Ryan Ho's Entrepreneurship Blog

Having worked in the company for nearly 6 weeks after tomorrow, some how I am starting to learn and appreciate the difficulty of managing people, and getting them to work as what they are being told to.

Telling people instructions is simple, but enforcing and ensuring that tasks are being executed is another thing.

As I gradually starting to get used to real adult working life as a employee, observing my colleagues and superiors on the way they handle people, how they approach tasks and get the message across is another thing.

It takes a lot of work to learn to handle different people, and talk to them, ask them to get the work done based on the style they like it, and not the style others wants them to work, is what I really noticed.

Employees don’t change, but as senior employees, sometimes they will change, I was lucky to have another colleague who’s more senior than my superior and has her ways of handling everybody else within the company. Observing and communicating with her helps in many ways.

First, I get my questions answered.

Second, she helps explain her personal humble perspective, as well as what the company perspective.

Third, seeking her help is somehow different from other colleagues and even superiors from all my past employments. Her approach of bringing forward a subject is soft, yet firm without putting the other person on the offensive side, with a slight feeling of joking manner. The first person that i actually learn on how to better communicate with people in future.

There’s actually a argument in the office this morning, between a full-timer and a part-timer, and the best part is, both of these two guys approach that senior colleague (not age, but her experience staying with the company)  didn’t not managed to put out the fire over disputes of using computers as their work are being stopped without the use of particular computer with the specific software inside.

When my superior walked in, he went straight to his office but came out when their argument was heating up with increasingly louder voice and told both of the guys off, and successfully put out the flames. I don’t know what happened if any solution was being found or did both compromise by sharing computer..but ya..

If I didn’t remember wrongly the phrase should be something like “I don’t know what’s happening… but if you both want to quarrel, go outside the office to quarrel” in a firm voice and walk off back to his office, than the quarrel stopped and magically there was peace.

That argument thought gave me a valuable lesson, in times like such, just remind them their position and that they are actually working than they will automatically snap out of the mess.

The other thing about managing people is handling new employees like me being new, my superior did something similar like my previous employer by letting me have a free hand at doing things the way I like it..but after the first month, when results are not up to expectations, than comes the communication to talk about the issue and priority from the company’s perspective in delivering results.

It is only after frequent exchange in understanding from the business perspective that I made adjustments of standard internet marketing steps and procedures to bend to the business needs in getting the job done so that the business, my superior and me gets what we want ultimately.

With my superior representing the company’s investors as well as himself as a superior, open discussion without the face to face confrontation sitting arrangement, sidewards helps a long, that is helpful and good planning in keeping the company office conference room small, thus reducing the possibility of face to face which automatically puts individual’s defensive barrier up.

There’s still a long way to go, and I’m continuously learning and absorbing anything and everything that i can learn. Had it not for my pre-conditioned entrepreneurial mindset via banging into the wall multiple times, and being cheated, mislead into scams, conversions and verbal agreement, i would not be the person I am today to learn and capture small little details into my mind instantly.  Paying tuition fee does helps, but it will only help you when you feel the pain and want to prevent it from happening ever again.

The key skill to success is actually not wealth management but people management. Money can buy nearly everything, but not the trust, mutual respect that ought to be earned, that’s why only the top Forbes business owners managed to grow the business as well as giving employees sufficient room to move around without feeling restrained with red tapes.

Popularity: 2% [?]

Wealth creation is actually very simple by just following step-by-step instructions, but it is never easily for a start as many people will tell you this.

Over my course of working, following my mentor, I was fortunate to witness the transformation and growth of how a profitable business help shape a millionaire. And from a millionaire, the rate of change at which the transformation was simply much faster than the climb up to the millionaire status.

The speed at which the business and the individual grows is minimally three times faster based on my humble one-sided observation.

What I have noticed during the process is that most people at the start of a journey is the most important step, without the correct mindset, 95 percent of the individuals will immediately drop out of the race after an effective period of 1 month.

