Ryan Ho's Entrepreneurship Blog

Blogging on topics revolving around entrepreneurship.

February-28-10

Pets

posted by ryan

Pets are animals which are kept by man for companionship. There are different kinds of animals being kept all over the world depending on the law of respective countries.

In Singapore, pets are limited to non-endangered or life threatening pets; example sharks and snakes are prohibited pets. The locals these days no longer treat and view pets like they do in the past.

Previously, dogs were bought for the intention of guarding a home, which has slowly being replaced by security devices and dogs have since lost its purpose and dog owners are increasing getting owned by the dogs rather than they own the dogs.

Look around the neighbourhood and observe those people who walk their dogs, some clean up their dog’s ass and use the tissue to wipe it, while others use the shopping cart which housewives used to push the pet dogs around instead of them walking.

The other thing is when pet owners walk their pet dogs, some owners will actually be lead by the pet dogs themselves and let the dogs lead the owner and that speaks one point, people are increasing getting used to be lead without the ability to lead and take charge of their own lives.

Rearing and breeding pets should be kept for companion purpose but not to keep them allowing them to climb over the owner’s head controlling the owners instead.

Choosing the right people to work with is important in business, so if you don’t know what you are looking for in a partner, start off by looking and observe how pet owners take their dogs out for a walk, it will give you a clearer picture of what you want and what you do not want. It will not give you all the criteria for choosing a partner, but at least it starts you off with some basic factors to look at.

It is about exercising your control and rights.

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February-27-10

Wager

posted by ryan

Wager is the act of placing a bet to risk and stake something of value on an uncertainty, example placing bets on soccer, basketball, wresting, casino games and many others.

It is not wrong to wager, in fact both the poor and the wealthy successful people wager on most of their valuables in exchange for something bigger better for a new improved lifestyle and increase comfort.

Like I previously mentioned in the other entry Gambling in the difference in how they view the loss on investments which is identical to looking at the rate of returns or investments also known as ROI, thus it is good to place a wager, but don’t use lots of your money, instead you should start with little or no money and there are tricks to doing so if you have successful businessmen as your friends, you will realize how they generate wealth with little or no money.

Like what I previously heard from a seminar speaker Wendy Kuek who was featured on Channel News Asia “The Million Makers” on how to make money. A question was asked why emphasis on making money with little or no money? Her response was, if you do not know how to make money with little or no money, what makes you think you can make money with lots of money?

Like wise the same idea is being written in Rich Dad Poor Dad, Think and Grow Rich and many other books. The idea is to double your money growing your money. It is like the growing a fruit tree. You don’t plant a fruit with the intention of only wanting to have grown another fruit out, instead when you plant a fruit tree, you expect the tree to grow an abundance of fruits which you can profit from and the same theory applies throughout the law of basic economics in business.

Place a bet on something only if you can control and tweet the situation in your favor, that is the difference between the poor and the wealthy successful people and they successful businessmen/women knows exactly this point.

If you want to place a bet, bet your wager on wealthy and successful businessmen who are willing to help you succeed.

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February-27-10

Gambling

posted by ryan

Gambling is the wagering of money or something of material value on an event or with an uncertain outcome with the primary intent of winning additional money and/or material goods. It is the play of any game of chance for money or other stakes and to take a chance on either a venture or risk towards success.  It can be any matter or thing involving risk or hazardous uncertainty.

By adopting gambling, it is to engage in a reckless or hazardous behavior and in the process of doing so, affecting their close family members and people living near them.

It is only today that I talked to my mom that I understand their thinking. They think that they are investing rather than gambling. Investing in a new hope on a daily basis, resetting their losses on investments with each new investment, purposely does not want to know and record how much they start to ‘invest’ in gambling activities.

The wealthy and successful businessmen will factor in their total losses on investments and proceed onto another business venture if the business is not doing well, but the poor does exactly opposite, ignoring their losses, keep pumping in money with the slightest hope of recouping their daily investments.

Gamblers are investing in the wrong area which leads them to poverty, it is the poor who are digging their own grave and adding more restrictive chains binding themselves to poverty instead of wealth and success.

Lottery, 4D, TOTO, horse racing and even casinos are the traps businesses set for their own company and business profits increasing their own wealth at the expense of the already poor people.

Gamblers often say “small bets will not matter much” but the issue is not placing a small bet, but to be completely blind to striking a balance in their own financial statements which requires basic accounting knowledge. It is like wanting to work to bring the bread home and striking a balance between family and work time. People who are addicted to gambling purposely blind themselves to greed and worship money rather than being hardworking to learn the tested proven ways to increase their own respective pot of own gold in terms of hard earned savings in hope for a decent retirement without worries.

Just look at the track record of winners from gambling history, is there anybody across the world who as being featured in the news to strike the jack-pot winning millions and is able to increase their pot of gold instead of gambling it away bits by bits? Are they able to increase their own wealth without any external help of professional successful businessmen, no gamblers to date since the day gambling was invented has made it possible?

