Ryan Ho's Entrepreneurship Blog

Behind my thoughts and processes on becoming an entrepreneur

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.

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April-19-10

Ownership

posted by ryan

Ownership is having legal rights of procession; proprietorship. It is to have the exclusive rights and control over property.

It involves multiple rights, from title to intellectual property, distribution rights, translation, print, copy, duplication, recording, transmission in whole or in part in any retrieval system or in any other permission related to the use of a product or property.

Having ownership of a proprietorship is akin to winning and having a money tree bearing fruits of money and increasing the owner’s wealth with deeper pockets.

Example: Having a great story, can be translated into a book, animation, video, drama series and movie or be converted into other mediums of products for instance bookmarks, gifts, clothes, or any other product which can be sold for money.

The world is our limit, as long as we the owners put on our thinking cap, wealth, money and riches will find their own way and crawl onto the owners if you know how to market and generate profits from your own products, knowledge of expertise which is exclusively only available to you yourself only.

There are thousands of ways to get rich, have you found your own method to make it big? Going from rags to riches is a simple but uphill task which is not easy without proper guidance.

Are you having any exclusive knowledge, product or information or idea that could propel you forward towards getting rich? Do you have great ideas but yet are clueless on how to market your ideas nor have any strategy to safeguard your intellectual property to prevent other people from stealing it away from you?

If that is the situation you are in, speak to me and I might be able to offer some advice to you upon request.

Getting rich and be successful is not a lonely journey, in fact you will need business partners and companions who will assist you on the voyage to your destination. It is up to you to decide if you want to win alone or win as a team so as to celebrate success together and share the happiness at the top rather than being alone with no one else by your side to share your joy and happiness.

It is simple but it is not easy. Speak to somebody whom you can trust for advice. See you at the top.

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April-14-10

Secrets II

posted by ryan

Secrets are meant to be private and confidential, information, communication not mean to be known by competitors or by anybody outside the selected circle.

In “Water Colours Part 3 of 3” it showcased the last series of the wonders of marine life. It started with a new twist of colour introduction, fluorescent colour in the dark.

Under the elusive depths, where light is not within reach, creatures living in those depths also share the same language which marine animals in the shallow coral reef area uses, fluorescent light glowing from their skin, bones eyes etc.

Even more surprisingly was a shark card on record to be follow glowing with fluorescent light in the deep ocean with half a kilometer in depth.

To be able to glow in the dark is a colour language which being used in the marine life and are not limited to marine animals but also corals.

In different setting under different brightness and darkness, marine animals use colours to communicate. Other than colours, they also use touch and sounds for communication.

Beyond the fluorescent abilities, there are the UV rays of vision which only selected species of fishes and in particular smaller size of fishes and rays will have to be able to communicate. UV rays colour filters were used when recording the small coral reef fishes duck dive into the corals at the same time.

At that moment, all species of fishes recorded on camera were spotted to unanimously spot to have UV light flashing for a second before diving into the corals. That was a sign of danger when predators are approaching.

While I learn not as much knowledge from the previous two series, this last series tells me something about secrets, it is exclusive and only known to insiders within the circle sharing the common language, outsiders will never learn the secrets.

When I think and cross reference it to the super rich, its absolutely true, as the language they use at the top of the social class, is simple conversation language which poor people may already know, but it just gets more complex while super rich really uses simple communication tools. One of which I read from a book was casual chat in just one to two sentence that will seal the deal.

Another language which the super rich uses, I believe is network with cooperation for mutual benefit short, mid and long term in a single action which justifies why they are super rich, one single action reaping dual results as compared to the poor who benefit only once from that action.

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April-8-10

Language

posted by ryan

Language is a system of study for both encoding and decoding of information as communication process.

There are many different variations of languages, from pictorial diagrams, to words, calligraphy, verbal, visual, body and even natural weather predictions and even the use of symbols in some instances.

Man has multiple systems for information processes such as facial, visual, verbal, hearing, body and emotional communication plus breathing rhythm if in close body contact.

Animals on the other hand especially in the marine life have an extensive communication channel which is a common language in different species. It is similar to man having a common language such as English across the globe. Having watched “Water Colours Part 2 of 3”, with a new knowledge of how colour works.

While fishes cannot talk, they compensate it for their brilliant variety of colours. The colour as a language of communication is the same among all the reef animals in particular those animals that does cleaning.  The colourful display of colours and the ability to change colours is how marine animals in particular those living near the coral reefs and sea bed communicate with one another, colours is the language, used by shrimps, fishes, octopus, squids and rays.

