Ryan Ho's Entrepreneurship Blog

Blogging on topics revolving around entrepreneurship.

June-1-10

Answer

posted by ryan

Answer in dictionary terms has different meanings and it can be a reply to a question; a solution to a problem, a response to something or retaliation when faced with opposition or in defense of oneself.

Over the past few weeks of absence with full use of notebooks, time and thoughts set in with more rooms to think.

As I look back, I’m thankful for the natural life cycle of items, objects and even living beings inclusive of animals of all kinds.

During the absence of a own fully operational notebook, there are times whereby I wanted to continue to write out my thoughts via blogging, but is limited to my situation which I’m in with depleting resources inclusive of money, time and health.

Without money, time and health will not be possible. Without money, my path towards entrepreneurship will cease to exist and so I will remain just like another average joe on the streets.

Having ample time off from the notebook (electronic gadgets) has given me another answer which I would otherwise never will come to realize without the aging notebook due to the shelf life of items.

As I read books, thoughts started flying through my mind, at times floating  and even crawling pass my mind. While the ideas and thoughts are constantly changing, the one thing in particular which I was constantly thinking was how to get rich, and being both rich and right at the same time without compromising on my principles needed for my own personal branding..

As days passed..weeks…months..even while I’m working, being employed (though I once said the last time I wanted was to be employed) but I still got to face reality.

The harsh cruel truth of society, money is essential for almost everything. Without it, nothing is possible, but on the hind sight, money still has its limitations.

Searching for answers and the path (formula) required for success, with the advice and comments from my current boss, I learn quite a few helpful tips essential for success and getting rich.

Face the music is what I could sum it up of.

Face the truth, reality, and never ever live in my own desired world or some say fantasy. The right answer is that there is no model answer.

Here’s a food for thought for readers: How to get rich?

You might think there are numerous ways and different scales to doing it. That’s right, there’s no one definite answer to a question or problem.

What works for you might not necessary work for me so the key to success is to ask yourself what kind of parameters and environment do you want to be in and be ready to compromise on certain things which you might not like.

Flexibility is what makes all millionaires and billionaires rich. With the same goal and destination, you just need to search for a terrain suitable for you depending on your working style, preference and personality, work with supportive people and be in a team.

No matter how rich and successful a individual is, the wealth he/she now holds are a collective effort of all the other individuals who are helping those in the limelight contented with what they have

Ask yourself and find the different answers. The truth of the adulthood is that there is no such thing as good or bad, whatever brings in results is considered good. (A far cry from what’s taught in schools, but that’s a cruel fact of life)

Start asking yourself questions and try out different answers. Even if it’s wrong, it is also an answer which you have tried, you just need to identify those suitable answers and assemble them accordingly to make it function and together with a framework, it will than become a formula of your own.

Popularity: 4% [?]

February-23-10

Consideration

posted by ryan

Consideration is the evaluation of facts and benefits keeping in mind of something.

It is the process of weighing the difference effects and consequences to something before, during and after the decision has being made. Thinking about the results, if it will produce positive or negative impact, who are the affected parties, who will benefit, who is the main targeted market who directly benefit from the decision.

The poor, takes lots of time to come up with a decision, without first knowing what they want, how they will judge and access anything when the time calls for a decision to be made. First thing that comes to the mind of the poor is “let me go home and think” which not only isn’t productive, efficient and it will further delay the growth in all aspects. When poor people goes back to think, the people they talk to are people who knows nothing, and when a ignorant person ask another ignorant person, the answer after the decision is nothing thus hindering their own success and growth.

The wealthy and successful people have their own way of consideration and will set a date line for all decisions to be made with the exception of when the project/proposal will implicate the whole business, employees, than no time limit will be set. The general consideration factors typically hang around these few.

Projected return on investments, target market, strategy to penetrate into the market, what are the risk and rewards to themselves, the employees and the company/business. Will it be possible to expand business into a new area to increase profits and slowly build an empire, who is the partners they will be working with, do they have the clean past track record, their respective style of doing business, how they treat their partners after a successful project, if they turn their backs around them and run off.

