Ryan Ho's Entrepreneurship Blog

I believe majority of the successful individuals out there are always looking for the checklist and formula but over the years, i realize from over the years of searching for the answer, it is actually very simple, yet most people would avoid it at all cost. There are just some times when you give it your best but still fail to meet the grade.

To succeed, is to first learn to fail, not only faster, but numerous more times than what the majority have not gone.

By doing so, it is actually doing ourselves a service, to take a shortcut and fast-forward towards success, and avoid banging into the same walls and repeat the mistakes which new business owners, and start-ups will face.

Failures is the success package that is only being wrapped up with newspapers instead of beautiful gift wrapping paper.

Success with failures alone is not sufficient, the individual must be able to learn, reflect, and ensure there’s no repeat of the same mistakes, thus increasing the probability of success.

You’ll need to have quality gift being as the main ingredient that will guarantee your success, that is experience, and an eagle’s eye for details. The ability to identify potential trouble makers even before they show any signs by simply testing them, and making observations.

There are a few list of factors that which I’ve realized that success really does require third party or external help in order to process the gift to be of value to be appreciated by the recipient.

The help is not physical help, but rather in a form of experience, exposure, being placed in a difficult situation, and building a portfolio leveraging on a stronger brand initially until the personal branding and reputation is recognized by the related industry players before coming out on your own.

As i gradually am being tasked to help the company filter and identify quality service providers to increase the efficiency of the business, I realized something that I never once know nor even read in any books, but did watch and picked up in movies.

“It is not who you are that matters, it is who you represents that matters!”

By representing the business, the trust, creditability and financial ability are than being placed on the business representative, thus a nobody can instantly become a somebody due to a company employed individual, than when the company’s name is mentioned, the trust is immediately shifted to me, the representative, than a person becomes of value.

That is something that will never happen in a hardcore one-man-show type of entrepreneur example, and they will take a longer time to succeed, as they build on the trust, reputation from nothing.

It takes at least three to five years to build and grow reputation for a already successful business to be even successful, whereas it takes close to ten years for a individual to be successful, as a person build everything up from nothing.

Learning to leverage on a strong company with proper branding, credentials is an important skill, you don’t need to work for the business to leverage as joint venture or having them as your client works equally well if not better. So if you have nothing, start finding a company whom will offer you that positive leverage.

Exposure to more competitive market, under pressure to deliver results, combined with limited resources will really stretch an individual in a positive way towards success. Something that I currently am being placed in such a situation, or risk losing the job confirmation, at least that’s the way i am reading the danger signs from the instructions given to me to carry out the work.

Being exposed to competition is similar to the process of creating a gem, that requires high pressure in confined space to create a raw gem stone, following which, requires precise polishing that requires a skilled and trained individual to do so.

Limited resources forces a person to put on their thinking cap, thinking out of the box, and use any closest possible solution to address the problem first. During this process, it is a gradual appreciation and change in the way individuals do things, in terms of principles and perspective change towards the better and gets a person to see things from another perspective and get their brain run faster than ever.

With exposure to different landscape and business practices to meet expectations and delivery dates, it forces a person to level up and change gear to move faster or risk elimination. This is something that being a self-employed one-man-show entrepreneur, can never experience due to no competition except for themselves and against the naysayers hoping that they will fail faster so all their friends can celebrate failure together.

Being thrown in different situations will really help shape a person, their experience to be a better person and an informed decision maker. It is required to create the gift to be of value in order to be appreciated. This gift is what most if not all people will admit without any disagreements and that is experience, as it helps provide them from harm’s way.

There are both positive and negative experience, to be successful, it means to learn how to convert every single negative experience and failure in a positive learning experience to face the same problems at attempt to fix the issues at it’s root cause instead of running and avoiding it. That’s the ultimate difference in the successful and the failures.

Failure is not a option. it is a necessity before you can succeed.

Exposure, experience with the proper leverage under pressure with no alternative choice will help propel oneself or a business towards success.

When you feel helpless, than will you grow faster at the next opportunity to grow, thus learning to real truth to make full use of any opportunity that comes to us, thus the success succeed because they understand this perfectly and capitalize on it better then their competitors.

Cherish what you have and milk every single drop out of it.

In a nut-shell: The only competitive advantage a successful business have over their competitors is to be one-step faster than their competitors.

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Multi-tasking is the ability to carry out more than a task at the same time. Often it means doing two to three tasks at the same time.

It not only saves time, increase efficiency and productivity and help businesses reduce cost such as hiring more employees with the work load.

Man are very good at multi-tasking, in fact we do it so well these days that we forget that we are even doing it and it’s already an basic instinct in some of the people.

People created computers as a tool for additional multi-tasking to help with communication, calculations, presentations, entertainment etc. Technology is the leverage that man has created to do multiple multi-tasking at the same time.

A frequent example will be using msn or facebook messenger with conversion whereby you can talk to many individuals at the same location right in front of your computer without having to move or use additional equipments.

These days’ performers and celebrity artists are also multi-tasking to for commercial and financial reasons.  Look at the past, do singers dance generally back in the old days? No they don’t, in fact they just depend on purely singing skills to whoa the audience and the crowd.

These days, singers not only have to sing, they have to dance, and come up with creative and interesting dance moves that will whoa the audience. The focus have shifted that these days, the singers are no longer like singers of the past, their singing skills aren’t as good as their seniors from the past.

