Ryan Ho's Entrepreneurship Blog

Blogging on topics revolving around entrepreneurship.

April-23-10

Technology

posted by ryan

Technology is the usage of knowledge of tools, techniques and crafts to communicate for convenience especially over long distances.

Modern technology has replaced old traditional media such as telephone, text messaging or short message system (SMS) and even blogging ever since the introduction of mirco-blogging which is more related to giving updates of personal details than to share ideas and thoughts.

No matter how much innovation and creativity are being created with modern technology, age old communication face to face will still be the strongest form of communication.

It is only when discussions are carried out in person, than are they able to melt or iron out disagreements, differences in thinking, ideology, principles, objectives, agenda before unanimously agreeing on a share vision for mutually beneficial terms and conditions.

While technology has increase the bonding of friends without meeting up in person, it only is able to tell us in one single aspect of communication which is the thoughts of what is in our mind that is written in social networking sites such as Facebook, Twitter, Youtube and many other social websites or even gadgets such as 3G phones etc.

The benefits of meeting up in person for discussion has got more benefits in fact which most civilians will not notice either way because only businessmen or owners will testify to those benefits.

In a person to person boardroom, group, or private meeting, there are many other ways in which we can communicate and understand both parties’ interests clearly without many words used.

Within a short effective one hour group discussion of meeting, there will be discussions, disagreements are ironed out instantly without waiting increasing the lag time. The tone, facial and body expression will tell the receiver even more details about the real intentions, thoughts and observations during the conversation thus making an accurate decision as compared to a casual discussion online.

Social websites can create the common bond, but it is the bonding of trust and chemistry that is only created during inter-personal interaction that brings the gap one step closer to one another.

Technology at the end of the day should be used as a secondary communication channel only for keeping in contact with people who each of us are not really close to, but primary communication still stands and is technology proof, interpersonal communication is still what works best.

It’s a fact; if not why would couples want to meet in person to know the other half instead of meeting, chatting with each other online until the critical stage of marriage than meet. It is a fact which we cannot deny and cannot escape; bonding is created only at interpersonal level and not via technology usage.

Embrace technology and put them to good use, but do not let it be used as an excuse not to meet friends in real life. Communication is what holds people together and it should be done in person.

Popularity: 5% [?]

March-22-10

Politics

posted by ryan

Politics, a group of people within the government that makes key decisions which will affect and implicate many parties involved.

Politicians function and operate differently from businessmen. Politicians are like the parents of a big household, with the responsibility of taking care of every single person under her care, respect is given and once they are successful in winning the votes. Businessmen on the other hand is like a adult who has just moved out and is going independent, without wanting to rely on others, thus those who make it successful often gain wealth and authority thus earning respect.

Politics is a fun topic to learn, but not a good employment to be in due to its complexity and the laws associated with it plus mountains of restrictions and limitations, thus businessmen never ever get into politics. Thaksin is an exception who has since paid a hefty price for breaking the culture of not doing both politics and business together.

Popularity: 1% [?]

March-15-10

Business

posted by ryan

Business is a trade, profession engaged in commerce, manufacturing and profit seeking enterprise.

It is anywhere and everywhere, big or small, it is all about business. It is part of our lives and to succeed, we need to master this trait. It is a must for survival, but thanks to politicians all over the world, everyone has since than become lazier with time, from bad to worse, relying solely on government grants, tax-relief, for a living and not working depending on different countries.

Successful people does big businesses working together with bigger companies for mutual benefits and growth sharing the pie while poor people only fight for the same pie and kicking the competitor aside thus there are always not sufficient food to go around the poor who knows nothing but only pure selfishness.

Business is anything and everything; it is a transaction between two or more parties involved in the deal. As long as multiple sides get to benefit, everybody will be happy.

That’s how simple business is, it is never complicated thus we do not need to get highly educated to do business. Just basic calculations will do, of course this applies to most of the businesses but not all due to the complexity of health sciences, food and beverage industry thus education is not a necessity but rather a bonus for those who do.

If you want to succeed, mind your own business, take care into anything that is associated with your industry, and that is basically what all businessman does.

Don’t be a busybody, since it will only increase your problems, worries and get more troubled instead of increasing your wealth, assets, and money.

Its time to get down to business, you are ready or you are not, there is no two ways about it.

Popularity: 2% [?]

March-9-10

Conception

posted by ryan

Conception is the act of conceiving, the state of being conceived, to form an idea of something, it is the fusion of gametes to produce new organism of the same species.

