Ryan Ho's Entrepreneurship Blog

Blogging on topics revolving around entrepreneurship.

September-15-11

The Difficulty of Managing People

posted by ryan

People Management Image

Having worked in the company for nearly 6 weeks after tomorrow, some how I am starting to learn and appreciate the difficulty of managing people, and getting them to work as what they are being told to.

Telling people instructions is simple, but enforcing and ensuring that tasks are being executed is another thing.

As I gradually starting to get used to real adult working life as a employee, observing my colleagues and superiors on the way they handle people, how they approach tasks and get the message across is another thing.

It takes a lot of work to learn to handle different people, and talk to them, ask them to get the work done based on the style they like it, and not the style others wants them to work, is what I really noticed.

Employees don’t change, but as senior employees, sometimes they will change, I was lucky to have another colleague who’s more senior than my superior and has her ways of handling everybody else within the company. Observing and communicating with her helps in many ways.

First, I get my questions answered.

Second, she helps explain her personal humble perspective, as well as what the company perspective.

Third, seeking her help is somehow different from other colleagues and even superiors from all my past employments. Her approach of bringing forward a subject is soft, yet firm without putting the other person on the offensive side, with a slight feeling of joking manner. The first person that i actually learn on how to better communicate with people in future.

There’s actually a argument in the office this morning, between a full-timer and a part-timer, and the best part is, both of these two guys approach that senior colleague (not age, but her experience staying with the company)  didn’t not managed to put out the fire over disputes of using computers as their work are being stopped without the use of particular computer with the specific software inside.

When my superior walked in, he went straight to his office but came out when their argument was heating up with increasingly louder voice and told both of the guys off, and successfully put out the flames. I don’t know what happened if any solution was being found or did both compromise by sharing computer..but ya..

If I didn’t remember wrongly the phrase should be something like “I don’t know what’s happening… but if you both want to quarrel, go outside the office to quarrel” in a firm voice and walk off back to his office, than the quarrel stopped and magically there was peace.

That argument thought gave me a valuable lesson, in times like such, just remind them their position and that they are actually working than they will automatically snap out of the mess.

The other thing about managing people is handling new employees like me being new, my superior did something similar like my previous employer by letting me have a free hand at doing things the way I like it..but after the first month, when results are not up to expectations, than comes the communication to talk about the issue and priority from the company’s perspective in delivering results.

It is only after frequent exchange in understanding from the business perspective that I made adjustments of standard internet marketing steps and procedures to bend to the business needs in getting the job done so that the business, my superior and me gets what we want ultimately.

With my superior representing the company’s investors as well as himself as a superior, open discussion without the face to face confrontation sitting arrangement, sidewards helps a long, that is helpful and good planning in keeping the company office conference room small, thus reducing the possibility of face to face which automatically puts individual’s defensive barrier up.

There’s still a long way to go, and I’m continuously learning and absorbing anything and everything that i can learn. Had it not for my pre-conditioned entrepreneurial mindset via banging into the wall multiple times, and being cheated, mislead into scams, conversions and verbal agreement, i would not be the person I am today to learn and capture small little details into my mind instantly.  Paying tuition fee does helps, but it will only help you when you feel the pain and want to prevent it from happening ever again.

The key skill to success is actually not wealth management but people management. Money can buy nearly everything, but not the trust, mutual respect that ought to be earned, that’s why only the top Forbes business owners managed to grow the business as well as giving employees sufficient room to move around without feeling restrained with red tapes.

Popularity: 2% [?]

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.

Popularity: 1% [?]

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

Popularity: 1% [?]