Different body parts of colours serves different purposes, either for survival, sex or to allow other cleaners to clean off parasites from their body. Changing of colours represents the appreciation the cleaning services, and for acceptance of partner for the opposite sex during the mating season for fishes.

Colour changes also happens when the fishes are growing up, having completely different colour and body shape so as to remain completely different from the adult fishes to reduce the association and competition thus increasing their chances of survival living next to the adult fishes.

Man also communicates, but unlike the marine animals, we express ourselves more through body language and via sound. While we cannot change our colour, our body also grows more developed as we grow into adulthood, having either more muscular body for  or more curves which increases the sex appeal and attraction from the opposite gender.

Master the art of understanding language, the system of communication via different means so as to increase your chances of survival and to grow up stronger without putting yourself at risk as you grow.

Reduce risk and increase your odds of survival by mastering the language in different variations not limited to only speech.

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April-6-10

Responsibility

posted by ryan

Responsibility is an obligation that everybody has in different degree and duties.

It is be accountable, and be responsible for personal action by means of being reliable and dependable. It is the duty which every one of us has since birth. The complete opposite of responsibility is burden which all of us have as well.

There are numerous kinds of responsibilities entrusted to different individuals depending on their status, role and position. Social, moral, corporate, media, individual, professional, cabinet and ministerial responsibility is just some examples of the variations of responsibilities. I will write about the root of responsibility which boils down to individual responsibility.

Individual responsibility changes with time as we grow older and taking different roles and status depending on our personal development.

A duty of a baby to teenager is to grow up strong healthy and do their parents and family proud. The duty of a adult is to ensure that he/she in turn take care of their parents who help groomed them to who they are as an adult. As parents and grandparents, it is to ensure that their children grows up strong, independent with good grades to support themselves and their own newly formed family and also their parents and in-laws plus grandparents if financial ability permits them to do so.

In order to be accountable, and responsible for one’s actions, he/she must be given the right education knowledge and guidance to grow up into a fine example or as a role model.  While responsibility is a topic which no schools will talk and teach, it is what we learn as we grow, that helps us individuals understand the real definition of responsibility or each of their own duties and the roles they have play.

Experiences and knowledge help shape responsibility of an individual, given the wrong guidance, a child will learn about increasing burden than responsibility and increasing troubles and problems affecting the surrounding people slowing down their individual progress or growth in whatever areas.

Schools may be taught the word responsibility but it is only done on the very surface of that word without in depth studies on it as it varies from people to people thus it is largely learn based on experience.

Rich people have more areas to take note as compared to the poor people who in turn is dependent on people for help without helping themselves.

If you want to get rich, wealthy and successful, make sure you understand the real essence of being responsible which is further divided into two words which I have written above and that is to be reliable and dependable which sums up the whole of responsibility.

Have a clear understanding from anyway possible if you want to be rich and successful. The poor is getting poorer day by day due to the fact that they push away their individual responsibilities and make it a burden of their families and relatives thus they are poor.

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April-4-10

Secrets

posted by ryan

Secrets are confidential information which was not meant to be shared and be kept within the knowledge and circle among the parties involved only.

Everybody has secrets and it covers a lot of different areas be it health, business or relationship, depending on the impact in an event which should a secret leaks out, what impact of damage will it reflect on individuals, families and businesses thus in the higher middle income to rich and affluent families often have a price tag to every secrets.

How much secrets can a person keep, and how long did the secret last before leaking or is it always safe with the person? There are many factors which everybody can test and sound out on anybody to find a trustworthy person.

The ability to safeguard a secret is c direct and straightforward reflection of an individual on his or her integrity, honesty, creditability and reputation of himself/herself. The better you are at safeguard secrets, the more money and wealth you will receive at the end of the day.

Look at Tiger Woods, reports have mention that his inner circle of friends even help him cover out his scandal and offered to pay the ladies in some previous reports to keep it under the table and from the public media. On the other side, we have the ladies who cannot wait to spill the beans to a short term fame and money for their one-time income for selling their story to the media.

In business, especially secrets dealing with personal, business, the more you help them safeguard the secrets, the more you will benefit as well on a continuity basis which can be considered reciprocal and passive income source.

Before the fall of Tiger Woods scandal, the golf industry was seeing their business media attention and viewership increasing, shortly after the scandal broke free, golf related businesses and individual professional golfers experience a dip in their wallets and in the accounts for individuals and businesses.

The ladies on the other side could enjoy the benefits of being treated like a queen if they keep it under the tabs but they choose not to for unknown reasons which does not make logical sense to me, emotions got the better of them. Committing a suicidal step to their reputation and personal creditability, telling all others potential business partners and friends that “don’t ever let me know your secrets or you will see your reputation, effort and business go down the drain”, in short it is equivalent to telling them do not hire me if you identify me as a secret spiller.

