Ryan Ho's Entrepreneurship Blog

Behind my thoughts and processes on becoming an entrepreneur

April-11-10

Obstacles

posted by ryan

Obstacles are things which obstruct the path and hinder a process. It stands in the way of the flow attempting to delay or block something from being done.

Depending on the position and size of the obstacle, it will carry different impact. An obstacle in the air path will result in a lack of air thus causing death, similar a blood clot is equally lethal. If it is just a wall of maze to position a person or animal in, it is non-lethal and will properly just result in time wastage with no significant impact or life threatening situation.

As I was trying to do product creation during these few weeks upon long dragging, when I have started writing it, obstacles just keeps on coming, excuses find their way up to me, I find myself just not in a conducive environment which gives me so many disruptions.

Enough of the grumbling, at the end of the day, I know all these written are just excuses which I created and tell myself to give myself more reasons not to do product creation making myself only poorer than I already am, plus dragging me away further from my goals.

I am not sure how long I will overcome all this nonsense in my mind despite going through so many excellent training, coaching and mentors, but I will find my way.

After all, I want to move out of my current environment, and free myself from all liabilities either forced onto all males or those liabilities which I created myself. I will write them out..and sell the products for money to solve all my problems..

Product creation is the one and only way I have to work on. As I was writing, I realized something; obstacles are also part of the learning curve for success, without these difficulties, winning will not be a sweet victory worth celebrating.

People who succeed always celebrate, and the day will come when I pen down my books and sell them to my network of friends who needs the books which I am about to write to increase their sales, profit and business makeover.

The books will be a winner but ..Sigh..no buts..I’ll just have to slog things out, straighten my thoughts and kill all negative thoughts hindering me than doing me good at this point.

If you don’t want to be poor, seek your own course or path towards success, need a plan, feel free to ask me for free advice. If I can help in any way, do let me know.

As long as there’s a will, there’s a way.

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March-24-10

Selling

posted by ryan

Selling is the process of persuading someone to buy a product or service in exchange for a sale, commission and profit. It is done by a sales person who exchange the time in engaging a person in exchange for a single sale. This is usually done over the counter in shopping malls and centers.

Marketing on the other hand is the process of offering value and selling in bulk converting to more sales, profit and commission for the company and the salesperson and at the same time helping the client to save money. In order to generate that high sales volume, it boils down to relationship building, value creation and unique selling proposition of the products and services which a business or an individual can offer to a potential client who may turn out to be their potential joint venture partner in future.

Selling is a job, an employment; marketing is strictly business and nothing else. The income or salary between a salesperson and a marketeer commands a great difference. Business owners make lots of money, wealth because they are marketers themselves, as compared to sales people.

If you are reading this blog entry right now, and is thinking of becoming a marketer, you can either leave a comment or contact me directly from my site to have your questions answered.

You can learn all those skills but find a right coach as a mentor and advise you accordingly, don’t pay for people who are not marketers.

Learn to identify the difference between sellers and marketeers.

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February-20-10

Fellowship II

posted by ryan

Fellowship is the friendly companionship between friends, family and people and members in the same company, corporation or guild. It is the association of people having similar taste and interest who has form a group together.

It can also be based on a foundation for having awards and benefits for being in a corporation or guild working towards a common goal or purpose hand in hand together with helping one another.

There are two types of fellowship; one is purely for profits (money); the other one is for friendship and association and membership of a exclusive group.

Fellowship for money happens and forms when a group of like-minded people bond together, working hard to earn more money in the shortest period of time possible to satisfy their desire and needs thus they resort to fast quick methods etc which only makes them more busy without the time to enjoy their new hard earned money. Have money but no time to spend the money.

Fellowship for friendship is the one which everyone should be looking for. It is the building of alliance of respective individuals each with their entrepreneur business ideas working their own ways. In time to come, when individuals succeed, they who know each other previously and have help support one another in need, will become a force to be reckon with, building wealth, assets and lots of time to spare.

That is the secret to wealth and success, seek to form an alliance of like minded individuals, and encourage one another, so when companies are erected with each successful individuals, there’s more benefits to working together with trust that’s already built, and less time spend on unnecessary selling and negotiation about the details. Trust is the way and how things work. Abuse it once, and kiss goodbye to it forever.

