Ryan Ho's Entrepreneurship Blog

Blogging on topics revolving around entrepreneurship.

April-4-10

Line

posted by ryan

Line is an indication of demarcation, boundary, limit; often said to the fine line between right and wrong. In business and in law under the justification system, a clear line is drawn and spelled out clearly between the legal and illegal business or law practice.

Smarter individuals and businesses will than engage professional help such as lawyers and accountants to get into the hidden line of spectrum, the grey boundary which is similar to science, the colour spectrum of light and how it compromise of many various different light rays.

It is clear that in business and under law, it is easily to spell out what is right and wrong thanks to the terms and conditions with agreements to follow whatever considerations that has being discussed and agreed before any contract has being signed. But it is not always the same as for relationships especially when it comes to emotional relationships which has no right or wrong, neither is there any laws in any country to date that governs this emotional relationship in particular.

What every country can only do is to spell out laws which concerns business, money when relationships failed over partnership or when things get messy and out of hand.

Ladies often said men are playboys, which I as a guy can only agree but only partially agreement. But with time and exposure to books, television shows, and the ability to understand and comprehend in depth conflicts of relationships and emotions plus the link between these two, there is only one conclusion at the end of the topic. And that is; people often draw lines and follow the lines, rules set by it within the boundaries, people who cross the line and mostly it is the guys who does that, thus giving the blanket impression that ‘all guys are natural playboys’ in some ladies regardless of age.

Guys in the past change girlfriends like nothing, giving ladies the impression of being a playboy, but after years of thinking, and understanding from different perspective, guys change girlfriends only when their other half step beyond the line and try to have more control over something which results in arguments and unhappiness leading to break-ups which also happens in ladies breaking up with guys too for similar reasons.

Now-a-days, the line is further being blurred and more towards the grey area with the media coverage of skimpy, revealing clothes and designs which give the young minds a wrong education over the television, fashion fads and trends and even within individuals be it at work, play or home.

The boundary is no longer clear, emotion, love and sex are mixed up in the young minds which leads to more problems than what ordinary people can handle which is why nationals and politicians are having headaches over marriage issues, abortion, pregnancy issues in many countries across the globe.

To solve the global problem, there is a simple solution to the problem. List out and define your own line, limitations, principles and follow whatever rules, terms and conditions which you have set to eliminate all these potential problems which will surface without clear rules implement order in place to keep it well oiled like a smooth running machine that never breaks down or jams up.

Always draw and distinguish a clear line to eradicate all potential problems even before they have any slightest chance of growth in our mind or heart whichever way you like it.

Line is what sets the huge gap between poverty or wealthy, rich or poor.

If you want to say good-bye to poverty, welcome wealth and riches, than start defining your own line(s).

Popularity: 1% [?]

March-3-10

Law

posted by ryan

Law is a system of rules put in placed and enforced through a set of institutions.

It is the principles and regulations established in a community by some authority and applicable to its people, whether in the form of legislation, or of custom and policies, recognized and enforced by judicial decision.

With the rules in place, it helps to help people, business in place to deter them from administering any harmful or deceptive actions resulting in losses.

It is a intelligent system to control and maintain order. At home, school, work or in business, there are always rules and regulations to follow, depending on the seriousness, basic rules will be set for home and school for basic needs whereas at work and business, laws are usually used to control, reduce and prevent theft of confidential business secrets, recipes and fraud charges against both employees and employers keeping the interest of the business in place where profits is the key.

It reflects the way which we want to live our lives. With the help of law, it maintains the social order of how we live our lives, similarly likewise in nature; there are both predators and preys who also follow the natural survival instincts to prey and eat just enough and protecting themselves too.

If we want to survive, we need to learn the rules of engagement, in business, there are such rules which are not written in any books except for the one book which I have mentioned previously in earlier blog entries.

Everything in the world is about rules or laws whichever way you call it. Follow the rules and practice and you will be fine to live a long shelf life like products manufactured from factories. Just follow the standard practice and nothing will go wrong. Add and try being innovative and you risk putting yourself at risk and health complications, reducing your own life span.

Example: Man likes to be unique, such as having tattoos, piercing; playing punk act like gangsters only to flee at the sight of police, doing things that the society just rejects which includes smoking, gambling, drugs consumption, raping, prostitution and many others, all of which falls into the grey area and can be a double edge sword if used correctly.

