Ryan Ho's Entrepreneurship Blog

Behind my thoughts and processes on becoming an entrepreneur

April-23-10

Battle

posted by ryan

Battle is the contest of strength and merits of individuals in a hostile engagement in any environment.

It is not simply a fight, instead it consist of many other factors and hopes pin onto that single or group battle of participants where dreams, hopes, dignity, reputation and pride are on the line.

Emerging victorious from a battle with valour is the pride of the winner representing not only himself, and also the coach, people who believe in the contestant/fighter, the same race and even the country he is representing.

When a contestant is selected, he no longer represents himself but represents all the people and is wearing the national flat in a battle. Living the dream and living up to the nation’s reputation, pushing themselves forward at times even if they themselves want to surrender at times.

That is when moral support, motivation, cheers works on the contestant who represents their dreams to push on and fight harder than before the results are announced.

In the technology era, there is no longer the physical battle. Instead it has all switched to the use of media, wanting to emerge as the winner in respective fields to be acknowledge as the global champion without engaging in fights which is also known as politics.

There are two concurrent wars happening in every single country on earth, the war of politics and government fighting on two fronts but using the same soldiers.

The top cabinet ministers are the politicians wanting to establish themselves as the good person helping other nations in need thus they go for bilateral ties and treaties with respective nations with mutual beneficial terms.

On the other hand, the same cabinet ministers are fighting their own battle with the civilians who are their boss and may pass the rights to run the country to another political group if they fail to satisfy their needs which are employment and ensuring everyone gets paid.

This is what I myself view as a losing battle, one person cannot fight on two fronts, moreover they don’t even understand what the external nations wants with their own country and there they are trying to win on both sides and are sinking on both ships with each leg stuck in a ship each, sinking along with them.

What kind of battle are you up against with? Who are your competitors? Are you representing yourself or your parents or even your own organization? What is it that you seek? Before you even have the desire for battle, what is the purpose?

Battle is the same in business, fighting everyday for profits, sales, clients, and with the objective in mind to win and emerge victorious thus growing rich, affluent into big companies and businesses.

Are you rich or in the process of making it? How do you plan to strategically move yourself up there and where are your alliances? Identify all these to increase your odds of success.

If you don’t plan, you plan to fail.

Failure is not a option but a chance to do self-reflection.

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February-22-10

Confidence

posted by ryan

Confidence is to have full trust or belief in oneself and one’s abilities, it is the assurance that a person display that the audience believed the person/speaker completely. It is the trust and the faith in a person or thing.

It is a belief and trust of self-confidence that helps individuals complete any task at work, in school or in business. In the world of animals and man together with other living organism, it is all about survival and confidence. Without self-confidence, life will not be passed on.

Man animals and other organisms are similar in various ways. They during the mating season/period will display their respective own skills, strengths and beauty to ward off other competitors to attract a mating partner. Fending off competitors means to display their strength first and gauge the possibility of winning before making getting into physical action.

Like a monkey, first accessing his rivals before fighting, the winner who emerges victorious will have the rights to mate with the female. The loser will either stay within the group of the monkey than helping to keep a look out for any external treats as a scout if not leave or find another group to find a mating partner.

How man mate is whereby both the male and female shows confidence of themselves via their own respective abilities. For male, standard guide will be wealth, home, money, financial security which will never get out-dated.

Females on the other hand display that they have the figure, motherly instincts like care and concern or interest plus developed assets both mentally and physically.

Mating is a showcase of easy way of displaying self-confidence via actions, speech and other factors. Business profits and deals are made based on their previous credentials, success rate, relevancy and return on investments before striking a deal.

In a presentation, if the speaker is weak in the sales pitch, soft voice, unable to help his audience share the same vision and dreams as the speaker to sing in the same cord, the speaker than fails the presentation giving the chance to his business rival.

The way we speak, talk, look, conduct ourselves, even walking display the level of confidence that we have ourselves. There are two types of confidence, first is inner confidence, a self belief and next is external confidence, the way you dress, how you walk and communicate shows how confident you are.

Having inner confidence, self-belief in you is far more critical than having external confidence. Clothes, body language can be faked, but inner confidence cannot and be faked unless they are trained in that area.

Often it is those with strong self-belief in themselves, when people are confident, even if they (guys) are outside walking in shorts, slippers and t-shirt ladies will still turn their heads and follow you as you walk pass them. I have tried it out on and it works. Inner confidence can be sensed by others even in the same gender, if you have strong inner confidence, the odds of winning is stacked with you against someone who only depend on external confidence like relaying on buying branded clothes putting on a false mask on a daily basis.