The word conception comes from the word concept which is an idea which was either passed to us via learning or what we picked up as we grow and learn from experience.

The most common concept, idea about wealth and success is that “Money is the root of all evil”. I am sure most people would have heard of this concept at least once in their lives.

Like I said in previous blog entry, money is a double edge sword, and it is and can be anything except evil.

The root of evil comes not from money but comes directly from the beholder of money also known as the person who desires for great wealth, fast cash, quick cash, instant cash that contributes to this concept of money is the root of all evil, but those who think that money is evil didn’t even at once look around themselves and understand the many different uses of money in the society and all over the world.

Money being used to commit crimes is just a small minority uses compared to the businessmen, entrepreneurs use of money for other purposes.

Money is conceived by many different channels, and we definitely can grow our money with the right choice of vehicles chosen, and the most discussed and widely used way is not the best way which is to throw and trust your hard earn money to the banks, insurances and let them do what they want with your money in return for peanuts.

You should instead grow your money; invest in instruments which can help you grow your money. By investing in a person, property, or business, the person, asset or business will be the vehicle that will help you grow your money, in a way giving birth to more money like a money tree with ripe

That is the real definition of growing your money, instead of buy and spending your income, which typically goes like this “pay bills, spend & enjoy, save the remaining” on a monthly basis.

Instead it should be “pay off bills, invest a portion, save a portion for raining days than spend the remaining to entertainment”.

I am sure this is so simple for anybody to apply that no body will need to even pay or engage a financial or wealth manger to help you with money management.

It is actually a extremely simple common knowledge that poor thinking people often complicate things and ask questions that only complicate and worsen any simple problem thus thinking it is extremely difficult.

If that’s the issue you are having now, go read up on Singapore history, do our forefathers after WWII have problems with starting their own street business in Chinatown and in other areas?

Learn from history and ask your elders, stick to the basics and it will save you lots of money.

You do not need to be intelligent to grow your money; you just need basic common sense.

Keep it simple, and love what you are doing, this way you will succeed.

Popularity: 1% [?]

February-27-10

Wager

posted by ryan

Wager is the act of placing a bet to risk and stake something of value on an uncertainty, example placing bets on soccer, basketball, wresting, casino games and many others.

It is not wrong to wager, in fact both the poor and the wealthy successful people wager on most of their valuables in exchange for something bigger better for a new improved lifestyle and increase comfort.

Like I previously mentioned in the other entry Gambling in the difference in how they view the loss on investments which is identical to looking at the rate of returns or investments also known as ROI, thus it is good to place a wager, but don’t use lots of your money, instead you should start with little or no money and there are tricks to doing so if you have successful businessmen as your friends, you will realize how they generate wealth with little or no money.

Like what I previously heard from a seminar speaker Wendy Kuek who was featured on Channel News Asia “The Million Makers” on how to make money. A question was asked why emphasis on making money with little or no money? Her response was, if you do not know how to make money with little or no money, what makes you think you can make money with lots of money?

Like wise the same idea is being written in Rich Dad Poor Dad, Think and Grow Rich and many other books. The idea is to double your money growing your money. It is like the growing a fruit tree. You don’t plant a fruit with the intention of only wanting to have grown another fruit out, instead when you plant a fruit tree, you expect the tree to grow an abundance of fruits which you can profit from and the same theory applies throughout the law of basic economics in business.

Place a bet on something only if you can control and tweet the situation in your favor, that is the difference between the poor and the wealthy successful people and they successful businessmen/women knows exactly this point.

If you want to place a bet, bet your wager on wealthy and successful businessmen who are willing to help you succeed.

Popularity: 1% [?]

February-27-10

Gambling

posted by ryan

Gambling is the wagering of money or something of material value on an event or with an uncertain outcome with the primary intent of winning additional money and/or material goods. It is the play of any game of chance for money or other stakes and to take a chance on either a venture or risk towards success.  It can be any matter or thing involving risk or hazardous uncertainty.

By adopting gambling, it is to engage in a reckless or hazardous behavior and in the process of doing so, affecting their close family members and people living near them.

It is only today that I talked to my mom that I understand their thinking. They think that they are investing rather than gambling. Investing in a new hope on a daily basis, resetting their losses on investments with each new investment, purposely does not want to know and record how much they start to ‘invest’ in gambling activities.

The wealthy and successful businessmen will factor in their total losses on investments and proceed onto another business venture if the business is not doing well, but the poor does exactly opposite, ignoring their losses, keep pumping in money with the slightest hope of recouping their daily investments.

