Ryan Ho's Entrepreneurship Blog

Blogging on topics revolving around entrepreneurship.

February-11-10

Help

posted by ryan

Help is the act of either giving or provide what is necessary to accomplish a task or a need, to render assistance to people who need it.

It also make life less difficult and reliving them off their illness, pain and sufferings.

Help is everywhere and anywhere. Are you the person who likes to help and advise people or are you one who only likes to receive help and assistance from others and never give back any?

Help is a two way thing. The more people you help, the more people will help you succeed. The more reluctance you show in refusing to help others, the same others will show to you.

Look at businessmen. They are setting up businesses, helping many people in different areas. By employing employees, they are helping the majority of the people to get paid if they are willing to work hard for the company, and in return they get money to bring bread and butter back home to the family.

By doing business, providing service and solutions to help solve business partners’ problems, they are helping others again, and in return they get money (profits) back in return.

By lending a hand in charity with money, they help people in extreme poverty get fed with food and basic supplies, they didn’t expect anything in return, but than others see it, than again they are helping themselves.

The return favor of helping comes back to the business in the form of recognition, branding and position which is goodwill, building a reputable brand for the country, individual or business, the more low-profile you are, the more happiness you will get and more rewards will come back to you.

Not everything comes back from helping in the form of money, but the values and reward to helpful people and businesses will end up with much more than what they offered.

When individuals and business do charity, they can reduce their tax for that year too from the government and more support from the leaders governing the countries with more benefits in future. There’s nothing to lose in helping but a lot more to gain.

Exercise caution when you offer and extend a helping hand. Never ever help any individual that refuse to accept your help and stretching out their hand. If they reject you, so be it, there are others who will gladly accept and appreciate your help.

Practice selectively helping, else you will be abused too. Example: You don’t go around helping people in the brink of bankruptcy when they didn’t learn their mistakes or lessons. The more you offer help, the more you’re digging your own grave to perish together with the people facing bankruptcy at the expense of your financial help.

You will not help people who don’ t share the same vision, goals as you (only applicable to businesses only). If you’re into philanthropy, than just do it as long as it is within your means and financial ability allows. Spending and spreading wealth wisely to those deserving of a chance to succeed and grow.

Do not help people who will turn their backs on you, a real life betrayal of unconditional help will be USA. They who believe in their religion believe in helping anyone and everyone, and the help they offered get abused in this case example.

USA trained Osama Bin Laden, who in turn became a real ring leader in terrorist who betrayed USA’s kind intentions, war breaking out among Iran, Iraq, and neighbouring countries suffer in some ways.

So select carefully and help, don’t help people who act like they need help but with hidden agenda that go against your vision, principles and directions which again leads me to entrepreneurship.

Choosing the right business partners, help people who accept your help and not people who only want to make use of your help, be selective and test their intentions if needed.  Choose the right business partner and your life plus wealth will be made much easier, choose and make the wrong choice or decision, and you have hell of a time like USA still trying to capture Osama Bin Laden who may still be hiding inside the mountains underground and in the caves etc.

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

Choice

posted by ryan

Choice is an option of careful selection between different options offered, excellent, good average or bad products, merchandise and services. Different buyer decision leads to different customer experience and satisfaction, thus creating different classes of customers and businesses targeting a specific group of customers.

Choice is an opportunity for each of us to decide what we want, how we want it, and the expected results is already clear when we make a decision, knowing that the decision we make will have direct effects affecting our desired results.

It is a very fine and thin line between making a wise choice and a negligent choice. Whatever you do, do the right thing, make the right choice, but most importantly ask the right people.

Getting wealthy is not a want, it’s a need, a necessity for Singapore given that Singapore’s high-end property is snapping up fast by foreign investors, as fellow Singaporeans, are we so useless to submit and raise the white flag and allow their to take over and run our property, assets, earning money from us? Is this a repeat of history when the British took over Singapore only to run away giving Singapore to suffer at the mercy of Japanese during WWII?

Are we throwing away our choice to the foreigners? Getting wealthy is no longer a want, it’s a need that we need to protect Singapore, and be able to lift our heads up high, able to show the world what a little red dot can do in the globe, whoever that looks down on the little red dot will regret for making that choice and for even saying it and think about it. The Singapore founding leaders have done an excellent job in this aspect, but what are the majorities of the people doing to this? Nothing, so getting wealthy is no longer a want, but a need and a must do it. The world is your oyster, will you allow others to take the credit from you, taking away your fruits of labour only paying you a miserable small sum of money?