If you walk with confidence, you will feel wind as you walk even if there’s no wind on the streets. Don’t believe me, try it.

For starters, first wear office attire, put on a tie for guys formal attire and walk on the streets, be neat and tidy, don’t drag your shoes, and you’ll feel something different. That is when you feel the difference between the choice of clothes you wear and walk, than only will ladies start turning their heads slightly.

As for people with strong self-confidence inside themselves, they know very well how it feels like to have looked upon.

There is a common saying “Fake it till you make it” but I would prefer to say “First you fake it, second you network with successful individuals, third get the results your desire by doing what they do and fourth you have made it.” That is the real process of the common saying, but people just take it at face value without looking at in deeper into the meaning.

Confidence can be trained, built and taught but it must be used on the right things without harboring any ill intentions in exchange for some temporary gains as to permanent gains.

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February-13-10

Blame

posted by ryan

Blame is a physiological behavior problem that everyone was taught and influenced as we all grow up. It is a negative behavior that supports and strongly encourages people to be poor and create more problems and tensions and it is everywhere and taught to exist in our subconscious.

It is the act of making negative remarks of an individual or a group when their action(s) are socially and morally wrong. Being not taking their own share of responsibility, only pushing the blame to others, they are not accountable to themselves, the group, the company and the profits, thus when you see such people in life, they are usually wanderers who have no fix group of loyal friends to themselves and are not welcomed to any events. Such people will never be successful or wealthy.

Blaming is used in our daily conversation, newspaper reports, news, shows, radio, internet and even when gaming, it happens when a person cause a team to lose in the competition. It is only used by people who are struggling to meet ends needs particular people who are working, getting a small pay cheque to meet ends’ needs. With a just over broke mentality, the poor will only think of themselves as perfect and wants everybody to change and accept that it is their fault for a failure in job or work project not taking responsibility for their own actions.

Higher level middle income to high class income earners, entrepreneurs will practice different level of accountability and responsibility which attribute to higher pay cheque and bonus because they do the fair or business well and have a code of honor and other ethical self practice which isn’t taught in school.

Entrepreneurs blame no one except for themselves for the results they are getting. The more accountability and responsible you are, the higher rate of success you will attain. It’s about taking charge of your own actions and results, and not implicating other innocent people into the picture or situation. It’s like you’re sinking in the vessel and you want somebody to sink together with you, which isn’t good to begin with. Instead of dragging down somebody, if you know you’re sinking if not dying, why not give up your own float which you’re wearing to somebody else who has a higher chance of survival.

You don’t need to drag others to hell to be successful even if it’s a failure in the project work. If it fails, and you take responsibility for the failure, at least you look and leave a good impression in front of your colleagues, employer and partners thus more projects will be entrusted to you in future.

People who pass the blame to others are myopic people who need to wear spectacles. They can’t see the damage they incur when thy do any action, thus they deserve to fail and don’t need to be bothered nor pity them for their situation. They reap what they sow and they deserve it. Give mice a cheese and they will ask you for a glass of milk. So don’t even pity those people until they are sincerely and feel remorseful upon their own reflection and shown sustainable change in behavior and actions over a long period of time before you give them the second chance.

You might want to consider praising others instead of blaming others in future if you want to have a better and brighter future.

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February-11-10

Loss

posted by ryan

Loss is the failure to make good use of something, the failure to preserve and maintain. It is the failure to keep, get or have something; to bear the loss of robbery for failure to safe keep your money and valuables.

Every business, individual will suffer losses regardless of how big or small the loss is, but with each loss, there is always a lesson to be learned from experience so as not to allow the same mistake to happen ever again.

Lives are lost when natural disasters strikes, causing homes, farmlands, to be damaged, and people suffer both financial and physical lost of homes and wealth plus food.

Foolish lives are lost when people without proper thinking commit suicide thinking that their problems cannot be solved which is untrue. Every problem originates from the cause, the root, plug and root of the problem and it will be solved. People commit suicide when they feel the problem is beyond their control, coward acts and signs of being selfish passing on problems to family members and love ones.

Businesses suffer losses when financial crisis strikes, a chain of events beyond their control happens and everyone suffers. The only crisis prove method is to be self-sufficient, grow your own food, have your own property on your own land and depend on solar energy which is possible but it requires lots of wealth to make it possible.

If you are always incurring losses regardless of what you do, be it in relationships, getting duped, in businesses being tricked into signing agreements to give up certain rights or ownership or money, it’s time to re-look at the process, and reflect on why such losses always and never fail to crawl back up on you sticking to you like a leech sucking your health, wealth and life away from you.