Gamblers are investing in the wrong area which leads them to poverty, it is the poor who are digging their own grave and adding more restrictive chains binding themselves to poverty instead of wealth and success.

Lottery, 4D, TOTO, horse racing and even casinos are the traps businesses set for their own company and business profits increasing their own wealth at the expense of the already poor people.

Gamblers often say “small bets will not matter much” but the issue is not placing a small bet, but to be completely blind to striking a balance in their own financial statements which requires basic accounting knowledge. It is like wanting to work to bring the bread home and striking a balance between family and work time. People who are addicted to gambling purposely blind themselves to greed and worship money rather than being hardworking to learn the tested proven ways to increase their own respective pot of own gold in terms of hard earned savings in hope for a decent retirement without worries.

Just look at the track record of winners from gambling history, is there anybody across the world who as being featured in the news to strike the jack-pot winning millions and is able to increase their pot of gold instead of gambling it away bits by bits? Are they able to increase their own wealth without any external help of professional successful businessmen, no gamblers to date since the day gambling was invented has made it possible?

The answer is obviously clear cut and straight forward, gambling will not make anybody rich, instead it is the gambling operators that are successful and wealthy from, it is a simple predator versus prey whereby the gambling operators set multiple traps within the gambling den and the casino with more chances of recouping their losses and highlight how much the highest ‘lucky’ winner has won to date to encourage gamblers to spend more.

Like business whereby nine out of ten businesses will fail ten years down the road, gambling is identical if not the results don’t need to take ten years, in fact just one year will see the results with nine out of ten gamblers losing money than profiting from gambling.

If you who is reading this article right now, agrees and wants to increase your chances of winnings with the factors you can control to reduce your risk of losses, contact me right now and I will show, lead and guide you on how to grow your money into wealth.

Popularity: 1% [?]

February-24-10

Time

posted by ryan

Time is a measurement system of a unit. It is a measurement of a period or interval.

Everyone has the same amount of time twenty four hours a day seven days a week fifty two weeks a year and so on. Time is so unique that nobody can create extra time for anybody.

The poor can only have maximal twenty four hours per day, while the wealthy and successful businessmen have X numbers of twenty four hours, and it is based on the number of business partners, employees they have working on a project, repeating doing the same thing to produce products, services for sales and profit to the business.

With increase help and paying people in-exchange for their time, the businessmen thus can increase and better utilize his time on more profitable business to further increase his wealth accumulation process.

Businessmen thus in a way is buying time from people, leverage on business partners and employees which is mutually beneficial to all the parties involved with agreements to the terms and conditions attached.

While time can actually be bought, but nobody can buy back lost time, time which has passed can never ever be bought, which brings me to opportunity cost, when the timing is right, a business proposal is in front of you wanting to invest and be part of it, if you miss it that time, in future when they succeed, you cannot turn back time thus you live a life with regrets and nothing else.

We can buy time but we cannot buy lost time since we cannot turn back the clock. Instead of living with regrets, why not make the best use of time to do what we like, go after our dreams, passion or wealth.

If you are clueless about opportunity cost, there is a daily repeating event in the neighbourhood near you. Just start queuing up for free newspapers everyday, at time you may be in the front, but what happens if you are at the back of the queue without any free newspapers left. That is the lost of opportunity. You can choose to wake up early, take action by queuing or find shortcuts.

If you lose it, you cannot find it back, since the newspapers are all given out with no spare copies. It is identical to doing business. Just with the exception of business where money comes into the picture.

If you know Microsoft, Google and Facebook could be what it is today, if there is a opportunity for you to invest when they are still unknown, you have found the perfect opportunity that once lost, it is lost forever for good or bad depending on your perspective, time is important, so make sure you know how to look ahead and invest in visions, not dreams.

Today at this date, I have an opportunity for interested parties, I’m not sure how long or short this limited opportunity to work with successful businessmen will last, but if you understand the value of time, do not hesitate to contact me,

I’ll get back to you if you show interest in wealth accumulation, moreover whatever I am doing right now, it is tested, proven with time and results from seniors who have being there, done that. I’m learning from businessmen who plans on building companies, if you want to be part of it, why not now, ask me for more details.

Popularity: 1% [?]

February-19-10

Privilege

posted by ryan

Privilege is a special right, immunity, and exemptions granted to individuals by a authority or government. It is for a person to enjoy more than and beyond what is considered to be an advantage.

It is like a key that opens to a window of abundance of exemptions and immunity at different places.

Like celebrities have privileges like private invitations to fashion shows, events from big companies due to the relationship they have with media.