If you have no idea what I’m talking about, read up this book on Starbucks, “Pour Your Heart Into It – How STARBUCKS Built A Company One Cup at a Time” by Howard Schultz and Dori Jones Yang.

Inside the book, it focus on getting to associate and know the right people to expand the business, some of which are partners whom they worked with together in the past.

Ask yourself what’s your passion, find and join a exclusive membership of an association of individuals each with their own vision but at the same time encouraging one another towards success.

The wealthy and successful people gets more wealth together with more time to spare while the poor gets more work load with less time to spare and it means to get busy and not time to spend the money he/she earn.

Do you want to be have both time and money (wealth) or do you want to have money but not time?

Pick either one of the above and work hard. Make the right choice, and choose a right mentor who can help you to succeed yet allowing you more time to increase your wealth by building more sources of income with one time effort, multiple times of profits.

“How you do anything is how you do everything” – T. Harv Eker

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February-20-10

Passion

posted by ryan

Passion is a powerful emotion, a feeling or desire, a strong or extravagant fondness and enthusiasm for something. It is the immersed emotion and enthusiasm that allows hobbies to stay alive and keep doing it without expecting anything in return.

Passion is a interest in whatever a person does, be it a job, hobby that he/she does for a living and is so enthusiastic about it that they do not mind working over time, not getting paid for doing what they love.

An example will be to be involved in a relationship, younger teenagers these days get into boy girl relationship for various reasons, of which most are due to immaturity in mindset together with their curiousness on how it feels like to be in one.

Boys go into relationship for pride and ego, not wanting to lose out to their peers, they just want to find a easy partner and do whatever they want with sweet talking a girl into the trap in some cases.

Girls get into relationship to be loved, to seek attention from her partner to compensate for her lack of attention and focus from both her parents.

Don’t believe me? Just look back and think about it. In the passed, boy-girl relationship only starts around sixteen to eighteen years of age for the earliest if not matchmaking for marriage purpose.

Teenagers are able to follow the natural genetics order of growing more mature than look for relationship because they get the attention, care plus love and concern from their parents back than when there was it was still possible for a family to depend on a sole bread winner to support the family.

These days, thanks to competition, both parents have to work hard, less family time together, lack of love, care and concern is the crucial factor leading to boy girl relationship. Just look around the students, those born and blessed with loving parents who pay attention to their kids will not have the need nor want to even get into a relationship because their body, the genes knows that it is not yet the time for romance. Its within everybody in our blood.

Passion can help us to succeed if applied correctly. Artist for example as an occupation is a great example for people to integrate both their passion and art work together as one, so they don’t mind the low pay and lack of exposure from local markets.

Once you identified your own passion, things will get done go smoother for you even if you face obstacles, it will be resolved in a matter of time often it goes away with a new idea that pops up in your mind.

I blog and hang around forums to discuss and share tips in those medias because I enjoy what I am doing without bothered for the returns. When you start giving, you will somehow receive back something, it does not need to be in monetary forms. It can be happiness, sense of satisfaction that just gets you moving and wanting to help more people.

Blogging initially was plainly for a replacement of their personal diary which started few years back, and soon it evolved into a fashion trend and evolved into technology with people jumping in without knowing why they even want to be part of it.

From blogging to micro-blogging with the introduction of Twitter, those doing blogging are considered out-dated. I don’t really care about it, because they are following the trend, exposing their personal lives daily activities to strangers, letting them know of their actions, throwing away their privacy rights which is silly.

Mirco-blogging just to get updated, it is more of a self-expression of our own thoughts than to be silly enough to post pictures, activities that will attract predators to prey on gullible individuals brushing with law.

Passion is the enthusiasm, not a fashion fad but a fashion trend which will go on and on with the right results. Bloggers who had the right thoughts about the origins of it, used blogging to start doing their own business and succeed, of which those featured in newspapers are single young mummies and its something which people should learn from.

Don’t follow others for wanting to be in the bandwagon of crowd not to be left behind. Instead why not think about how to brand and sell yourself? How you can profit from your passion, with the correct advice and guidance, everything is possible as long as you are willing to take a step forward and learn from people who has the related skills and ability to share with you.

Starbucks is so successful today because the CEO is so passionate about offering top quality coffee.

Donald J.Trump is so successful because he enjoys doing what he likes and that is to build properties just like his dad.