If you’re clueless, get this into your head, the mind. You are the cause and effect of it, if you want to stop the same repeating experiencing similar unpleasant events, than start from inside outwards.

Stop using, talking, communicating the way you used to, ask people for advice, get a proper coach, relearn how to handle work, human relationships, handling rejections, how to view at problems, how to deal and cope with difficult problems.

There are a lot of things to learn, if you don’t and is unwilling to accept the fact that you suck at handling yourself, selling yourself, than you deserve to be duped and being abused because you show and tell others with your behaviors announcing to the people and environment around you that you’re weak in any other ways. The strong will always walk over the weak, which is why bullies are all around.

Learn to change, accept your problems, and deal with them, if you don’t, whatever happens to you before, will happen to you again if you don’t want to change. This applies to all areas, regardless of relationship, business ventures, health, mental well-being, EQ, IQ and communication.

Do you always want to be a position destined to be a loser losing everything and everyday no matter how hard you try? If that’s the way you show to others, you reap what you sowed.

Example like supermarkets, they always say trolleys go missing every month, damaged etc, that’s because they didn’t make any effort in preventing those events from happening. If you put a stop to customers wanting to leave with a  trolley full of products, it is going to help business save thousands of dollars with just hiring a few full timers to stop and prevent customers from buying more than what they can carry themselves.

By allowing customers to make their problem the business problem, than the business owner who knows the problem but doesn’t do anything to stop it deserves to suffer a loss and the loss just increases, when people recognize that the company can’t be bothered with small minor issue.

No matter what you do, do the best within your abilities to reduce your chances of incurring loss and come up with solutions to increase your profit while reduce the loss to double, triple your profits.

Stay positive regardless of whatever situation and positive results will find you soon enough.

Who do you want to be? A loser or a WINNER?

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February-11-10

Fair

posted by ryan

Fairness is what every poor mindset people think of only, to have a fair game, no advantages or biases towards anyone.

Advantage is what wealthy successful people neither seek, which does not and neither looks nor sounds fair to majority of the poor mindset thinking majority.

Decades and centuries have proven that there’s no fairness in this world, the strongest and fittest wins, the natural order of life.

All babies do start of on the same footing, having the same equal chance of survival, but there are other factors which babies can’t control, their family background, their genes, the blood line of heritage they will inherited etc. These are the unfair advantage of born in different family backgrounds.

Poor often say if I have this amount of money, I also can make it big and successful like those super rich with my business ideas. Some people even claim that they steal their ideas, when the fact is they neither know each other nor spoken to each other, let alone even know of each other existence, so how can the poor mindset person say their idea of success was stolen?

Throw them the people with a sudden increase of money, in a short period of time, they will be reduced back to the same old person, it has being proven countless times without anybody purposely sabotage or anything. It just happens.

How many times have you read news articles, know of people who suddenly became rich from being lucky with lottery, TOTO, 4D and hitting the jackpot can maintain their sudden surge of money to the next generation? No one has ever done it, even those who said they wanted to invest also failed to roll the money bigger.

The reason that is holding the truth to this, is the belief, mindset what is in their head, their financial literacy, how much do they know about wealth management, investment that will help them to get wealth not rich not money. It is only when you change your thinking, than only your wealth status quo will change as you increase your mindset towards being positive and learn plus apply and perfects it.

If you understand the essence of this blog entry, than start looking for your advantage, and don’t expect the world to have fairness, even if there is, you have choose to abandon the equal chance presented to you when the opportunity was there presented to you, but you just rejected it.

Don’t blame others, blame only yourself not even your parents for the result you’re getting now.

Get this into your head. “Life is not fair, it’s about having an advantage”

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February-10-10

Network

posted by ryan

Network is an association of individuals having a common interest, formed to provide mutual assistance and information within the best of their abilities.

Everyone networks, but what exactly is the difference between the networking of people who are from wealthy and poor?

If you want to be wealthy, choose your network of friends wisely, get to know and meet people who can connect and introduce people who have higher net-worth to you so you will one day be like them.

If you seek to be average and poor contented, here is the good chance, you can stay in your comfort zone, doing absolutely nothing to change anything, just continue doing what you are doing, getting the same results.

How much success depends on how much network association and the net-worth of your network to determine how much you make, as the rich and wealthy hang out together, thus their wealth are similar also, and often encouraging one another to increase and earn more profits having more wealth.

Wealthy people encourage one another that they show concern of. Poor people only care about finding buddies and friends who click and understand their frequency (thinking, language, and daily habits) thus hang around the right people.