Wealthy and successful individuals have their own respective consideration factors to think first before making any decision. The higher appointment you hold in the business, the deeper your consideration needs to go under to areas which will be overlooked.

When it comes to making a decision, they are fast, efficient in this aspect while the poor takes their time, drag this drag that, thinking the opportunity will wait for them living a their own made believe world.

People who go from rags to riches will understand this time, timing which is why all self-made millionaires and billionaires keep increasing their wealth as compared to businesses whereby it is handed down from generation to the next.

People who are already successful born in a silver spoon might not necessarily understand the essence of it because they have the power (money) to do things from the start.

If you don’t know what to consider, ask the person who introduce it to you, they can help and assist you in making an informed decisions with them knowing the differences among their competitors.

The more time you think without discussing and asking questions and keeping those questions to yourself, the higher your chances are of failure. Wealthy and successful people are not afraid to ask, it is only when they start asking, they learn something new and thus more windows of wealth accumulation will be opened up to them.

If you don’t know, start asking. Be humble, but never be modest. Give credits where it is due.

“The more you learn, the more you realize how much you don’t know” – Donald J.Trump

Popularity: 1% [?]

February-14-10

Use

posted by ryan

Use is to employ for some purpose, to take unfair advantage of, to exploit people, animals for their personal gains and benefits.

It is a word for people who are witty but not intelligent who employ such tactics on people who are not as witty as them. Boss will only use employees for their own benefits. Giving employees a market rate pay and keeping most of the advantages to themselves thus there is unjustified

Employers will only exploit employees who are willing parties to overwork and get paid a small sum. In the corporate sector, benchmarking is a bad practice for us the ordinary people for people like you and me to ‘think’ that it is right for us to be paid so a tiny fraction for working so hard. There’s no right and wrong, there is just do you think you deserve to earn more and much more than the others?

If employers are exploiting employees, but only when employees are willing to be exploited and sign by the contract, than it’s a willing party and no blaming should take place at all.

In the world of poor people with poor mentality, it’s more of a dog eat dog society, fighting for the same piece of meat, that’s the world of society from people who are near millionaire but not yet to people who are extremely poor and really is hard up for money to meet daily three meal problems.

In the world of wealthy and successful businessmen filled with billionaires, multi-millionaires and millionaires, it’s like the lions, tigers, cheetahs, jugulars and leopards helping their own species to grow and share food together which makes them king of their own territory.

By working together, growing stronger together is better than cutting and slaughtering each other, growing up weak with lots of scars and flaws so visible to on-lookers.

You are what you think.

It is often said “You reap what you sow” which is wrong. This phrase only applies to people who are being exploited like how farmers exploit cows, bulls for farming etc which is silly and dumb getting satisfied for peanuts.

You should carve this into your mind “You reap much more than what you sow” which is what employers are doing, to have a equal chance of opportunity to get wealthy and successful.

Throw away the wrong education and knowledge which brain-wash us to work like a slave getting peanuts. Put on your thinking cap from now onwards and start to think on how you can reap much more than what you sow to succeed.

If you want to know how to reap much more than what you sow, I have just what you’re looking for, all you need to do is to contact me.

Good luck and build wealth.

Popularity: 1% [?]

February-14-10

Balance

posted by ryan

Balance is about equilibrium with equal distribution of weight distributor to achieve balance.

Everything must be balanced, and there must not be bias on any side but in reality, it isn’t possible to strike a balance unless we control our own source of income, wealth and time by working for ourselves and not for our boss.

At work, government across and all over the globe always talk about having a balance working life, which is nonsense, if they want to get paid via tax thus they have money, they have to think of ways to allow business to have more employees thus more tax will be received from everybody making them richer but not wealthier since government are not experts at wealth and financial management.

The true experts of wealth and financial management are the billionaires and multi-millionaires. Millionaires are not included in my theory because millionaires can be done alone with hard work while multi-millionaires cannot.