Drop out reasons simply due to inability to do exactly as what they are told to do. In short- it is doing nothing.

Out of the remaining 5 percent, 3 percent will drop out after the third month. The last 2 percent, will have their success and failure confirmed after the 1st year of trying to do follow through what is taught and doing exactly as what they are told to do so. 1 percent out of the 2 percent will succeed either with profit or results, while the other 1 percent will again be eliminated due to failure to find their own compass, a direction whereby they know what to do, how to profit, and when to grow and multiply the profit accordingly.

Drop out reasons for the last 4 percent over the period of 1st year is simply due to greed, trying to follow and adopt multiple sources of income by signing up with more courses without even succeeding in any of the course yet and moving onto the next course, resulting in lost of focus, when there are many options for them to choose from.

The last 1 percent who made it pass the 1st year is than constantly tested and judged by on the ability to continue doing what they have being doing at least for a minimum period of 3 to 5 years without being losing focus.

What happens during the 2nd to the 5th year is the observation from potential investors, future business partners from far aside to judge if the person/entity is up to the standard of claiming to do what they peaches.

Consistency is being tested, ability to execute and deliver results is also being observed. Financial accounts of the state of both the individual (business owner), the entity as well as any employees and customers testimonials and reviews are being looked into and factored in as a consideration. Integrity, credentials, ability to defend and expand their own social sphere of influence are also being factored into.

It is only after the 5th year, that reputation has being established with deep roots (only applicable in the situation where financially sound entity).  During the 4th – 5th year, it is the networking, public relationship, bonding, and value, benefit exchange that is the focus, and being worked on, going to other businesses, helping each other grow, and sharing the money sources from the same pool of client database.

By sharing the money source, than are they able to tap onto each others database of qualified clients therefore increasing their sales closing by speaking to the right people with deep wallets.

Yes they do share their resources, as these type of qualified clients are more than willing to pay the following month, so that means the clients funds will never be exhausted. Unlike the poor where they keep all the secrets and money to themselves, thus their wealth can never out-grow that of a wealthy individual who has worked with other successful individuals.

In the absence of financial results, what’s left is respect with a strong aura surrounded with fear. For attempting to challenge a tested proven candidate will leave any newbies challengers worn out and reputation lost over their arrogance and inability to protect and proof their claims to validate with facts. (This comes not from theory but from actual experience of fending off a direct selling forum [under same user name for past 6 years] that i successfully eliminated every single one of the users who posted false, misleading, confusing information in attempt to source for leads.)

Now, even as i leave the forum to let newbies start their own threads without me posting inside the hard truth, leaving rooms for them to learn on their own, the other users are already smart and educated enough to even ignore the new threads knowingly that my thread is the only tested and proven source of information that they can trust with examples of facts to back my claims.

Moving on, and continuing on the 95% failure mentioned earlier, there are tons of reasons why the casualty rate is that high, due to the majority poor, but highly influence factor that clouds, and sway the shaky individual back to the tested to fail model of study hard and work hard model, only to complain later when they grow older “if only I had a choice back than” those type of excuse to save their pride and ego in front of the younger kids and like-minded friends.

The reason causing the extremely high failure has its roots deep rooted from birth, it’s part of our genes to copy, and indeed majority of all man-kind copied, copying the majority, seeing, listening, and doing exactly what they are doing. Thus the majority are poor, and the minority are rich, insanely rich based on the top 20 percent of the population of each respective countries.

To start generating wealth, first all of us have to break away from our genetic system, copying the majority, and start following the minority of individuals with tested proven successful model without even question nor even think. Just do as you are told first, get results than ask later, only when you start making money, than allocate a little portion out to test models that previously you wanted but rejected by your mentors and coaches, than will you thank them for rejecting you straight in the face.

The worst ever irony of wealth creation is that while successful millionaires share they secrets openly via workshops and seminars, the poor still think they are smarter and refuse to obey and follow the what is being told.

The rich’s rule is: Follow the money.

