearly demonstrates if the business will succeed or fail based on the entry in the short term perspective if the business owner doesn’t change strategy.

I hope this entry helps individuals in determine the level of start ups they are able to start, and come up with the necessary strategies required to take the business to the next higher level.

Size of financial ability determines probability of success, and most successful enterprises often acquire other businesses to get a head-start.

Level One

It is what many new business owners start and fail in, the term used is a start up. Before the business can even start operation (like a plane unable to start) the business face a couple of difficult problems in preventing the entity from even moving forward. Critical problem such as financial is the main concern restricting the even the growth.

This is often a one-man-show (OMS) business where the owner does anything and everything, left on their own to prove their worth.

Level Two

Start up business owner has minimal capital and him/herself to ensure the business is even able to continue operation into the first year period. Having to pay for products, services delivery fees, rental and their personal expenses. Funds are depleted much faster than predicted and the business close its shutters permanently having to repay their loans with installments, keeping them away from re-entering the business arena.

Also considered a one-man-show operation, but at times, they may only be able to hire another part time assistant to help out with the business. Future is not guaranteed.

Level Three

Business has no issues with funding, able to meet estimated business expenses for at least three to five years of operations. The only issue is the inability to hire talents, and grow the business, reasons could be due to poor employment guidelines, no proper appraisal, employees feel unhappy and dejected in the employee in particular with the superiors inclusive of a destructive boss limiting the employees to release their potential and talents to their fullest.

This is what many employees may use as a learning platform to gain the experience they need to run a new company before going to a better company to help grow the business.

As for the business owner, he/she will take the experience as a tuition fee and gain experience to recoup more funds for another shot in the business.

Level Four

Entity has got no issues with both manpower and financial funding from investors, but the both the head and in-charge pays well, lets temporary succeed clouds their vision and take matters into their own hands refusing to listen to advices from the very talents they recruited and soon find business sliding down gradually until it is at risk of elimination from competitors who are hot on their heels.

An example of such a business will be the Blackberry who are facing intense and much stronger competitors such as andriod – HTC and iphone – Apple. Talents all flock to bigger enterprises,  leaving the business in lurch, as Blackberry mobile apps have stopped development and is only on a demand supported basis, unlike bigger competitors who still have developers willing to create apps to create and spur new demand for the mobile phones with larger market shares.

Level Five

Enterprise has generally no problems dealing with both financial and manpower issues, but what’s left are those surround business expansion both locally and globally, low connections of important networks and help from experts in different fields to aid the growth of the enterprise to a higher level.

An example is how many overseas companies wanting to have a slice in the China market, Linkedin, Google having much difficulty penetrating market due to lack of local connections and poor support from the locals.

Level Six

The enterprise has got no problems nor difficulty in all aspects, pulling resources, funds, networks, and creditability based on excellent remuneration where talents are given room for flex their muscles and funds to even fail in order to come up with the next big thing both from internal and external sources by buying over potential businesses limited by funding issues.

Bill Gates is the only business for Microsoft to date that has no problems doing business in both Eastern and Western nations.

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There are over six billions of people all over the world in different countries who wants to be successful and get rich, never to worry about their three meals a day for themselves and their family at least, but majority of the population all failed in achieving what they wanted.

The picture speaks for itself, as poor individuals dream and think about getting rich and successful, their first obstacle is always about money, and money woes such as loans, repayments, mortgage, forced liquidation issues surface shortly after and the business venture, or project faces lack of funds and folds itself.

There are some basic money management principles that at least eighty-percent of the individuals do not even understand, thus they always take a fall and get in a much worse condition than they had started.

Below are some simple principles that majority purposely turn their backs to, refusing to accept facts thus they never get rich permanently.

1. Money is nothing, it is just a tool. (Do not ever fall in love with money)

2. Money cannot buy relationships, creditability, trustworthiness, reputation, bonding, respect and happiness. These are intangible assets that money can never buy. (If you ever ignore this, you will never succeed)

3. Money cannot guarantee anyone success, but it sure can guarantee failures if not managed properly, just turn to annual business bankruptcy statistics if you ever need one.

4. Money management skills must be learned and put to the right use, thus allowing the person to grow and multiply wealth buckets of money positively. You do not need even a diploma, just a simple basic accounting or financial knowledge from O levels, if not minimally always ensure there are more profits than the amount of losses (expenses incurred). Such is the success formula at its simplest understanding.

5. Money is nothing more than an indicator of an individual if they are doing the correct things when it comes to money management. Business entities, top Forbes billionaires like Warren Buffett, Bill Gates gives money away to charity but find that they can never ever give out the money they have. That is a reflection of individuals doing the right things, and we should follow such examples so we can one day be like them.

6. Money is nothing more than a catalyst to speed up certain relationships and foster good relationship, with time, building trust, creditability, reputation based on the networks, connections of influential individuals and business partners to get things done right, smoothly and faster than the others. The first person or entity who correctly completes the task gets the reward.

7. Money is just a result, and consequence of doing all the right things, like having the right formula by mixing the right ingredients in a laboratory to come up with a specific predicted result.