News reports of financial crisis, great depression, stock crisis, commodity shortage thus causing sky rocketed cost of food and basic ingredients such as sugar, salt, and oil at times are the solid proof that government leaders are just ordinary people like you and me in the streets. They know nothing about real wealth management. They can make mistakes and push the blame to somebody else by military or keep it within the walls of each respective country as top secrets etc, and the best part, they don’t get fired because they need to retain ‘talents’ who are just sadly ill-trained professionals who knows only theory but not practical experience whatsoever.

Such people in the government do not and will not know how to balance the equilibrium and will continue to make mistakes than push it to others, got let somebody be the scapegoat taking the blame while opening a back-door to the person who help them take the rap.

The Lehman Brothers is a typical example of ill trained professionals who cause the world economy to share the rap and consequences of their actions, sparking a crisis with more problems in western countries than Asian countries.

With US government using tax-payers money to bail out the companies that didn’t do a proper job to save employments, when this happens, it is debt sharing, and passing the debt to the majority of the people. Take the total sum of money USA used and divide among the US population, and you know on average how much a US citizen helps the government to pay off the debts, which is why the US presidential election is all about, getting the consent of every citizen for approval by votes.

In Asian countries, it is run with a slightly different practice, because of the lack of politicians, and leaders, whatever mistakes they made, it will be compromised because there are no successors to take over thus they can continue making mistakes and nobody can do anything because they lack the higher appointment to veto the politician out immediately. Business and politics will never be able to work together due to a conflict of interest and why Warren Buffett initially decline President Obama request to lead the US in terms of investment options.

At work, health and family, it is all about striking a balance but it is not possible to do it because not possible to do so as business is all about profits and family work balance must be compromised in order to meet quota set by the company and the management else face the risk of being fired.

The only possible way to attain work life and family plus health balance is to work for ourselves, and find alternative income source to have flexible work time, have a business system to have it running on automatic basis so to allow equal balance.

The alternative is via internet marketing, and multi-level marketing (MLM) which requires no boss, no fixed timing, efforts and pay are justified by the amount of commitment they put in which is why news articles in Singapore have mention successes in blogging stay home young mothers who are IT savvy. MLM however has created tremendous success that can’t be overlooked but it is treated with negativity thus people are not receptive to it.

Education is all about helping ourselves to earn more money, but why and how did people think that it’s only right to help boss earn money and not help themselves? Are you slapping yourself in the face? Wake up to the reality and face it. If you at any one time want to deny facts, you will be a loser and loser will only suffer in misery and nothing else.

Do you want to seek balance in live which will encourage good health or do you want to continue to work your guts out risking your health helping your boss get rich, and not helping yourself?

Popularity: 1% [?]

February-10-10

Queue

posted by ryan

Queuing up is what we do practically everyday without fail.

We queue for practically everything, food, shopping, education, washroom and even paying bills needs to queue.  Queuing up is part and parcel of being poor or rich.

Being wealthy can greatly reduce the queuing process with just a phone call if not even jump queue or having top priority reservation for VIPs.

With great spending power comes great benefits, being wealthy and successful is the way to go. Lots of envy and stares will be cast on the wealthy people. Everywhere they go, heads will turn, looking and following their direction. That’s the inner shine that comes within and only exclusively from the wealthy and successful businessmen.

While majority take paid flights, they take chartered if not private jets for transportation everywhere they go to. Limousines waiting at the pick-up point at the airport, always ready, clothes never a issue, everything is prepared ready before hand with the help of their assistance ensuring everything goes smoothly.

Queuing up is only a behavior which poor and rich people do. If you want to jump queue, start looking around for ways to jump, if not take short-cuts else or learn whatever necessary from wealthy businessmen to learn and follow the path that the minority will take, due to the difference in wealthy people’s actions, and their calculated risk which might seem like impossible to the poor.

Obedience is the trait of queuing up, if you’re obedient, that means you’re destined to be poor, if you like to create your own rules, break rules, barriers, do it legally, in your own style and have everyone following what you do else let them “awe” with their jaws wide open making an impactful entrance.