The poor’s rule is: Follow the crowd (majority). Thus most remain poor even if they are taught how to succeed. They failed mentally before even they started.

In a nut-shell: Always ask yourself this question when you are in doubt and denial of unable to move on towards doing a route less traveled.

That question is: Majority Rich or Minority Rich.

That answer will be the guide and financial compass to show you the route you should take.

Remember this take away: All of us have a choice to be either rich or poor and whom you listen to.

Popularity: 1% [?]

The question that always comes people’s mind is how do they rate the suitable amount to hire employees, talents, without appearing to be a over thrifty.

The question has being in my mind for many years ever since i learned the importance of money from working at the age of fifteen.

It is only just recently that I finally got to know the answer to my question.

Businesses always pays the lowest price whenever possible, yet it must be above competitive market rate in order to hire the most qualified talent.

I had the privilege of working in a big company yet with a small team and flexible team. Being able to work in the same office, knowing the other departments and get to know the chief executive officer (CEO) and hear the details, planning and the direction that the company is heading, it gives employees a clear cut answer to why they are getting more pay and not the employees.

This might come to many as common sense, but when it is only those who help the company to grow the business, increase revenue gets paid the most.

The rates in terms of wages are pegged against a few factors.

1. Academic qualification. In the absence of which, real results matters and only those individuals who can produce results commands the highest price tag.

2. Experience. It is this that not money can’t buy. In the process of interview, if the company does not have rooms for the headhunted talent to flex their muscles and skills, no matter how much can’t buy talents if they are not given the room to grow and deliver the expected results required of them, should their skills be challenged, nor questioned, than they will soon automatically take their leave.

3. Network. It is this that is most important, as businesses are built, created by people, and only the best connected person with vast positive networks on industry leaders that helps businesses bridge across the untapped boundaries of the unknown. That is how markets are being opened, by opening a new market with insider.

4. Profit sharing. This is what makes the difference between a employee versus a talent. Employees are paid a fix rate for a certain number of hours of physical non-revenue generative work, so even if they under perform, they still get paid, thus business will only .

Talents have additional income like profit sharing to put them on the same importance as one of the few very important people in the company. Only by allowing them a percentage of profit sharing, are they rewarded for performance in leading the business upwards and bring in more revenue.

Popularity: 1% [?]

The main difference that differentiate the rich from the poor is the way they handle  secrets.

The rich succeed as they know clearly and surely how to keep their lips sealed, and hold onto the confidential information that they know should not be shared or passed around even to their closest next of kin when profits, integrity, reputation is at stake.

By keeping the information to themselves, execute the instructions, get some results first before they filter and share the secret with only individuals who deserve to get a slice of the pie in exchange for something of similar if not better future prospects.

The key point here to note is, information exchange, helping each other to grow richer based on core expertise guidance in respective markets to grow their wealth both ways, thus creating multiple streams of income by letting the experts handle it, and does it without any questions nor doubts.

The poor continuous fail due to the very different approach of how they handle private details that should not be disclosed at any point nor to anybody. They trade in the information in exchange for fake friendship who are just like leaches sucking the blood and taking a free ride without any intention to provide any benefit to the provider.

When information is concerned, the less people knowing it, the better, so there’s more to earn, and the less hands it passed, the more accurate it is, as it reduce the changes of it being misinterpreted. When there are discussions, secrets turn into news, and soon after it becomes a gossip and turns into speculations, and eventually becomes a bet in a form of gambling. Without any form of proper knowledge of handling money, they than blame their inability to control money and push the blame onto the person giving the ‘secret’ to them, and asking them to compensate for their losses, and keep quiet if they do make a profit from their friends.

The difference that makes the poor poorer, is also due to diluted profit sharing, the more the share, the less they get. The more they share, wrong information get passed around, and it may affect the market patterns when it stocks market is concern. They refuse to return anything nor share any other profitable revenues in return, nor do they have anything to offer in return, thus they can never ever grow their money.

