Ryan Ho's Entrepreneurship Blog

Behind my thoughts and processes on becoming an entrepreneur

March-5-10

Compete

posted by ryan

Compete is to outdo another for acknowledgment, prize and supremacy. It is the rivalry of two or more parties.

The most competitive industry in the employment sector will be Wall Streets in the USA. If you don’t know anything or what it does, watch Channel News Asia “Chinese woman succeeding on Wall Streets” and you will get what I mean.

In employment, it is the most competitive employment for employees where sky is the limit, and like what is said in the show, anybody who can survive in Wall Street for at least a year is already earning more than others. They have five times higher wages than others in the world. A hedge fun manager can easily earn up to a billion dollars of wages if he/she is successful.

In business, Forbes ranking list is the most competitive place for businessmen and entrepreneurs. In the past, being a millionaire will be sufficient to be among featured in the Forbes List, since few years back, Forbes List has changed and it takes at least a billion to climb into the list, thus the competition is intense.

Unlike employment, business is easier and much more fun and happening, if you enjoy what you are doing, something that is your passion, you are already ahead of your competitors because there is no classification between work and play for people who are working on their passion as business thus passion is a critical factor in business.

Competition is everywhere, it is the survival of the fittest for our own lives, we cannot depend on anybody except ourselves for a living, no even our parents, although parents are willing to give up their lives for us, but that is something that’s not good.

We should learn from the wild rogue nature of animals and beast, the instincts are kept inside each and everyone of us and will only surface in desperate times for survival. Clueless on what I’m talking about, watch Okto Documentary shows and you might learn about related stuffs.

Wild animals only protect their babies until they are fully independent and able to hunt on their own before leaving them on their own and carrying on with their own lives. This is seen and practiced by Western countries which is good but not in Asian countries thus contributing to Asian weakness in survival instincts.

Go for more natural outdoor sports and advantage, you don’t need to go into the advantage and sports full time, just a one time experience will do if you can catch and remember the feeling, experience at the back of your hand and recall it easily. If not, put in some effort into it and experience what nature and what is required for success.

Entrepreneurship is all about independence, and it come from freedom, breaking away from parents, care and protection and standing alone by yourself beating the odds and be the champion.

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February-24-10

Adaptation

posted by ryan

Adaptation is the evolutionary process whereby a population makes chances to become better suited for to its habitat. It is a process rather than physical changes, even if there is; it takes generations to gradually change.

It is required and important for any living thing’s survival which includes you and I who is working hard to brining the bread home to fill our stomach and than our desire for those entrepreneur individuals who seek success.

It is the ability to identify weakness, make slight or drastic changes if it’s life threatening for survival. Only when we adapt to change, than can we improve, and achieve better results than our seniors and people who have done it earlier than us.

Like Olympic swimming, the swim suit is becoming more of the technology dope to replace the drug doping which will result in disqualification for competitors.

We must adapt to new chances, embracing new habits and behaviors, thoughts which is beneficial and throw away what is not in our mind.

A perfect example of adaptation is Apple company, who embrace the technology chance and adapts perfectly that allows iPhone to have the second largest market share with a global presence, following closely behind Nokia who is one of the pioneers in telephones, with the risk of getting obsolete if they don’t make any changes.

Change for the better, not for the worse. Keep updated with chances, but if you don’t like to stay updated, than going property which is nearly technology bullet proof and is the one method which created billionaires in the Forbes ranking.

“Change We Can Believe In” – US President Barack Obama, Nobel Prize Winner

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