By being a secret spiller, it has not long term benefits at all and it will follow that person till they rest in peace and in some instances, it brings and spills over to the next generation making live more difficult for their kids and family even after their dismissal. Refer to Adolf Hitler and Benard Madoff; read related articles and reports how they people do not want to be associated with such people. That is what I think and after reading lots of similar business related books which support certain parts of what I have written above.

Ladies always wanted to be treated equally, but do they really mean what they say? I’m not against women; in fact I’m supportive of ladies as a matter of fact, more towards women than to ladies for their supportive role and they mean what they say unlike ladies who are still not yet mentally mature and able to take up responsibilities for their own actions.

There are many ways to earn money and keeping secrets is definitely one of the best ways to increase your own network, by being able to keep our own mouth zipped up.

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March-30-10

Upgrade

posted by ryan

Upgrade is a replacement of a product with a newer version of the same product. It is handed out as a reward for completed a task, an assignment, for a successful project.

With new upgrades, more features, user experience more benefits and cut down on time processes which may not have being possible without a new upgrade of product.

While everybody upgrades, there is one crucial element of upgrade process which majority of the people failed to upgrade which caused them to be caught up in a fix income range unable to increase or grow their income even if they change employment to a higher paying job, and they are still is unable to save money or save up enough capital for investments to grow their money.

In a product upgrading process; example a technology hardware; computer or notebook, for it to have better audio, visual graphics, faster batter performance and durability of power with longer use in battery mode, all these features requires upgrading of existing core supporting chips and processors inside the hardware so as to support a new upgraded product. Upgrading of chips and processors are the core backbone and what is required for a new graduated product to function well without breaking down halfway.

Without the backbone supporting the newly upgraded and enhanced products, there is no way a new product without core backbone upgrade will even work or last due to lack of primary support system. This is exactly the situation which I see not only in Singapore but all over the world, this is a global problem which needs to be addressed. This is the crux of the problem which it seems impossible to take the leap of faith and jump from rags to riches.

People who want to grow their wealth should first upgrade their own mind, throwing away counter-productive information stored inside their heads and replacing it with new information which will assist them in growing their money and wealth.

It is equivalent to trying to put a Formula One race car engine into a normal civilian car not meant for racing; the engine just doesn’t fit into the car body. Because of the vast difference in the support, tuning, size and many other parts needed to support a Formula One race car engine, a civilian car cannot support the engine nor can it even accommodate the engine, thus it will not even move forward.

It is the same in people. As we seek growth, we need mental growth and upgrades as well, without it, we will not be able to have the necessary skills to management finances, and property issues which will definitely help increase our money and wealth.

Look at lawyers, financial, insurance and property agents, they understand this fact, thus they went on to learn whatever is required to help them better managed their financial statements, accounts which will have a positive effect on their bill statement if done correctly.

It is precisely this issue with majority of the poor people that cause them themselves to be in the poor social class, the reluctance of self-upgrade, thinking that the rich always wants to trick them into believing what they think is evil.

In fact, to get rich, it is a necessity to be brainwashed inside out, but done correctly, you will be able to think and analyze stuffs like how I think right now. Read my previous blog entries and see the difference in how you and I think.

The difference in thinking and perspective is what determines a successful and a failure including some other factors. Get somebody to brainwash your mind positively, and it doesn’t even cost you a single penny, if you want to save money, just read and follow my blog for FREE POSITIVE BRAINWASHING of yourself.

You may be upgrading your own technology gadgets, home, but are you upgrading your own mental thoughts to better equip yourself with the abilities and knowledge to manage your own money and wealth? If you want to learn how, read my blog and ask questions.

Put on your thinking cap!!

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February-9-10

Savings

posted by ryan

Savings are the conservation of money, to save and conserve for a clause, example for a rainy rain.

Saving is a good habit but not necessarily a positive habit. Starting as young as kids, parents were taught to pass and impart the knowledge and importance of savings to their kids but not investment. Thus everyone across the globe knows the importance of savings but not investment.

The poor will impart the good habit of savings for a rainy day idea to their kids and they will save every single penny in their whole life without any changes to the knowledge that was imparted to the kids.

The wealthy will impart investment habit to their kids in different learning examples, coming up with games, learning lessons to increase their knowledge of doubling their start up capital to generate more income.

If there’s no external new knowledge being passed to the kids who are growing up in a savings mindset family, the future of the kids’ family will suffer, more unhappiness will follow, something which I realized long ago but it only stuck and was imprinted in my mind only today thus this blog entry.