Money multiplies in the form of growth, it takes the correct first step to repeat the second step and grow the amount over time with due diligence and not negligence that cause greed, laziness to do homework and depend of quick tips and bet their whole fortune and pay a heavy price of loss and the bitter taste of failure.

The best part of secrecy is that until you earn the rights, it is extremely difficult if not impossible to succeed without any guidance. Start off by learning how to keep information secret to yourself first.

The most important point to note to succeed and make it big in life (shortest possible way) is to pay your way into the secrets. This is the identical strategy adopted by even large companies where they acquire smaller companies just so to get their hands on the trade secrets.

The thumb of rule to success are as follows:

If you got no money, earn it, than spend wisely.

If you got money, buy information and get others to work for you.

Popularity: 2% [?]

Employment to many people is like a thorn in the flesh, having to report to work, doing things that they do not enjoy, and that is exactly what is happening to majority of the people globally.

Only those who really enjoy their job, are able to out perform and work in areas beyond their designated job scopes, such gives them an edge not only in preparation for the vacancy when the time comes, but also gearing up oneself in terms of being prepared and not get caught off guard when the promotion is announced,  not knowing what to do, and fail to perform in the worse situation and get replaced shortly after.

There are a couple of reasons why being employed is actually better and it helps support not only a person but a family to have a better standard of living.

1: Having a fixed working hours allows the employee/individual to better plan and manage their time after working hours.

2: Being employed means there is a stable income, required as a criteria for an entrepreneur, where funds, capital and cash flow means everything to the business, without it, the business cannot even start, it is like a vehicle without any fuel.

3: By being employed, keeping our minds active, keeping updates to market changes, economic impacts on our lives, it keeps our minds vigilant, may help eliminate depression which actually started due to the patient having too much time to waste and end up thinking about imaginary harmful thoughts that are not beneficial to oneself but also affects their immediate family members having to take turns to look after the patient.

4: Be employed, gives us at least an helpful environment whereby we can identify potential friends, business partners to talk with. As they know what is happening, and so more likely they will understand, and have something in common to chat, this saves the trouble of finding soul-mates or buddies from complete strangers online who may have ill motives posing as a danger to ourselves.

5: A salary is not just helpful to a person, but it allows an individual to support a family and start a family on their own with proper financial planning.

6: It is strongly recommended for individuals who are clueless on their future prospects, at least by following the company’s foot-steps alining in the same direction, they can progress together with the company and earn higher salary if we prove our worth.

7: Certain companies may have excellent staff benefits that includes traveling package as a reward to employees for their hard work,  so this again helps singles who may want to go on a holiday but without any financial abilities to experience different countries, tourist attractions first before they determine if they want to come back again with their family and friends. All done so from company’s pocket, that’s market testing, an excellent way to save money.

8: During the process of employment, it prepares oneself for entrepreneurship from an employee’s perspective, so in future, should they really decide to go solo, they know what policies to implement, and what not to, so as to maintain a happy working environment that only helps the business to grow faster and recruit talented individuals who understand and value the importance of a happy conducive working environment is hard to come by, something like spotting a needle in the deep blue sea. (Nonetheless, it depends on respective individuals passion and interest for different job scopes)

9: It allows aspiring business owners to model after a proven tested working model and implement it in their new business if they existing company refuse to even listen to employees feedback. (The case of why business fail and employees turn competitors; actually it’s being forced to, as employees enjoy doing what they love, but are being denied the room for growth and experimentation, some business owners just don’t get it and they never will)

10: As employees, we are always exposed to many different types of people from all walks of live, and it helps in allowing us to learn and test different methods to deal with customers who may be a difficult client, which adds up to the value creation for both the business, and the employee in company and personal development.

If you are not employed, yet, start looking, but be very patient and keep on searching until you find the right environment that gives you the room for exploring and experimentation.

We can actually be successful by being an employee, but only if the environment is right with minimal office politics and helpful team members with open discussion practices.

