Ryan Ho's Entrepreneurship Blog

Blogging on topics revolving around entrepreneurship.

February-11-10

Big

posted by ryan

In life, everything we do, we want a bigger share of the slice, be it business, relationship, food, home or assets, we never fail to desire and seek for bigger and better items to indulge ourselves in especially luxury and pleasure and holidays traveling.

Big is important, the bigger items and assets you possess, the bigger you influence will have on other businesses. Being successful with results will attract more talents below you, wanting to learn the steps from you.

With more influential power, the ability to influence and the words creating stir among people, when this phenomenon happens, you will soon be on your way to be a outstanding person commanding respect, fellowship of seekers wanting to be kept under your wings.

Big are not rocket science, but a gradual genetic thirst and intense urge of desire to increase our share in whatever we do. This happens even in the cat family, tigers, lions, leopard and jugular and among the reptiles. The bigger they grow, the larger stomach they have, the increase of volume in food or prey they target.

Growing bigger is a natural progression, if you don’t seek to improve your standards of living and lifestyle, denying yourself, your body and your genes of the natural instincts to grow and get stronger, you of course will get weaker as each day pass, and be consumed by other larger animals.

Big is beautiful. It happens in both genders.

Females seek beauty in terms of both physically, and deeper wallet size to allow them to spend happily swiping the credit cards on a shopping spree thus ladies will naturally without fail look up to a man who can provide financially for the ladies. Even if there’s no love, the lady will still stick to the man who’s the provider. This again is inside the genes, since apes gradually evolve into barbarians than to modern man today.

Males without say look for materialistic gains but by being practical and doing it within their ability in terms of assets, wealth, influential power, commanding respect from people, get acknowledgment from even their competitors.  Respect comes not from being able to earn money, but is built when they are entrusted with secrets that ties to reputation and they will not try to oust out a fellow competitor via underhand tricks such as accusations, piracy etc.

Look at Tiger Woods incident, the sex addiction scandal was not at all surprise among the golf professionals in the inner circle of the golf association, in fact other golf professionals even helped Tiger to cover up for his personal life matters. Personal and business issues will never ever be mixed together, that’s one rule of alpha males, an unspoken rule binding all successful professionals together.

There were news articles reports which mention about this, and also on reports that the ladies regretted not listen to the advice to remain silence in return for money benefits and choose to reveal it to the media. Why the regrets, read newspapers to find out more, I know it, because I’ve read that book which told me all about the unspoken rules of alpha males which was meant for ladies, but I borrowed it to read and gain unlimited wisdom and in-depth understanding.

The reason why businessmen never fails to be a sore topic among ladies claiming for equality is already written all over different books, but they just don’t spread out, thus when men see such things, they are often ignored. The unspoken language of the successful wealthy businessmen, to be like them, if ladies can’t beat them, why not join them but first thing first, there are lots of steps to take to be able to join the bandwagon.

The core reason why people always say businessmen and not businesswomen is solely because it’s a fact that alpha males rule the world, not the government, the holder of wealth calls the shot. To win the game, you first have to learn the rules of the game. Not learning yet playing will only result in unfavorable results working against you.

Alpha male value honor and integrity while beta males, alpha females and females will just take it with a pinch of salt and do steps that sabotage and ruin their own future without anybody doing anything.

Learn the rules of the game, if you don’t be prepared to be left behind and you will not even notice who speed up the process even if the compliance and person who wants to get rid of you are standing in front of you.

To survive, learn the rules and stick to it or you will be axed in an instant without knowing who and why.

Popularity: unranked [?]

February-5-10

Foresight

posted by ryan

Foresight is the foreseeing into the future. With the relevant knowledge, linking up what events, society trends, lifestyle is heading towards in the form of trend and to look forward more by just a few years ahead of business rivals and competitors to gain the competitive advantage of manufacturing, producing gadgets which will whoa customers, cool geeky, sleek, information technology enthusiast will want to get their hands on.

Foresight need not decades of planning, it just requires two-three steps ahead of business competitors. Look at Apple co-founder, Steve Jobs one who revolutionalized the new era of computers, notebooks, and other electronic gadgets for maximum portability.