We the Chinese holding the huge population percentage should work together instead of cutting each other fighting among one another and giving the opportunity to the on-lookers who took advantage of it. Look at China; they made a very wrong choice, to be a fake dominant country producing products, food, merchandise that’s not real, giving foreigners a chance to grab a slice of the pie. All can be avoided, but it’s the thinking of the leaders running the country that needs a good washing to plan long term and not short term.

Singapore has done a great job in this aspect, and now not many countries dare to even mention the “little” again. It’s a fact that we’re small like a dot, but together we make a difference, and are the envy of a lot of other neighbouring countries wanting our help to grow their economy.

We should and must learn how to uphold, fortify our fortress, promote the Singapore brand, increase our advantage in the region, and work together to be a wealthy and successful.

Just like Jay Chou who wants to help his fellow singers in the music industry in his country, and China also being proud of themselves without the need to neither depend on foreigners nor even bother about what the world wants. So work towards being self-sufficient and depend on ourselves for our living instead of dependent on others.

Are you going to be a loser or do you want to grow together with Singapore and shine, even if we are the little red dot, but we are in fact multiplying our little red dots in other countries with their nations’ approval, so do you want to have your imprints all over the world helping Singapore multiply the red dots in other countries or are you happy to have others taking away our hard earn labour?

As we pursue our dreams, ambitions, we can throw away our pride, ego, face, reputation, and even work like a slave, but we can never ever throw away our dignity which is the core of ourselves, something which we need to be proud of despite how little and small our efforts may be but it makes a huge difference.

Even a beggar have dignity to stay at a place, work hard at begging for food, rather than a stray dog making pitiful sounds and a sad eyes tears rolling begging for food.

Dignity is what makes us who we are regardless of how small we will make around us, but if applied and used correctly, dignity will be the source fuel like the Sun in the galaxy burning its own fumes warming other planets that stay around the sun. Like Bruce Lee, he started low, throwing away his pride, learning multiple disciplines of martial arts, keeping his dignity and respect for our yellow skin and done us Chinese proud.

Do you want to be the person offering and extending a helping hand to others or do you want to be the receiver asking for help? It’s your choice and only YOU can decide what you need!

Popularity: 1% [?]

February-4-10

Limit

posted by ryan

Limit is a boundary surrounding specific area. It is the point, line or edge where nothing can proceed beyond nor able to surpass.

Immediately once the birth of a new-born we are very much limited to whom we are by birth and the financial ability and limited area of influence we have on others.

There is always a limit to everything and this limit applies to both the wealthy and poor people regardless of nationality, race, language, or religion. The difference between the similarities of the wealthy and the poor people are the differences in the number of limitations they have on anything and everything.

Poor people are living in a very small private limited situation. They are limited to how much they earn based on their education, how much they earn per hour, only allowed to obey and never to disobey their employees, their parents, teachers and their spouse who is their life-time partner. Even their choice of food, the first thing poor people look on the menu when they enter a restaurant is not the choice of food but rather how much it cost. Being poor are just pathetic; it’s like being a slave if not just like a dog serving their masters. Poor people are helping their masters (employees) to get rich and only contented to have a miserable sum of income as compensation without any benefits to themselves who worked so hard.

Wealthy people on the other hand have way much lesser limitations set upon them. Being wealthy has their benefits, in fact lots of it. They travel around with style, big cars, lesser routine checks, advance booking and reservation of seats. Wide variety of choices to choose from when they dine out, they choose what they really want, without looking at the price tags.  They have memberships, exclusive private invitations etc which only the top prestigious people will be allowed access to.

Both the poor and wealthy people are the same, a pair of eyes, ears, one nose, mouth and even the body organs are the same. All having the same twenty-four hours but what’s the big difference. Talk to them and you will know instantly with just a simple question “How to earn more money?”