If you are wondering why many businesses never grow bigger than they can or may even have failed, the best place to find answers will be in your employment where you learn from the company’s mistakes and make sure you do not repeat them in your own business in future by simply reducing the amount of complaints and unhappiness in the office. If you do not want to be a failure in life, be employed, at least you get to learn something and it may be helpful in the future.

Popularity: 3% [?]

Risk management is to identify, assess and prioritize risk (both positive and negative) followed by coordination of risk in keeping the damage to the lowest possible if it comes as negative, and maximizing opportunities should it be positive to the business or in any event or projects.

In business, there are a couple of ways where a business entity can minimize their business risk. Via modelling after what other industry best practices are doing. Below are a few time tested, proven by large multi national corporations all over the world, used by banks, financial, property and even politicians.

First: Diversification: Spread out the risk, and reduce your own entity’s or individual risk on your name. >> Financial bankers, consultants always recommend clients to buy multiple types of investment products, so that in the event should a particular market collapse, the client still have other positive markets not tied nor linked to the troublesome market, thus able to still collect positive returns on investments.

Second: Using other people’s money: Heavily used by property developers, business owners seeking investors, and franchise business model. This way, the individual has got no fear of failure, with such mindset, he/she will be able to concentrate on what works and profits the growth of the business, and big businesses really encourage such practice.

Third: Deal and transact with only low if not zero risk clients. That is why insurance companies make lots of money, and they reject non-healthy clients with pre-existing illness that will cause a dent in their profitability. Supported and strongly encouraged by government globally due to high taxes from such entities.

Fourth: Liability Protection: Every single profitable business in the world have their own respective terms and conditions, clauses for clients to agree first before engaging their services, so as to state clearly only certain type of risks will be taken responsible, and not for individual clients actions should they try to outsmart the system by taking actions in their own hands, and push responsibility to the business.

Fifth: Work with only well-behaved clients and business partners who would give them long term business and sales. Which is why businesses also have their own private black-listed clients and business contacts list, and they ask for feedback from each other, so as to protect themselves from any potential harm. Identical to the ideology of parents do not want their kids to be anywhere near if not hanging out with bad company.

Sixth: Identify a place, environment whereby you can repeatedly fail without worries that you can never ever stand on your feet again. So that when you fall down, you can still stand back on your feet, walk away without any serious injury. In other words, it means, learn to fail with only resources that you can afford to fail without putting yourself in deep trouble that will put you out of business permanently.

Cost of failure in internet allows individuals to fail anywhere from fifty to thousand times without any serious loss of financial expense. While real life physical business will hurt the owner in a single attempt if their pockets are not deep enough as it cost at least a quarter of a million to be considered having test and run a real business with an outlet and the proper tools, equipment, staffs and rental all factored in with other considerations too.

Seventh: Hire a expert, or consultant to monitor your trial and error process, so that you know what went wrong, and how to correct it, the last thing entrepreneurs want is to keep testing and get no results, no feedback, so even if they found a winning solution, but don’t know what is the formula to eliminate poor practice. Have the expert or consultant to sign a agreement not to copy or use your business secrets in anyway possible unless he works with you, so you know you are well protected and taken care of.

If you are in employment, it is considered one of the safest place whereby individuals can keep on failing without fear of losing their source of income, as they are still paid regularly.

If you are unemployed, allocate and set aside budget for your daily, and monthly expenses, than use remaining available savings, spread out over six months or a couple of years, divide the fund equally and start your business online, this way greatly reducing your expenses yet allowing you to cast a wider presence with the help of internet.

Popularity: 2% [?]

Difficulty is either the state or condition of being difficult. It is a task that requires commitment, concentration and determination in order to overcome the difficulty of completing a task dedicated to us from our superiors or parents with our interest at heart to grow up stronger, better even under pressure.

Nothing is easy in the world. even cooking, something that is so simple, but it is never easy, because starters often find it very difficult because of a few common mistakes of doing the wrong steps without proper techniques nor guidance thus they will either end up with cut fingers, if not burnt food when attempting to deep fry it, or end up with extremely salty food. Only those who learn the techniques from master chefs are able to come up with a pleasing dish to serve in a restaurant. Those who didn’t do a good job however still can sell, but they sell it cheaper, and to provide convenience to the customers rather than customers preferred choice, which differentiates between the good, average and bad.