Wealthy people never fail to leave a long lasting impression, even if it’s just one time, the next time same place might be vacant, but the first impression of wealthy is easily irreplaceable regardless of what happens, and with that thought will stay and haunt you more, creating stronger desire to have a bigger better place than what you personally felt. That will be what is required for people to have a wealthy mindset, first be in a situation, a dream, than ask yourself if you want to be in a similar situation if not better. If that’s what you desire, than work towards it, and there your process, commitment to achieving the potential results which you have seen and be in yourself will materialized and come to you if you put in all the hard-work, doing what is required etc.

Wealthy or poor, we are all human, the only difference is mindset and language, but hey, language isn’t a barrier to wealth, so all that’s left with is mindset, not forgetting gender. Look at the Forbes list, all the tycoons are billionaires and are guys.

There’re lots of reasons to why this has being the way, it’s due to genetics and education, thinking, and what is learnt and passed down. If you don’t have the genes and traits of being a wealthy person, than start changing you to be one, learn and do what the wealthy people do but stick to the basics and be practical within both your ability and budget. There’s also lots of books which talks about why males run the show and how females can learn and apply to, but not many ladies are even bothered to borrow those books.

If you seek wealth, success, start by learning to cut-queues, than find shortcuts, and use networks to speed up process, and use phone calls to seal the deal, no email, no msn, no technology stuffs to earn money, at least the top tycoons aren’t using technology to create wealth, so if you’re a technology savy person, make sure those are helping you to earn money, if it isn’t, perhaps you might want to reconsider on where you want to spend your money on.

Make the right choice. Do the right thing. Ensure it helps you build wealth.

Popularity: 1% [?]

February-8-10

Positive

posted by ryan

The wealthy and successful businessmen always have a positive mindset. Regardless of what problems, obstacles, and technical issues they face in front of them, businessmen will always have a positive mindset and work towards a solution.

“It takes positive to breed positive and together positivity breeds success,” something which I just thought of as I was writing this blog.

Being positive has got tons of benefits, especially if you want to go from rags to riches, you must equip yourself with a positive mind and constantly hang and network with positive and successful people.  Who you network with will affect the results you produced. If you want to know the results of what will happen to you if you network with the wealthy people, look around and find out more on who are they mixing with, are there a single failure with a negative mindset among those successful businessmen, absolutely NO!! When you even associate yourself with one, the damage is already done, so stay clear and don’t even network with people who have negative or happy mindset.

A life example will be, look at actors actresses, all the media artist hang around media artist, what the chances whereby you can see them are hanging around with average people who are non-media artists with the exception of going out with their family and relatives. In fact, even if you do spot them, what is the percentage of you seeing them frequently, it’s like one in a thousand chances to see media artist on the streets unless they are working.

Each successful individual are successful because he/she hang around and network exchanging ideas, strategies, tips and methods to improve each others weakness to mastering the art of perfection in each other giving positive remarks and comments.

If you want to make a change, start by reading more of my blog, ask questions. Go to libraries to borrow self-improvement books, read, learn and absorb what you find useful and beneficial to you. At times if you can’t find any, than you need to dumb away your negative unproductive thoughts before you can even accept and absorb positive education which is easily available to the public.

It is easily accessible to the public to learn and picked up, but it’s not simple to absorb those free successful education and thinking into our minds. Just look at how many people go to libraries, how many people who read such books make it to the multi-millionaires rank. Little to none, because they can’t absorb what is taught and shared by successful people without first admitting their own learning is flawed and try to learn from the book with their flawed thinking and mindset which will of course produced flawed results.

If you need statistics, ask your friends, how many even bother to read millionaire, multi-millionaires or even billionaire’s books and trillion dollar company strategy books? Not many, nor do they even go to the business section to know that it’s free to the public for borrowing. Do what you need to do & do it!

If you’re not successful, now you should know why and what you need to do to alter the results which you’re getting. You have a choice between positive and negative. What will your option be?

Popularity: 1% [?]