Bill Gates is successful because he made his vision into a reality with the help of his mom.

Facebook founder Mark Elliot Zuckerberg started the social media site as his Harvard controversy of the project which started purely just to keep in touch with his classmates.

If you want to be the next successful individual, find coaches and mentors who will guide you along by the hand. I’ve found my mentors, have you found yours yet?

If in doubt about yourself and your passion, fee free to contact me and I’ll get back to you shortly after. Either way, you can leave your comments just right below.

Find your passion and live your life without regrets.

Seek happiness in whatever you’re doing and not to be in misery doing what you detest most just for money.  Passion will lead you to wealth and successful with the right mentor coaching. Work will only lead you to a fraction of money.

Spot the difference identify your own passion and work towards it.

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February-15-10

Conduit

posted by ryan

Conduit is a natural passage way, a channel or a media to convey information.

We were born into a world full of various different passage ways. Each to different specialization in skills as employees and nothing with regards to path to be a successful entrepreneur or wealth that people dream of.

Whatever is a conduit in the world across the globe is just the natural passage way for people born into this world to become an employee, to work their guts hard, helping others but themselves get rich than wealthy.

To be wealthy and successful, don’t seek to follow the trail of a conduit built and walked by millions of people before you. Go hiking, draw and chart your own trail towards entrepreneurship with the right mentors and seek advice, coaching, and produce results.

Wealth is all about creation of assets, the more you own, the more assets in different forms will find their way to you. Wealth is not about chasing money; rather it is money chasing you with each new system you have build to allow it to start.

Getting rich is about you chasing money by working hard, and there is no possible for you to outrun and win against money. You have two legs, the money have four legs (corners) and can even fly in the air. So if you want to have wealth, find a system and learn the proven tested system to help you build your wealth.

Don’t chase after money. Let wealth chase you instead.

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February-2-10

New Year Resolution

posted by ryan

Chinese New Year is round the corner, and every Chinese are busy packing, throwing away unwanted furniture and other items, buying new household items and furniture to refurbish their home giving it a new look.

This is a habit and a culture to do so which everybody feels great of to have new items around their home giving the home a new life etc, but as we change our environment, have we ever tried changing and accepting new ideas, knowledge and different thinking to embrace change and upgrade ourselves or are we stuck in the same old place.

If we are stuck, how to get out, no matter what we do in a stuck position, no matter what we do to ourselves outside will never be able to change what’s happening inside our brain which translate to how much we earn, how we educate ourselves, our kids (for people who have kids) and even talking to our parents etc.

Grandfather, grandmother are picking up skills in community centers learning internet and technology years back already, they are willing to accept and add new knowledge and thinking into their brain, are you doing so? If you are against the idea, being left out, and stay happy being out-dated, that’s the end of everything, because people discuss and talk about how to enjoy themselves, catch what movies, how to make more money, what to wear, where to find unique fashion clothes, good discounts etc.

If you’re not progressing, than all the best, even a New Year can’t save you but if you are committed to making gradual changes to your personal life, thinking, you will find new happiness. Those who slog hard for the company are always putting on a black face helping companies to profit, but they aren’t helping themselves to profit and gain extra sources of wealth, and how receptive or unwilling they are to make changes, than that’s the life that they have to accept.

If you have yet to decide what your New Year resolution is, think of a proper one. If you aspire to be wealthy like a millionaire than find your ways to work with them, if you don’t know the contacts, works with me, I’ll connect you to them since they are my mentors.

Quoting from what I learn from my seniors last time:

“In a group of ten people including you, if you are hanging around with nine millionaires, even if you’re a beggar, it also will not affect your odds of success because you are making friends with millionaires and surrounded by them, you will one day be a millionaire like the nine other millionaires.

However if you are hanging in with nine other beggars, even if you have a millionaire mindset, strategies and concrete step by step methods to help you get there, but hanging around with nine beggars will only squander your wealth away in no time buying, paying and spending in indulging yourself and your friends. “

In short: If you want to be a millionaire, hang around and make friends with millionaires, not beggars who will not spur you on to be successful, instead they will drag you down to suffer with them.

I have made my New Year Resolution, and did just that to work with my mentor, have your made the right decision yet?

Lets see if next year will be a better year for you and I in a much wealthier situation than this year. Huat Ar!!

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January-27-10

Connection

posted by ryan

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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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.

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