Studying is just as difficult, only the top students will get the opportunities to choose the subjects they want to study and continue their education, whereas the average and below average students just take up any advance education that helps push them forward just not to be left behind, despite taking up a subject that he/she may not like.

Making money is the same, it is simple, as long as they learn the secret techniques, but majority choose not to, by working and doing it their own way, they work before they have to, not because they choose to. If making huge sums of money requires the same level of effort, commitment, perseverance as earning mere  sufficient money to meet daily requirement and fulfill basic needs, I see no difference in adding just a little bit more effort in learning how to earn huge amounts of money many times over the basic salary for a better living standards.

Even finding your other half is difficult, no, it is extremely difficult to find the ideal half, who will not have you regret your decision and end up in divorce few years later. It is easy to get married, but it is difficult to maintain a blissful, happy marriage till the end of life.

Sometimes, I can’t help but wonder, who are the really lazy people and who are the hardworking individuals.

95% of the people might think that hardworking individuals earn the most while lazy people earn the least, but the reality is completely reversed if you were to think about it carefully.

Rich people work so little, yet earn so much. (Laziness)

Poor people work so hard, work such long hours yet earn so little. (Hardworking)

Now ask yourself, how many times have you kept working and working, expecting to earn the same amount, restarting your efforts on a daily basis without compounding your efforts and earn more on a daily basis?

Actually work should be just like the way banks pay interest. If we know how to compound our work efforts, and multiply the results yet reducing the physical work require, that is real laziness, for lazy people are intelligent individuals, they use their brains, and not their body.

On the other hand, look at the poor employees, which I in the past used to be one, but is in the midst of conversion, slowly but surely. They work so hard, overwork, underpaid, complaint so little, yet earn so little.

The rich complaint about everything they don’t like, yet earn money from their complaints.

Perhaps this is the first time you even heard of this fact, but it is one way whereby the rich makes money, but complaining to the business owner, service provider that it isn’t up to their expected level of service standards, they get complimentary meals, lodging, gifts, and even free products.

Those really intelligent complain and make tons of money, from which by finding fault with some businesses, ensuring that only they have the instant solution, sell the solution to the business owner/operator and make a profit by helping other business prosper.

That’s the difference between positive and negative complaints.

Earning money is simple but it is never easy, as long as you know what techniques to use, you’ll get the hang of it in no time. Just get the basics right.

Everything that we do is in fact difficult, so if we are always facing difficulty, why not instead learn to be lazy instead of being hardworking? Think about it.

If you want to succeed, learn to start using your brains, so you can work hard and play hard. “You don’t need to be smart, you just need to hire people who are smarter than you. If you get it, great, if you don’t best of luck!”

If you want to fail, continue doing what you are doing without making any change to you daily routine of study hard, work hard.

If you want to fail faster, do nothing.

Everything in life are meant to be difficult, just so that the rewards are sweeter and justify the effort and commitment put in.

Popularity: 1% [?]

The pricing model is something that has always attracted my attention for many years ever since I know that I wanted to become my own boss.

Many people often question how and why are there so many expensive products, brands, businesses all over the world. Finally I have found the answer to that question. Although it took me minimally not less than five years.

Since the day I set my sights on becoming my own boss, I was learning anything and everything that i have access to, and luckily, my efforts paid off, not in monetary terms at least at the moment.

As I did my own project for testing and market study behavior over the past few years, sharing free knowledge of business secrets, insights and strategies, there seems to be of no value. Even when I help people to save money, by answering questions that sales agents will not want their prospects to know, I solved their queries at my own expense (in a forum filled with nothing but irresponsible agents), I was broke, only a word of thanks, and that’s only something that happens once in a blue moon.