No longer is it a necessity to have a CPU (central processing unit), monitor and keyboard plus a mouse to make a complete set of operational computer. Now all it needs is a tablet, with touch-screen keyboard, monitor, CPU and even mouse all integrated into one single product which is an excellent idea for maximum portability, convenience for the consumers.

Giving what the customers wants, convenience, portable, cost efficient and productive and multiple functions for convenience and easy storage is exactly what information technology is all about.

From computers to notebooks to palm-top, MP3, MP4, PSP to 3G phones to iPhones. All those are just a natural progression of product cycle life. Innovation and foresight is so important that you can’t do without it. So observe what’s happening around you and who knows you will have a billion dollar idea which you can capitalize on when the time is ripe, with all the right ingredients, soil, elements, environment, farmer, water, right and timing.

Be at the right place at the right time and you will be the next winner. Opportunities are everywhere and anywhere, it solely depends on how you capitalize on your ideas for profit and how it benefits the people around you and the community.

Popularity: 1% [?]

February-4-10

Strategy

posted by ryan

Businessmen all may employ some strategies that lead to the success which they are enjoying today. But when you look at real entrepreneurs, most of the successful entrepreneurs don’t really have any strategies to being with.

In fact some entrepreneurs will even tell you that it’s their passion in which they do thus they just do it. This is a natural progression in any life cycle, growing up and evolves into newer, better self. The more I read books, the more I realize how much I don’t know. The more I read about successful businesses, the more I realize their success today is fueled purely by their passion, determination and hard work.

When they understand what they are doing, identifying and doing something which nobody has even look nor find it possible, is a perfect invisible strategy that can’t be learned. Passion can’t be learned but it can be identified easily.

Strategies are only used if you are the new kid on the block; try to fight for a slice of the pie from the market. Not many succeeded this way, but those who succeeded, either pour huge amounts of capital branding, value and high standards of customer service in order to succeed.

So if you aren’t a guy that will plan nor use strategies, the next best possible ways to succeed is to ask yourself what your passion are. I’ve identified my own and I’m working towards my own passion currently with the right timing of helping my mentor.

Passion will be your ultimate fuel to succeed even if everyone Is against you. The more opposition you are up against, the sweeter your last laugh will be when you are standing on the top having opened a new trail and declared it as yours owning the rights to it.

There is a slogan by Energizer “Never say die” which shares the same meaning as “Never Quit” quitters never wins. Which is why the forerunners always have the first mover advantage because they will never accept “No” as answer until a solution has being created.

There are many people who tried to climb the ranks to being rich by employing strategies, but if you use underhand strategies, it will someday come back to you. The best strategy to succeed is as simple as not having any strategy so nobody can copy you nor understand what you’re trying to create until you have create both the product, services and training for people who sees the value and than competitors will start surfacing trying to grab a slice.

Before they can even grab one, the impact is already felt, the first person that started it has already build an empire of brand, reputation which isn’t simple to usurp to throne.

Quitters never win. Winners never quit. That to me and to all others is and will be best strategy fueled by passion.

Popularity: 1% [?]

January-31-10

Media

posted by ryan

Media is the means and platform whereby communications messages and ideas are being carried out and conversed to one another to reach the desired party from a person to the next person.

There are many variations of platforms which communications in different forms get the message passed to us. In keeping up with trends, internet and technology are tied hand in hand and these are the tools which it is widely used by different parties of individuals regardless of gender, wealth status and age group.

It comes from television, newspapers, radio, MP3, podcast, blogs, news release, accounting statements, conversations face to face, over a phone call, videos, short messaging service and body language, eye contact, artistic expression, music, culture, environment and many other platforms.

There’s only so much we can do to capture a specific audience but to increase market share to getting a bigger slice of the market, it’s all about mutual alliance, respect your competitors even if they have flaws, but the rules of the game to wealth and success are simple. Get to learn the unspoken rules required for success before you even attempt to declare claim your status and position at the top spot and gain recognition from the audience.