In the past, singers can sing none stop because they have master the skill of breathing while singing, thus they will never ever go breathless, but listen closely and attentively to singers, even popular singers these days in live concert; they lack the basic skill of breathing control. With multi-tasking they have already ignored and thrown away the basic fundamentals required of a singer, and they focus only on packaging, while editing the breathlessness away in albums with the help of technology.

Multi-tasking is a good habit, but don’t let it become your obstacle and ignore the core basic fundamental skills.

Focus is the key.

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Endorsement is a agreement either between two individuals or between a company and an individual with celebrity-liked status with creditability, trust and reputation. He/she can be either an media artist, model or athlete and others.

Endorsement is just a simple business strategy which allows the company and business to leverage on the celebrity’s reputation and the trust which they have built with us through different Medias inclusive of their own effort and hard-work over the years. It is the act of getting paid to endorse products and that doesn’t mean the celebrity endorsing the product have to use the product himself/herself when endorsement agreements are carried out as long as the agreement of a highly remunerative compensation in return for the celebrity to endorse a product.

Celebrity endorsements can be taken likely with a pinch of salt because when the celebrity himself/herself don’t even use the product or is unable to use the product and services because of specific gender targeting, than the endorsement may create a curiosity among the customers and the public which is another strategy which businesses often do depending on the market they want to penetrate into.

The most recent case is Ris Low endorsing a condom brand – Zander Asia who is the distributor of the condom as reported in Channel News Asia. She has said in a morning live interview that she endorse the product condom purely because it promotes a healthy image, which most of us will agree, other queries or doubts with regards to this endorsement, lets leave it to you to discuss and think about it.

Business endorsement is another story and a completely different ball-game in this same aspect. When a business endorses a product or service, the firm is entrusting their reputation, creditability on the line for any business endorsements.

If in the event should a endorsement products or services failed to satisfy the customers’ needs and failed in delivering the promise, the business that’s endorses the product and services will instantly overnight facing huge business loses which will definitely implicate other business endorsement they have a hand into even if they are not related together with the company that pay the business for the endorsement deal together down in times of trouble.

An perfect example is Tiger Woods after the sex scandal for sex addiction and most brands has since removed him and terminated the endorsement contract with him. More details in Time website.

With such heavy risks, that is why not many, in fact only a handful of businesses out there are willing to put the business brand and reputation to endorse their products and services. The most successful business endorsement is Trump which belongs to Donald J.Trump a billionaire property investor.

The next time you decide to buy any products or services with endorsements, find out if there is any ambassador who took up the endorsement and if he/she is a businessmen/women or it’s a firm that’s endorsement the products and services.

If you find any businessmen especially successful ones personally endorsing any company, products or services, than don’t even think about it and jump right in joining them to earn wealth together if there’s ever an opportunity to work together with them. Businessmen access and do their own investigation for months first before any commitment etc so if they are happy with the results which risking their business reputation which could tarnish and collapse over night due to a silly mistake, they will jolly well make sure that this doesn’t happens.

Make the right choice in purchasing opportunity, products or services from businessmen endorsements rather than celebrity endorsements. Be smart, save money, and time and grab whatever opportunity that comes your way.

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Connections are a term which has similar meanings with networking and are words both used in businesses.

In business, when businessmen go around the social hall mingling around, they are networking, introducing each other, getting to know one another and creating a strong network of people to ensure a smoother transition into areas which may require each other help in future.

Connections is a word which holds a stronger meaning to just networking. It is the bond that holds individuals together with trust and equals to meeting up, hanging around on a regular basis, thus being connected with wealthy individuals’ in particular successful millionaires as mentors, who also are connected to stronger multi-millionaires are essential.

People with lots of connections are the people who will be able to help you extend your wealth, the convenience the wealthy influential multi-millionaires have as compared to average income earners on the streets.

To be successful, in MLM, most people depend on the bridge to bridge the gap between a employee with Just Over Broke (J.O.B) situation to a adviser also known as a presenter who will be the connector in between the two strangers who knows you.

In business, connections is mostly all that is to it to success, wealthy people are connected, like what is being mention in the book “What Men don’t tell Women about Business” completely illustrates the point of connection among the super wealthy individuals who are traditional successful businessmen.

How they select new partners to work with are simple, just ask around for views, even in front of the presence of the individual, he/she who’s the center of the discussion will not even know the hidden meaning there is to successful businessmen blacklisting that particular individual without them even knowing. That in turn gave me new insights to how real successful businessmen works in the traditional setting, read that book, understand what goes on behind every phrase and short conversions which will tell them all about respective individuals.

Remember, long conversation is crap, its quality short, straight and unsuspecting conversations which are understood by other the successful businessmen which is Alpha Males in the book.

Time is precious, required for negotiations which in turn reduce the sales price thus converting to saving money. Everyone has the same twenty-four hours, how you maximize the twenty-four hours of your day is a skill which we need to master and what better way to learn and leverage by joining millionaires and learn their language, understanding and perspective of viewing a business, individuals etc.

To learn the skills that make a successful millionaire, you need to get a connector who will connect you to millionaires, be their apprentice and learn whatever you can learn like a sponge, and leverage on their financial capabilities to jump-start your path to success with the right tools, environment, coaching and connectors.

As there’s a saying, if you can’t beat them, join them. Like wise, if you can’t devise your own strategy on how to become rich and wealthy to be a self-made millionaire, than first go and learn from a self-made millionaire than devise your own methods by which I mean model your method after the tested proven successful model than add in your own enhancers to make the method easier.

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