Even in my own blog such as this one, while I expect nothing out of this, as i just took it like a test project, it did help me benefit one way or another in financial gain, but the contract has yet to be finalized, I’m still working on it. It isn’t the contents nor quality that I gain, but the popularity and the ranking in search engines that has returned me the favor in future potential returns that I will be capitalizing on.

So much for Free Stuffs. They don’t not work, nor do they benefit you financially, unless you have some other agenda, like why i blog, I got that results i wanted, and I’m happy with it.

Back to the subject proper, having talked about free stuff and the zero returns on investment, anybody who think they want to try out giving free stuffs, information should never ever think about it, if you do not have a way to monetize on your free stuffs, information or product that you are giving away for free. Think of a way to generate income/result from a thing before you offer free stuffs.

Now for the middle to expensive high end stuffs. With my few years of employment since fifteen until before i enlisted in national service, having served both low to middle high end clients, seen and somehow understand the reason and benefits of imposing high charges.

Businesses dealing with high value clients actually in fact have a easier time doing business, even as employees dealing with clients, they behave, react, and act way much better than the clients who I served at low end businesses, pay so little, yet expect everything more this, more that.

Than attempting my own projects, following closely and observing my mentor’s business growth and strategies, i managed to get it craved in my head, that it is better to serve high end clients than low end ones. Should you really have to serve the low end clients, think how you can serve more more clients while doing less work, and when you find that answer, you might be given promotion, as you help the business grow.

There are multiple profits and benefits as compared to offering to low end clients.

1. VIP Clients are appreciated, they make your work easier and happier.

2. VIP Clients knows the value of service and work stuffs and business owners put in thus charging higher price, so they do not complain even once as they value quality service in return for a pleasant and unforgettable experience.

3. By having higher fees, cheap-skates will automatically be barred due to financial reasons, thus greatly reducing the possibility of having any complaints who do not even know what is expected of them, the service, product quality they should be getting, and in most case, they always ask for more than what they are paying, so this cuts down lots of unnecessary trouble.

4. With high fees, personalizing, customization and providing first hand service experience to VIP clients gives the clients more time, and convenience to the business as well, as the high fees compensates for the lower numbers of clients at least for a few times so it justifies the financial accounts positively, and it helps grow the business too organically.

5. Both VIP clients and service stuffs are always appreciated by the business owners and operators thus given good treatment, and they might be their future business partners, investors thus there is a possibility of unexpected profits from joint ventures via the connections of the clients as well as the employees whom have delivered quality services, may end up being head-hunted by a VIP client to become their in-house trainer; which I did heard of it happening at least during my stay working in a five star hotel when I was still in the teenager age before enlistment.

6. Time & Profit matters: More time is spend on the event, clients and delighting the clients, so providing quality, which is the core of every single business, yet not many businesses (excluding the MNCs) actually follows this simple rule. Other small middle businesses just focus on sales, but not customer service, thus they never grow and always have the typical glass ceiling of profits that they cannot overcome no matter what methods they try.

7. Scarcity is something very important to the business, especially if you are one of the few people in the world who knows and are providing the services to businesses to help them grow their business, that way you can charge well above market rates, as there is not guide yet, as long as you can justify your price with savings and sales for the business. That’s the very core behind any pricing model.

A Happy Employee = A Happy Customer = A Returning Customer = A Happy Profitable Business

That’s what majority of the sales industry those still struggling failed to realized, yet they keep expanding compromising on the service delivery. If you want to earn more, and grow your business fast, make sure you pay your employees above market rates and treat them well, in order to keep them loyal to your business, very good example will be the bankers. Paid awfully huge amounts for quality service, unlike in the Food & Beverage industry, overworked, underpaid, and worse, unappreciated by the superiors. Even property, insurance industry cannot pay as well as banks do.

Popularity: 1% [?]

Stagnant is the commonly used to describe sluggish economy, water that does not have any activity, movement, still water that emits an unpleasant smell favorable for mosquitoes as breeding ground to harm people as they spread diseases such as dengue fever around.