The answer is obviously clear cut and straight forward, gambling will not make anybody rich, instead it is the gambling operators that are successful and wealthy from, it is a simple predator versus prey whereby the gambling operators set multiple traps within the gambling den and the casino with more chances of recouping their losses and highlight how much the highest ‘lucky’ winner has won to date to encourage gamblers to spend more.

Like business whereby nine out of ten businesses will fail ten years down the road, gambling is identical if not the results don’t need to take ten years, in fact just one year will see the results with nine out of ten gamblers losing money than profiting from gambling.

If you who is reading this article right now, agrees and wants to increase your chances of winnings with the factors you can control to reduce your risk of losses, contact me right now and I will show, lead and guide you on how to grow your money into wealth.

Popularity: 1% [?]

February-13-10

Push

posted by ryan

Push is a motion to move something in a specific way by exerting force or pressure. It is to press or urge to some action or course get complete a task. It is to put someone in a difficult situation because that person lack of something specified thus with a push or nudge into a competition, he/she will be forced to display that something specified with pressure to complete a task or assignment which the person previously think was impossible.

Push is a good behavior but pushing is not a good behavior. Push is a short motion, force or pressure exerted with the good intention of wanting to get something or someone improve and work harder beyond his or her comfort zone to scale greater heights. Pushing is a continuous motion to force the task to be done against a person’s will and will cause more unpleasant results than pleasant results.

To push on is a short first step to force a person into the first step into a task. If he or she doesn’t want to continue, no point wasting effort on somebody who is not willing to cooperate or upgrade themselves with the understanding of it for their own good.

Pushing is not a pleasant behavior, and will back fire at times. When a person shows signs of rejection, continuous forcing something on a reluctant person will cause unhappiness. It is like you’re entering a lions den, making the animals feeling uncomfortable with your presence than get rid of you even if you have good intention of trying to provide medication to the sick lion inside than which the other lions are protecting.

It is good to be push, but not to be pushed over allowing a bully to control and order anybody around as they wish pushing people to do what they don’t like.

Learn to push, but don’t start pushing.

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February-11-10

Help

posted by ryan

Help is the act of either giving or provide what is necessary to accomplish a task or a need, to render assistance to people who need it.

It also make life less difficult and reliving them off their illness, pain and sufferings.

Help is everywhere and anywhere. Are you the person who likes to help and advise people or are you one who only likes to receive help and assistance from others and never give back any?

Help is a two way thing. The more people you help, the more people will help you succeed. The more reluctance you show in refusing to help others, the same others will show to you.

Look at businessmen. They are setting up businesses, helping many people in different areas. By employing employees, they are helping the majority of the people to get paid if they are willing to work hard for the company, and in return they get money to bring bread and butter back home to the family.

By doing business, providing service and solutions to help solve business partners’ problems, they are helping others again, and in return they get money (profits) back in return.

By lending a hand in charity with money, they help people in extreme poverty get fed with food and basic supplies, they didn’t expect anything in return, but than others see it, than again they are helping themselves.

The return favor of helping comes back to the business in the form of recognition, branding and position which is goodwill, building a reputable brand for the country, individual or business, the more low-profile you are, the more happiness you will get and more rewards will come back to you.

Not everything comes back from helping in the form of money, but the values and reward to helpful people and businesses will end up with much more than what they offered.

When individuals and business do charity, they can reduce their tax for that year too from the government and more support from the leaders governing the countries with more benefits in future. There’s nothing to lose in helping but a lot more to gain.

Exercise caution when you offer and extend a helping hand. Never ever help any individual that refuse to accept your help and stretching out their hand. If they reject you, so be it, there are others who will gladly accept and appreciate your help.

Practice selectively helping, else you will be abused too. Example: You don’t go around helping people in the brink of bankruptcy when they didn’t learn their mistakes or lessons. The more you offer help, the more you’re digging your own grave to perish together with the people facing bankruptcy at the expense of your financial help.

You will not help people who don’ t share the same vision, goals as you (only applicable to businesses only). If you’re into philanthropy, than just do it as long as it is within your means and financial ability allows. Spending and spreading wealth wisely to those deserving of a chance to succeed and grow.

Do not help people who will turn their backs on you, a real life betrayal of unconditional help will be USA. They who believe in their religion believe in helping anyone and everyone, and the help they offered get abused in this case example.

USA trained Osama Bin Laden, who in turn became a real ring leader in terrorist who betrayed USA’s kind intentions, war breaking out among Iran, Iraq, and neighbouring countries suffer in some ways.

So select carefully and help, don’t help people who act like they need help but with hidden agenda that go against your vision, principles and directions which again leads me to entrepreneurship.

Choosing the right business partners, help people who accept your help and not people who only want to make use of your help, be selective and test their intentions if needed.  Choose the right business partner and your life plus wealth will be made much easier, choose and make the wrong choice or decision, and you have hell of a time like USA still trying to capture Osama Bin Laden who may still be hiding inside the mountains underground and in the caves etc.

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