Law is used everywhere and anywhere like a net casted all over covering all the way from the sky to the land and even the seas. 法律以经捕下了天罗地网,就算你是天之骄子也难逃法网,想逃也逃不掉。No matter where you go, you have to learn rules of the community and environment which you are engaging yourself into, and do so to survive, not to commit suicide like the robbers, scammers, who thinks they can outsmart the law but they are in fact just denying and tricking themselves that it is possible, but few years down the road, they will still end up being caught, if that is so, why still even bother to try their luck?

Instead of testing the system, why not ride on the system like a surfer surfing the waves like a champion, if you can’t beat them, join them. Don’t believe it, you better do. Simply said, just try swimming against a huge wave and see what happens. Perhaps that hard reality might knock some sense into those silly individuals.

Popularity: 1% [?]

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.

Popularity: 1% [?]

December-29-09

Mind the Poor

posted by ryan

Thanks to the book “Why we want you to be Rich” from Donald J.Trump and Robert T. Kiyosaki, it has help me cleared most if not all of the blocks, riddles and reasons why becoming rich is no longer a want but a need to do so. In fact it is such a strong need that most countries ought to do so. If you want to know and find out reasons why you should be rich, either buy or borrow this book to read.

At page 248 of the book, there’s a section which talks about living below your means or expand your means. Most of the poor people would choice the former as the latter is out of the question to them having little to zero financial education. The latter will than be chosen by people who aspire to be rich one day if not are people who desire to be even richer.

While it’s true that rich people can also live in a simple lifestyle below their means but it comes with a heavy price tag to be able to buy a land, grow the plants, vegetables and be self-sufficient but in Singapore and land scarce nation, it’s nearly impossible already except for the existing kampongs which both government and developers have no say in, rejecting their offer to sell their land which has at least the size of few soccer field big.

Left with no choice than, the poor has to bow down to fate and the destiny that awaits them for being poor – no choices and living below their means, one standing phrase among all the poor minds’ are “Study hard, get a job, work hard and save your money for rainy days.”

I’m so sick and tired of such words, like wise for the majority of the people who took up MLM hoping to change their destiny, but it somehow seems far reach as most sales distributors are still dreams and not entrepreneurs themselves.

The poor mind works simple, they seek only not to lose, and not to gain, just living each day to the bare minimal hoping to be able to fill their stomach and nothing more than that. The simpler thinking each poor mind has, the worst their lives will be having their savings slaughtered like pigs in the farms by banks, governments, insurance agents, and financial advisers.

Look at the banks; list me anybody who has went become a Millionaire by just purely savings – no one, the only people getting rich from banks are the top management people getting paid high salary for making wrong investments at times with our money and being directed the way to the exit.

Look at the government, poor investor mind sets, only squeezing the poor, ripping our hard earn savings, make and squeezing us dry like loan sharks just that they do so legally by law due to lack of financial education. Which is why global educational institutions and governments do not and will never ever encourage people to take up financial sectors instead hire only people who chose the path themselves.

Government people are poor individuals with only knowledge in politics and academically smart yet holding high paying jobs making costly mistakes sucking us dry yet playing with trillions worth of money from respective nation’s citizens’ savings. Making a few mistakes with millions, and at times billions worth of mistakes does not warrant their immediate resignation due to primarily lack of politicians so they are free to make costly mistakes with our hard savings yet the poor can’t complain nor do anything because they don’t even know that government are not helping them at all.

Here comes the best part – insurance agents and financial advisors – they are the group of ‘trusted agents’ with nothing more than a paper qualification getting paid for each policy and financial package signed under them. With no prior experience of investments, they are just copycats, following the leader who tells them what to invest in, what to look out for etc. In short, they are not trained nor taught to help us get rich. They get rich by simply selling your paper services that help themselves get rich. Is this the world that you want to be in getting squeezed by those ill-trained advisers in different fields?

Quoting from a phrase said by Robert in the same book page 119 “Wall Street is the only place that people drive in a Rolls Royce to take advice from people who ride the subway.” This is truth that even a rich nation like US is taking advices from the wrong advisers, so what will become of the future in terms of dollars and cents? Do you want your money to be managed by ill-trained financial advisers or would you like them to be place in trusted people in the hands of entrepreneurs who knows the secrets of doubling if not helping you with increase your wealth?

To get rich, it’s as simple as knowing who to place your trusts in with your hard earn money. I have identified five mentors (in property, financial, and businesses) who will help me increase my wealth but first I got to proof my own worth first. While I have identified my own future mentors who will assist me, have you found yours yet? If your answer is no, I suggest you read this book “Why we want you to be RICH” It’s available at National Libraries in Singapore which can be loaned for free.

Popularity: 1% [?]