The poor will tell you “Buy stocks, follow inside secrets, follow the TV, news reports gossips, buy 4D, TOTO, Lottery etc” while the wealthy will tell you “Invest in property, start a business, hire employees, build a system to run it auto-pilot basis, network with successful businessmen build powerful connections etc”

Now that’s the difference, and it all starts with a simple place, the brain, the mind is where you can change, if you want to be wealthy, start by correcting the negative non-productive thinking inside, dump all of them into the rubbish bin and implant new positive thinking that will help you build stairs, your steps to connecting with wealthy people.

If you’re willing to change, anything and everything you imagine is possible. If you aren’t even others help you get rich, you will not be wealthy without knowing how to manage the sudden increase of money.

“If you think you can or if you think you can’t, you’re right.” It is best to think you can, and do something about making it happen. – Henry Ford

Popularity: 1% [?]

January-25-10

Money

posted by ryan

Chinese New Year is coming, which represents a new Chinese Lunar Year welcoming the zodiac Tiger this year. Every Chinese New Year, Chinese will practice certain beliefs to keep the wealth inwards to the home rather than outwards.

There are taboos during Chinese New Year. Like for instance, sweeping is not allowed during the Chinese New Year period, if there’s really a must to sweep, than it must be sweep from outside inwards to the home so as not to sweep away for God of Fortune.

While everyone is preparing for New Year and welcoming the god of fortune, most of the people however, will not open the door even if god of fortune is knocking on the doors. Those who open the doors will be given and be blessed with fortune and prosperity.

Majority of the people in Singapore have being trained and bought up to look, think and plan only for short term. All that they see and ask of is money, only real hard cash is what they want, they don’t want opportunity which requires hard-work. All that they wish for is money to fall from the sky just like a game played in television shows annually, shaking the money tree in game shows.

Money comes in many variations. It can be in gold, silver, jade, antique, home, insurance savings plan, investments and businesses. It can also come in a form of a business opportunity. An opportunity to be trained by the rich, wealthy millionaires who knows the secrets of doing a business successfully greatly reducing the risk of loses with their valuable experiences.

New Year Resolution is a wish that everyone will make, but only a minority of the people will actually welcome anything opportunity that comes their way. Most of which either give reasons which are excuses to turn away money or tell the opportunity to wait for them, thinking it is their right to get rich and the opportunity must wait for them.

This kind of thinking is completely wrong, but suitable for respective nations, who wants to groom a large pool of civil servants, but I view them as slaves slogging hard for the rich without having a justifiable income for their efforts.

A bull who works so hard, will still be a bull after many years of hard. If working hard is really the proven way to get rich, than the third world should be richer than us already but why are they poorer than us?

The answer is simple and straight-forward: make the right choice choose the cash machine wisely before working hard to grow that cash machine.

Do you want to continue servicing your cash printing machine, or do you want to build a bigger, better cash printing machine with a New Year? If you’re working in the same job, have the same pay, doing the same thing which you have being doing for years, nothing have changed and like wise same for your income over these years and it will remain stagnant for years to come and even is losing in value thanks to inflation which is happening.

Inflation is the number one factor why the rich is getting richer while the poor is getting poorer. Without using the same tools which the rich are using to get rich, the poor will only get poorer because their tools are rusty, broken and not efficient to make more money.

Money is only possible if the poor is willing to change their tools (thinking) and adopt (follow) what the rich do (business investments) instead of slogging (planting a bean sprout) as compared to the rich who’s working hard too in a different way (panting durian trees) looking ahead for the long term continuous income once it ripens and bear fruits.

Here’s the difference: The poor use a green bean to plant a bean sprout with each bean, there can only be a bean sprout which is exchanging an item for an item.

The rich is smarter: Using a durian, to plant a durian tree, for the first twenty-years, there will be no fruits, and required constant care, attention and fertilizer as nourishment. After the twenty-years is up, when the durian tree is ready with deep roots, the rich (famer) will than no longer be required to care for the durian tree as it is ready to stand on their own producing rich quality and quantity of durians with zero effort from the twenty-one year onwards reaping the fruits of labor than sharing it with the people who assisted him during those difficult years.

Earning money is easy, exchanging time for money. Building wealth is much more difficult like planting a durian tree, but success will only belongs to people who are not only hard-working but also smart in making the right decision as to what kinds of seeds to plant and looking ahead of the benefits of planting the right seeds.

