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% [?]

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% [?]