You don’t need to queue up to wait for your chances to get rich and wealthy as you grow and improve. Smart and successful people use short-cuts and they use it very well by getting to jump queue just by knowing the right people, the crowd controller, the person in charge of queue, and getting to know people who are already queuing up in front of the line, make friends and jump queue. Don’t wait there foolishly for your turn.

If you seek to be poor, here is a perfect example: Debtors, creditors, loan-sharks, middle-man, gamblers, people who believe in easy quick cash hang around together, because they are cheating lying to one another or mislead into believing there is such thing as quick cash among their influence, even government don’t have quick cash generation method, if they don’t, what makes the poor think they found the right vehicle to get rich quick?

Trust me on this, the quicker your get rich, the faster your money runs away from you if you are lucky to win lottery but hangs around with the wrong people, not learning how to manage your finance, you will experience it yourself, it doesn’t take luck to be wealthy, but luck can help you get rich which is only temporary as compared to wealth.

Ask yourself how much you want to earn, find a person who is the connector who can introduce people of the caliber who you’re looking for to learn from and succeed together. Why choose to poor when you can change yourself, learn and upgrade knowing and working together with successful and wealthy people, start off first by learning and identifying who and how a person with the right connections can help you jump queue, and most importantly allow you to jump queue gracefully and elegantly that it is like an art and even people whom you stand previously in front will gracefully accept you to be standing in from of them.  Here’s what I learnt in national service; “Patience is a virtue, cutting queue is a skill” who said it when we were queuing up for purchasing of national service during enlistee period by my platoon sergeant.

Don’t believe it, believe it. Just look around you, how many people seek to get a higher academic education to have a short-cut and get higher pay as stated by all countries’ government across all the globe, that’s what majority of the people are doing, thinking with higher paper qualification equals to higher pay. Hello, wake up the idea, look, with so many in fact majority doing the same thing, what are the odds of you able to cut queue? Low, if not little or zero chances. So the next best bet you can bet yourself on is to find a connector who will connect you with the right people to learn the fast track/speed forward/crash course to succeed and get wealthy. It all starts with getting a connector, a coaching from a successful mentor in the discipline you seek.

The choice lies in your hands and only you can decide for your future, not even your spouse, parents or parents-in-laws can make the decision for you. It is all about you and you only.

“Make the right choice. Do the right thing.”

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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?

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February-4-10

Skill

posted by ryan

Skill is a art, a knowledge that an individual excels in as being the master of the knowledge with the ability to apply a skill that he/she picked up and apply it to any business, environment or even in daily lives and activities. Skill is a expertise in a certain knowledge with the ability to apply it anywhere, everywhere, wherever and whatever the situation is regardless where, who, what, and how an individual is in.

Knowledge is just know-how. Knowing how to solve certain problems with steps and procedures to go about it, knowledge by itself is useless without the flexibility to remodel it and apply it into different forms and variations.

Everyone can pick up knowledge but not everyone can pick up a skill which requires time, effort, commitment, determination and passion to master and try perfection the knowledge into a skill they can use and apply in whatever circumstances.

Examples:

Look at a professor teaching in a university. What is he doing? He’s teaching students and passing them the knowledge which he got from his teachers and professors when he was still a student and the cycle repeats. A professor can only teach academically in exchange for an income to meet day’s needs.

A professor isn’t skilled to use and apply whatever knowledge he/she has to monetize it and profit from the knowledge which he/she the professor has and an abundance of it actually.   No matter how much money he/she earns, the professor is and will only be confined to his area of knowledge without any chances of venturing into other areas which he has no knowledge of.

A professor is a smart individual without any skills nor is the professor able to guide us their students how to profit and make real money. Do you want to continue pursuing academic education and stay in the rat race getting yourself only deeper and deeper into the banks’ favorite list of debtors making them rich and causing yourself to be debt-ridden and suffer more as your study?

An entrepreneur might not be as academically smart like a professor but an entrepreneur is definitely smarter in application processes and knowing how to maximize the skills into perfection to create a business, profit from it which is why entrepreneurs will always be more respected than bosses who just take over the company from their rich parents.

Entrepreneurs are skilled in whatever they choose to be in and are experts in whichever and whatever they do, able to apply the skill to any businesses even if it’s not what he is good at, but with a specific skill set that he/she has perfected, it’s like a blue-print, a skeleton key that can open any doors regardless of what types of locks are being used to safeguard a home.

The next time you pay money for education, make sure you’re picking up a skill, and not just learning new knowledge.

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