Success is only truly deserved when you earn it, when others and the majority if not the industry experts honors you with the title to be labeled as a successful individual.  Never ever attempt to break the cycle or you’ll be out of the game in no time without even knowing your own cause of death in the climb for success.

It’s all purely business, and observing the rules of the game. To be successful and rich, you need to learn to master the game, only when you’re the best of the best, than only can you have the ability to write your own rules and let others follow whatever rules you have set in the first place.

The winners of the respective media are making lots of money from advertisement ads at different pricing accordingly. Respective media owners will continue to do what’s best for them, but what’s best for them might not necessary be best for us. Bearing in mind that everyone has their own unique appeal that captures their target audience, so whatever is played, showed, read out, written in different forms are just part of propaganda. Take it with a pinch of salt, and don’t completely buy their idea wholesale. Put on our own respective thinking cap and think for ourselves.

Popularity: 1% [?]

January-31-10

Benchmarking

posted by ryan

Benchmarking is a comparison of products in the market to allow a fellow competitor to have an in-depth understanding and awareness of the market information

Products and services are bench-marked accordingly to the different market segments which they are targeting as well. It also allows the company to identify the competitive advantages and disadvantages which they have.

It is a excellent strategy, but not necessarily a strategy that all businesses would consider to adopt in their own business model. Example, the top luxury brands do not use benchmarking, instead, they massively increase the price for the same product found available in the market.

The only difference this top luxury brands can commend the huge gap of price tag attracting a lot of green eyes are simply because they are the best in what they are doing.

Example: A diamond industry business specializing in diamond auctions where huge price tags are attached as compared to a diamond retailer.

Decide your company position, branding before you decide if you want to adopt this bench marking into your business.

Popularity: 1% [?]

January-18-10

Momentum

posted by ryan

Momentum is the rhythm or the tempo at which everyone pace us at getting things done.

This momentum is something which is crucial yet mostly being overlooked by majority of us as we work towards success.

Success is a sum of all previous experiences learn from mistakes, advices from mentors, advisers, coach, and consultants in various fields that each of us have encountered in the quest to reach the finishing line at the top.

Momentum is important, mostly remembered by athletics because they need to maintain their momentum to maintain either their leading and current position to prevent rivals from overtaking. The same goes to business and any other employments; it’s unanimous across all variations of employments.

Once you identified your own pace, you should follow it, get used to the pace, and improve on your pace to out-run the competitor just ahead of you. A method which I previously used in running back in the school days was to use my closest competitor within my vision and doing whatever it takes to get used to the pace of my competitor and storing energy at the last hundred to two hundred meters towards the goal for the final burst catching them off guard.

Discipline, determination and perseverance is needed to maintain, your momentum.

To ensure success, the other trick which is used sometimes to catch competitors who are hot on your tails are to set a below average pace for them to follow you  letting them getting used to the pace which you have set, once any competitor serves as your highest risk of overtaking your preferred pace then only reveal your actual own pace when should be your own pace sufficiently to win, don’t reveal your true potential to your competitors so you will always maintain a hidden winning formula or deep storage of energy required to take your competitors by surprise.

Don’t always surprise your competitors using the above strategy else they will put you on their highest priority to over-take increasing your competition which is why in business benchmarking is always seen in advertising campaigns, just doing what is sufficient to out-run the closest competitor to clinch the championship.

Here’s a real –life example in the music industry: Jay Chou, who was introduced into the Taiwan music industry by his buddy. Taking the music industry by storm, creating a tornado effect by releasing self-written, recorded songs all done by him in a matter of months.  With more than a few albums released in a matter of months, all done by him personally, he soon became the musical talent and the leader with huge fans. Do it once, do it right, and revert back to the market practice by releasing an album each year is sufficient to maintain his lead to date.

In the process of it, by showcasing his talents in music, he not only open doors to music, but also he talent in most of the musical instruments which was being forced to picked up by his mom since he was young (correct me if I’m wrong on this). With his success, album has being written to thanks his mom for the hard learning curve since young.

With that, it’s time for you to start identifying you own pace, set the momentum and test run it until you succeed in your field.

Popularity: 1% [?]