Successful businessmen enjoy better privileges than other people, shortcuts from banks, people, and different treatments. Look at the airlines and the difference in service treatments if you need an example.

Privilege is far more exclusive than having an advantage. An advantage can be anything, by just knowing a new strategy other a fellow business competitor, that is consider an advantage.

Having privilege means to have lots of shortcuts, crash course to the top faster saving time, effort and minimizing losses which is the most important with the right advice from fellow businessmen.

Do you have to have an advantage or are you looking forward to have a membership which has its own privileges?

Popularity: 1% [?]

February-19-10

Association

posted by ryan

Association is an organization of people or plants with common purpose together under uniform environmental conditions working towards the same goal or objective. It is the alliance, an union of company, a force not to be reckon with when it forms together.

Animals associate themselves with fellow animals as well to help clean themselves especially in the ocean, sea and lakes. Sharks have small fishes swimming together helping themselves with the parasites on the skin of the sharks, whales have shell like organisms living on their body, while crocodiles have birds to help them with teeth cleaning.

Gangsters form together because each on their own, are people without the ability to complete any task on their own thus they form a gang, to bully the weak, get things done their way and fearing the powerful people with stronger backing example the police.

Aunties form together in markets to gossip in morning market session for breakfast before going to the wet market to buy food. In a group of aunties, they can get more discounts saving more money.

Smokers and drinkers are associated together and always seen around one another because they cannot miss out the company or one another enjoying the company.

Wealthy successful businessmen hang around together playing golf, closing business deals and helping one another earn more people.

Poor people are poor because they associate themselves with the wrong people. Rich successful businessmen associate themselves with even more successful people to help each other profit in different areas.

Whatever you seek and dream to be, you need to get associated with the right people who will help you build your dreams, visions and goals and other business ventures.

Make the right choice and do the right thing. Walk a path and associate with wealth builders and not demolisher who are money suckers and spendthrifts.

Popularity: 1% [?]

February-18-10

Freedom

posted by ryan

Freedom is the ability to do anything without being held back by the powers or ability or influence of anyone.

It is the ability to do as we wish without any limitations or obligations.

The older and wiser we grow up with time, the more freedom we seek. Freedom comes with a price, a heavy expensive price.

Expensive price is the reason wealthy and successful businessmen than can have the freedom.

People who are poor are trapped in their own invisible prison they built themselves. Working hard for a job, just getting paid peanuts, benefits being utilized greatly by employers it’s like rearing an elephant that can do so much work but only feeding it the required food and nothing additional beyond their diet.

People travel to break away from their barrier or prison which they built themselves. When they can’t afford for luxury items and expenditure, than will it be of a misery for such people.

When they are not able to fulfill their goals or give up, their determination changes to despair and with that feeling engraved in their mind, they than resort to negative methods to get what they want or they pay more than what they can afford to resulting in crimes and bankruptcy.

What hobbies you like determines the lifestyle you will live. It is similar to a pet owner buying a pet which he/her likes. With time and observation, you will notice that it is not coincidence that a pet owner purchases a pet displaying similar behaviors and habits like their owner. It is like a spoilt brat is all due to the failed upbringing of their parents who failed terribly to discipline and instill proper education to their children.

Look at the older generation of uncles in Singapore, those people who enjoy keeping singing birds in cages, taking them out on weekly basis to an area for singing birds to sing and show off their birds to others, thus making friends, deals of transaction etc. Hobbies to me are not only a simple affair, it is the reflection of your inner desire, the subconscious and your thinking, it has to do with psychology.

If you seek an expensive hobby and have strong desire and urge to realize it, than network and meet up with successful businessmen who can help you achieve your dreams of realizing your expensive hobby. It is only when you speak up your true desire, than your mind will really take it into serious consideration and the natural law of attraction (as shown in The Secrets) will automatically comes to you with opportunities, provided you must grab it tightly.

Only when you hang around with people who have attain such results deem impossible by many, than the odds of success increases and is on your side, because the successful people will not only encourage you, but also give you a helping hand when you show with actions and trust with time and commitment, the delegation to helping yourself first before anything else.

To the successful and wealthy businessmen, anything is possible as long as you work towards your goal whereas for the poor people, everything is impossible and beyond their reach plus the common phrase they always say, don’t be crazy, stop day-dreaming which only put them one more step closer to living with regrets and misery.

Do you want to fly like the eagle in the sky or do you want to craw on the ground like a centipede cutting each others throat for survival? Be magnificent and be admired or be a beautiful poisonous creature that nobody wants to avoid?

Popularity: 1% [?]