As a kid, it’s good to save, so when they grow up, they have a starting pool of piggy bank to for investment into a business, but parents often just stop their financial education to their kids once they see that their kids are doing well, stopping halfway, without telling them the core idea and importance of savings.

Savings from young is to start accumulating a bucket of gold, than when the time is ripe, with sufficient funds, than their first bucket of gold should be used for investment purpose and must learn the steps to investment.

Parents failed to impart the knowledge of investment to their child solely because they neither lack the knowledge nor know-how to go about investment, thus in the adulthood stage, when poor mindset people start working, the problem of having a mindset savings snowballs into a bigger problem, creating lots of unhappiness and life living in misery.

Young kids can save, as they have not much items or gadgets which they need to buy, if proper discipline is being used and proper knowledge of financial management has being passed down to their kids.

Saving money as a teenager than starts to become a problem, with lots of temptations, peer pressure, and the fear of being bullied, left out/behind in a fashion savvy or technology updated group of peers. Teenagers will than experience more difficultly in saving any money.

Adulthood and beyond are the worse section and experience which a person will experience if he/she were to continue saving money and not learning the how-to to invest. Having seen different parents, family members, relatives (even those who are living a landed property) are saving as much as possible, making them look more like a cheapskate and not a thrifty person.

Cheapskate is one who will collect, take back small little free items from restaurants, hotels, air-planes when they either dine out if not are on a holiday vacation. Not willing to part with small money will not lead to big money which is needed in investment. The worse and unhealthy example of being a cheapskate is to wash those microwavable Tupperware after use to repeat use them. I’m concern about using them over again since it’s plastic and it chemicals will more or less leave some scent and taste with the food, plus health reasons.

Adults who are near if not already classified in the seniors age above fifty years old have even worse saving habits which are the cause of family unhappiness too, picking up redundant habits which only make matters worse than better thus elder folks are either unable to live happily with their children and grandchildren.

When grandparents’ saving ideology worsen and degrades into scrimping and squeezing every single possible cent out from any offer etc, now that is a saving behavior and mindset gone completely wrong and children can’t accept nor understand the changes thus they just move out.

Ugly saving ideas and behaviors such as plastic bags, starting form the aunties group all the way to grandmothers, whatever they do, wet market, super market, dinning in or out, plastic bags are the sure take item and they take lots of it. Taking back empty boxes, paper cardboards, newspapers etc, all back home to safe-keep in case there’s a need one day for the box which still can be used to store things.

When they pick up the items, to them it’s saving money, but without proper arrangement, it transform into a house full of junk items and the grandparents or aunties are super reluctant to throw away the items which are junk in our eyes. Those items can be recycled in recycling centers and even for profit but elders are ignorant, they don’t know, so to help get rid of their ‘junk’, we need to sort and tidy it, than sell it away, money pass to them so they will keep quiet.

Next time if somebody teaches you to save money, look and observe what saving practice do they use themselves?  If it is savings to scrimping, don’t even follow. If it is savings to investment than you stick to that person and learn it well.

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February-5-10

Foresight

posted by ryan

Foresight is the foreseeing into the future. With the relevant knowledge, linking up what events, society trends, lifestyle is heading towards in the form of trend and to look forward more by just a few years ahead of business rivals and competitors to gain the competitive advantage of manufacturing, producing gadgets which will whoa customers, cool geeky, sleek, information technology enthusiast will want to get their hands on.

Foresight need not decades of planning, it just requires two-three steps ahead of business competitors. Look at Apple co-founder, Steve Jobs one who revolutionalized the new era of computers, notebooks, and other electronic gadgets for maximum portability.

No longer is it a necessity to have a CPU (central processing unit), monitor and keyboard plus a mouse to make a complete set of operational computer. Now all it needs is a tablet, with touch-screen keyboard, monitor, CPU and even mouse all integrated into one single product which is an excellent idea for maximum portability, convenience for the consumers.

Giving what the customers wants, convenience, portable, cost efficient and productive and multiple functions for convenience and easy storage is exactly what information technology is all about.

From computers to notebooks to palm-top, MP3, MP4, PSP to 3G phones to iPhones. All those are just a natural progression of product cycle life. Innovation and foresight is so important that you can’t do without it. So observe what’s happening around you and who knows you will have a billion dollar idea which you can capitalize on when the time is ripe, with all the right ingredients, soil, elements, environment, farmer, water, right and timing.

Be at the right place at the right time and you will be the next winner. Opportunities are everywhere and anywhere, it solely depends on how you capitalize on your ideas for profit and how it benefits the people around you and the community.

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February-4-10

Skill

posted by ryan

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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