Ryan Ho's Entrepreneurship Blog

Vision is the act or power of anticipating what will or may come to be often said that entrepreneurs are visionaries. It is a vivid imaginative conception or anticipation with visions of wealth and glory.

Vision isn’t possible without dreams. Only with dreams than vision is possible. Dreams are the catalyst to react with action, application to form a vision which an entrepreneur sees.

Dreams cannot be shared it’s just all in the mind playing games only. Vision on the other hand is different. Once a vision is shared among a group of like-minded people, it creates a collective group of people working towards a common goal. A team is formed, and with more people having the same goal, its influence is greater and denser with the ability to influence more people to accept their vision and work together towards a common and greater goal of success.

Visions are the catalyst to entrepreneurship. If you can’t see yourself to be on the top sharing successes helping others who helped you, than there’s no joy in reaching the top if nobody is celebrating your success together with you as a group.

At times when the vision seems too far-fetch, than entrepreneurs will use another term, foresights, seeing what is to become in future tense and drawing up steps on how to make it a reality by implementing steps necessary and gradually to morph it into a reality with time and patience.

Vision works well with foresight, one who can looks into the future, identify the future, shape it will be the winner. Look at Bill Gates, one a college drop-out now a billionaire having his computer operating system in majority of the computers worldwide until the rise of the Apple Mac-book Steve Jobs the founder of Apple computer and forerunners of super cool information technology processes and ideas.

If visions don’t work, work on foresight instead, it is something that is much closer and has higher possibility than visions which some people might think it’s impossible.

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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.

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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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Entrepreneurship, a word which have being lightly mention in parts of my blog before, today it will be the made a subject although it may be short but it’s going to be a direct pinpoint on the issue itself.

While there are many entrepreneurs publishing books on why they have succeeded and how we can be the next one live to tell the tale but what’s really missing from their success story is the pushing reason, mostly by which might be personal reasons causing them to have the intense desire to succeed which they didn’t at once mention that caused the important ignition of a spark leading to a wild burning forest fire of self-motivation towards success.

There’s a book which I mention previously in a separate blog entry, but I’m going to repeat it again as this book together with another book will be more than sufficient to tell you why you we should succeed, not for others but for ourselves.

Many times, the idea of success comes with glory and honor but the reason behind the desire to succeed can be so simple like “I never want to eat choosing numbers”. As simple as it sounds, to those who understand what I written as example, good, else there’s no need to motivate or force yourself towards success if it isn’t you yourself who seeks success.

The book which I strongly recommend is “Why we want you to be rich” and Who moved my cheese”. The former being written by both Donald J. Trump and Robert Kiyosaki is a book which doesn’t teach you how to succeed but rather helps you understand yourself more and why you should. The latter is a book which isn’t top seller book, but it is a very practical, down-to-earth and simple book which can be completed in less then two hours even for a guy who doesn’t like to read books with slow book reading speed. This book however isn’t available in national library but can be bought in bookstores for $10 (round off to the nearest complete figure).

While many have talked about the fish analogy, but not many really take it to heart due to they have yet to learn actual real life fishing to understand the satisfaction of it. Unlike fishing, the book “Who moved my cheese” describes a tale of two mouse trapped in a maze looking for cheese to fill their stomach.

Going hungry is something that every single person have experienced and therefore this book will be especially closer and be appreciated more than the fish analogy. Back to the subject, quoting for the book “Why we want to be rich” again, “Entrepreneur is not a group effort. You have to be willing to go it done for a certain amount of time and sometimes for a long time. Having said my point, I wish all Happy New Year and say Cheers to Success if you believe and FOCUS.

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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.

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