If you want to work with millionaires in printing money right now, don’t hesitate, contact me now and I’ll show and share with you what seeds I will be planting, and how I know it’s going to be the next durian tree. Success belongs only to people who makes the right decision and seek proper guidance. I’m learning from millionaires, and so should you. Join me as we go on a journey planting and farming durian trees.

Popularity: 1% [?]

December-29-09

Mind the Poor

posted by ryan

Thanks to the book “Why we want you to be Rich” from Donald J.Trump and Robert T. Kiyosaki, it has help me cleared most if not all of the blocks, riddles and reasons why becoming rich is no longer a want but a need to do so. In fact it is such a strong need that most countries ought to do so. If you want to know and find out reasons why you should be rich, either buy or borrow this book to read.

At page 248 of the book, there’s a section which talks about living below your means or expand your means. Most of the poor people would choice the former as the latter is out of the question to them having little to zero financial education. The latter will than be chosen by people who aspire to be rich one day if not are people who desire to be even richer.

While it’s true that rich people can also live in a simple lifestyle below their means but it comes with a heavy price tag to be able to buy a land, grow the plants, vegetables and be self-sufficient but in Singapore and land scarce nation, it’s nearly impossible already except for the existing kampongs which both government and developers have no say in, rejecting their offer to sell their land which has at least the size of few soccer field big.

Left with no choice than, the poor has to bow down to fate and the destiny that awaits them for being poor – no choices and living below their means, one standing phrase among all the poor minds’ are “Study hard, get a job, work hard and save your money for rainy days.”

I’m so sick and tired of such words, like wise for the majority of the people who took up MLM hoping to change their destiny, but it somehow seems far reach as most sales distributors are still dreams and not entrepreneurs themselves.

The poor mind works simple, they seek only not to lose, and not to gain, just living each day to the bare minimal hoping to be able to fill their stomach and nothing more than that. The simpler thinking each poor mind has, the worst their lives will be having their savings slaughtered like pigs in the farms by banks, governments, insurance agents, and financial advisers.

Look at the banks; list me anybody who has went become a Millionaire by just purely savings – no one, the only people getting rich from banks are the top management people getting paid high salary for making wrong investments at times with our money and being directed the way to the exit.

Look at the government, poor investor mind sets, only squeezing the poor, ripping our hard earn savings, make and squeezing us dry like loan sharks just that they do so legally by law due to lack of financial education. Which is why global educational institutions and governments do not and will never ever encourage people to take up financial sectors instead hire only people who chose the path themselves.

Government people are poor individuals with only knowledge in politics and academically smart yet holding high paying jobs making costly mistakes sucking us dry yet playing with trillions worth of money from respective nation’s citizens’ savings. Making a few mistakes with millions, and at times billions worth of mistakes does not warrant their immediate resignation due to primarily lack of politicians so they are free to make costly mistakes with our hard savings yet the poor can’t complain nor do anything because they don’t even know that government are not helping them at all.

Here comes the best part – insurance agents and financial advisors – they are the group of ‘trusted agents’ with nothing more than a paper qualification getting paid for each policy and financial package signed under them. With no prior experience of investments, they are just copycats, following the leader who tells them what to invest in, what to look out for etc. In short, they are not trained nor taught to help us get rich. They get rich by simply selling your paper services that help themselves get rich. Is this the world that you want to be in getting squeezed by those ill-trained advisers in different fields?

Quoting from a phrase said by Robert in the same book page 119 “Wall Street is the only place that people drive in a Rolls Royce to take advice from people who ride the subway.” This is truth that even a rich nation like US is taking advices from the wrong advisers, so what will become of the future in terms of dollars and cents? Do you want your money to be managed by ill-trained financial advisers or would you like them to be place in trusted people in the hands of entrepreneurs who knows the secrets of doubling if not helping you with increase your wealth?

To get rich, it’s as simple as knowing who to place your trusts in with your hard earn money. I have identified five mentors (in property, financial, and businesses) who will help me increase my wealth but first I got to proof my own worth first. While I have identified my own future mentors who will assist me, have you found yours yet? If your answer is no, I suggest you read this book “Why we want you to be RICH” It’s available at National Libraries in Singapore which can be loaned for free.

Popularity: 1% [?]