8. To make money, it is always about the process, and not the results.

The rich and successful individuals, businesses always focus and are willing to recruit talents who have failed multiple times, people with such experience have the answers to the right formula, the results of a certain position in any particular niche reflects the truth, and that is why talents are always in demand, something that is always in with limited supply thus high demand as they have already found a proven formula that works and it is what companies and wealthy individuals are after theoretically speaking, and they are successful only because they question every single detail no matter how small and harmless if may appear on the surface. It is only after they have acquired the best talents than only can they talk and ask for results that they hire for high pay.

The poor on the other hand focus only on the results and not on the process, thus it puts them at a huge disadvantage. Because such individuals and entities never know what are the tested, proven formula, they just grab anything and everything that helps them even if it is against the law, that is why scams are everywhere, and many individuals never question how the money is made, so they care only about the immediate gains and not at the long term perspective, which is what the successful individuals are after. That’s why the Madoff investment scandal affected many large successful enterprises too as well.

Stick to the eight principles of basic money management and you will find the path towards making money and multiplying your buckets of wealth with ease.

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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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Eliminate is to get rid, omit or remove from further consideration or competition. It is to be void or expel and when it becomes serious such as to eradicate and kill the enemy.

Elimination is what keeps the Asian nations running and function perfectly like a well oiled engine with a system that never breaks down not even once.

In the game of elimination, where it is embraced and practiced by Asian countries, it is a similar to the game show “Survivor” from the USA or “Ninja Warrior” from Japan. The strongest contender wins the game and is crowned the champion at least for that very moment and during the process.

Failure is not an option nor do we Asians encourage one another, it may look bad on the surface, but in fact this elimination culture in Asians is what keeps us going and striving for the better and to surpass the previous champions and winners previously.

Once you fail in any segment of the game show, you are eliminated instantly either by the rules or via votes. For you to come back again, you need to wait for the next show to win back your honor, something which the Japanese perfected in their quest for supremacy thus it climb back up from the fall of the WWII to be the leader in technology.

China is another highly and extremely competitive country, where the strongest and fittest survives. On the surface it may look cruel to abandon our peers and move forward, but this trait and style of practice is essential in the quest for supremacy. Why so, because in order to be the supreme leader in whatever you do, there is no room for weaklings, thus elimination is the way business is conducted thus the difference in business ethics between China and USA.

Singapore on the other hand is a cosmopolitan country with such a rich mixture of nationalities from all over the country that it is no longer works on neither encouragement nor elimination. Instead Singapore is purely and solely based on Black and White, everything has to be spelled out for on the paper in the law. With neither sides near us, the weak minded people will naturally open themselves to lots of problems like being over dependant on the country which is what most of the Asians are doing and is not restricted to only Singapore but also to our neighboring countries.

Being an island with no common share identities with other nations, we need to identify ourselves, like our forefathers in history which we learn, we should take up entrepreneurship, look at the Chinatown back than, it was buzzing with activities and businesses, so much so that it causing problems but that is a positive problem. Look at the current Singapore and ask yourself what is the difference, and if you bright enough with see what I see, you are somewhere there already.

I may not be somebody now, but with time, you will see what I am made off. Either you join me now and we work together and build trust, or in future I select candidates and partners to work with. You decide for yourselves. Look at Bill Gates and his investors, those who invested in them when they were back than a nobody is already benefiting lots from their first investment to date. Vision and foresight is what keeps an entrepreneur moving despite all odds moving against the tide emerging as the champion, the supreme leader.

Success is not a process, it is war, and in war, you need to eliminate your enemies and step on their corpses, with the killing intent and aura to scare off any potential competitors. Constantly improve and work with like minded people to succeed together. Refer to Chinese Three Kingdoms if you need more information.

“Are you thinking what I’m thinking?”

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Imagination is the ability of forming mental images, sensations and concepts in a moment when they are not perceived through sight, hearing or other senses.

It is the products of imagining, a conception, and mental creation, often a baseless or fanciful one. It can work together with ideas and the key to imagination is to think without any restrictions or barrier such as worries about the ability to carry out the plan via financial means and network or influence etc.

It is to think and reach for the impossible that challenge the mind to eventually come up with something with time that is more practical via team discussion and brain-storming meetings.

It is psychology, the power of reproducing images stored in the mind under suggestion of associated images or recombining former experience in a new creation of new image directed at a specific goal of solving a problem with a solution.

Start dreaming, and talk about it, who knows one day you might have come up with your own vision which can help you become the next bill gates, imagination is the start and catalyst of a vision that can help you make a fortune from it.

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Passion is a powerful emotion, a feeling or desire, a strong or extravagant fondness and enthusiasm for something. It is the immersed emotion and enthusiasm that allows hobbies to stay alive and keep doing it without expecting anything in return.

Passion is a interest in whatever a person does, be it a job, hobby that he/she does for a living and is so enthusiastic about it that they do not mind working over time, not getting paid for doing what they love.

An example will be to be involved in a relationship, younger teenagers these days get into boy girl relationship for various reasons, of which most are due to immaturity in mindset together with their curiousness on how it feels like to be in one.

Boys go into relationship for pride and ego, not wanting to lose out to their peers, they just want to find a easy partner and do whatever they want with sweet talking a girl into the trap in some cases.

Girls get into relationship to be loved, to seek attention from her partner to compensate for her lack of attention and focus from both her parents.

Don’t believe me? Just look back and think about it. In the passed, boy-girl relationship only starts around sixteen to eighteen years of age for the earliest if not matchmaking for marriage purpose.

Teenagers are able to follow the natural genetics order of growing more mature than look for relationship because they get the attention, care plus love and concern from their parents back than when there was it was still possible for a family to depend on a sole bread winner to support the family.

These days, thanks to competition, both parents have to work hard, less family time together, lack of love, care and concern is the crucial factor leading to boy girl relationship. Just look around the students, those born and blessed with loving parents who pay attention to their kids will not have the need nor want to even get into a relationship because their body, the genes knows that it is not yet the time for romance. Its within everybody in our blood.

Passion can help us to succeed if applied correctly. Artist for example as an occupation is a great example for people to integrate both their passion and art work together as one, so they don’t mind the low pay and lack of exposure from local markets.

Once you identified your own passion, things will get done go smoother for you even if you face obstacles, it will be resolved in a matter of time often it goes away with a new idea that pops up in your mind.

I blog and hang around forums to discuss and share tips in those medias because I enjoy what I am doing without bothered for the returns. When you start giving, you will somehow receive back something, it does not need to be in monetary forms. It can be happiness, sense of satisfaction that just gets you moving and wanting to help more people.

Blogging initially was plainly for a replacement of their personal diary which started few years back, and soon it evolved into a fashion trend and evolved into technology with people jumping in without knowing why they even want to be part of it.

From blogging to micro-blogging with the introduction of Twitter, those doing blogging are considered out-dated. I don’t really care about it, because they are following the trend, exposing their personal lives daily activities to strangers, letting them know of their actions, throwing away their privacy rights which is silly.

Mirco-blogging just to get updated, it is more of a self-expression of our own thoughts than to be silly enough to post pictures, activities that will attract predators to prey on gullible individuals brushing with law.

Passion is the enthusiasm, not a fashion fad but a fashion trend which will go on and on with the right results. Bloggers who had the right thoughts about the origins of it, used blogging to start doing their own business and succeed, of which those featured in newspapers are single young mummies and its something which people should learn from.

Don’t follow others for wanting to be in the bandwagon of crowd not to be left behind. Instead why not think about how to brand and sell yourself? How you can profit from your passion, with the correct advice and guidance, everything is possible as long as you are willing to take a step forward and learn from people who has the related skills and ability to share with you.

Starbucks is so successful today because the CEO is so passionate about offering top quality coffee.

Donald J.Trump is so successful because he enjoys doing what he likes and that is to build properties just like his dad.

Bill Gates is successful because he made his vision into a reality with the help of his mom.

Facebook founder Mark Elliot Zuckerberg started the social media site as his Harvard controversy of the project which started purely just to keep in touch with his classmates.

If you want to be the next successful individual, find coaches and mentors who will guide you along by the hand. I’ve found my mentors, have you found yours yet?

If in doubt about yourself and your passion, fee free to contact me and I’ll get back to you shortly after. Either way, you can leave your comments just right below.

Find your passion and live your life without regrets.

Seek happiness in whatever you’re doing and not to be in misery doing what you detest most just for money.  Passion will lead you to wealth and successful with the right mentor coaching. Work will only lead you to a fraction of money.

Spot the difference identify your own passion and work towards it.

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Vision is the act or power of anticipating what will or may come to be often said that entrepreneurs are visionaries. It is a vivid imaginative conception or anticipation with visions of wealth and glory.

Vision isn’t possible without dreams. Only with dreams than vision is possible. Dreams are the catalyst to react with action, application to form a vision which an entrepreneur sees.

Dreams cannot be shared it’s just all in the mind playing games only. Vision on the other hand is different. Once a vision is shared among a group of like-minded people, it creates a collective group of people working towards a common goal. A team is formed, and with more people having the same goal, its influence is greater and denser with the ability to influence more people to accept their vision and work together towards a common and greater goal of success.

Visions are the catalyst to entrepreneurship. If you can’t see yourself to be on the top sharing successes helping others who helped you, than there’s no joy in reaching the top if nobody is celebrating your success together with you as a group.

At times when the vision seems too far-fetch, than entrepreneurs will use another term, foresights, seeing what is to become in future tense and drawing up steps on how to make it a reality by implementing steps necessary and gradually to morph it into a reality with time and patience.

Vision works well with foresight, one who can looks into the future, identify the future, shape it will be the winner. Look at Bill Gates, one a college drop-out now a billionaire having his computer operating system in majority of the computers worldwide until the rise of the Apple Mac-book Steve Jobs the founder of Apple computer and forerunners of super cool information technology processes and ideas.

If visions don’t work, work on foresight instead, it is something that is much closer and has higher possibility than visions which some people might think it’s impossible.

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