It can also be used to describe people, thinking, thoughts, and even movement, something that is not developing, inactivity that brings nothing but harm. Even our body is growing, replacing old cells with new ones.

If our thoughts, brains remains inactive, it means that our thoughts are getting stagnant, emitting a odorless trouble that’s most people might not detect or will ignore it think it as relaxing, resting for insipritations.

A brain that doesn’t thinks creatively, helps solve problems, will only spell trouble and complicate things.

Look at the poor, how long have they majority of the poor like minded change their thoughts from the standard saying: Study hard, work hard? This saying has being circling around the poor people’s mind infesting our brains to the core that it is already rotten, to which they can only remain poor.

Look at the rich on the other hand, they continue to get rich, with new technology, trying, testing anything and everything on a daily, weekly, monthly, quarterly if not annual basis for better methods, formulas to improve their performance, results, efficiency and lower business operating expenses, while coming up with newer ways of growing their sales, profits in whatever way possible.

That is a fact that poor people have stagnant minds, brains that does not developed, even if they do, developing at a pace slower than first generation computer, while the rich people’s minds are constantly evolving like how fast the Microsoft and 3G Mobile phone applications are surfacing..at quite a fast speed..

To remain in motion, never be motionless, and get in pace with the fastest, if not faster group of people who are always on the move. Tagging behind such people gives you advantage over the rest who are not improving themselves for the better, thus they already complain of the same problem, money not enough, without thinking why they can never escape from this problem. It is chained to their brains already.

I only realized this few days back, when I kept asking myself why did my second internet marketing project was a failure to date, until the answer pop up in my brain..that’s because I simply stopped moving forward..thus the results stopped, I got demoralized and yeah, the rest is history..

Having realizing my mistake, linking up the dots, triangles of positive negative thoughts, solutions and alternative back up plans, it is now clearer than ever.

Poor people have stagnant minds, while rich people are always on the move, never stopping which explains why they are rich. Just ask yourself, why do MNC grow so fast and so huge? Because they have multiple factories, plants all over the world, running twenty-four hours seven days a week. Even if in a country, it is closed on due to public holidays, the other countries’ operations, business are still running, so while there may experience minor drop in profit over public holidays, the poor on the other hand completely stopped their own source of income, by not working.

Such is a simple reason why the rich get richer.

Popularity: 2% [?]

Irony is a rhetoric device, a language and technique speaker use to the convey to the listener or reader a meaning with a goal persuading him or her towards considering a topic from a different perspective as written in Wikipedia.

The goal of rhetoric is to persuade towards a particular frame of view or a particular course of action, so appropriate rhetorical devices are used to construct sentences designed both to make the audience receptive through emotional changes and to provide a rational argument for the frame of view or course of action.

There are many examples of ironic life activities with the intention of promoting the crowd of people/clients into agreeing and patronizing their business and services with the use of rhetoric device to persuade via convincing prospective clients into buying their products and services. Looking deeper, beyond their sales pitch, presentation and agenda, it is clear that there are many businesses that are employing such strategy to increase their sales and profits with or without their knowledge that they are using such a strategy.

Examples are as follows:

1. The use of modern drugs, surgeries prescribed, and recommended by hospitals, clinics respectively are actually in fact to the benefit of the employees, business investors, shareholders at the expense of the patients.

It is general knowledge that all drugs have side effects, thus they are not recommended to take in large doses. Nor are surgeries guaranteed to help patients get rid of whatever illness that requires a surgery, doctors capitalizing on patients lack of knowledge, thus promoting instant quick fix and protecting themselves with legal document against any resurface of illness and against any guarantee that the illness has completely being eliminated. So either way, doctors, business investors of such health practice profits.

With more medicine (synthetic drugs) made of chemicals that only weakens the body, long term dependence on such drugs make the problem worse, thus the business grows.

Why not consider Traditional Chinese Medicine (TCM) with over five thousand years of history, look at the organization running the business, are they anywhere near as rich as hospitals in any parts of the world? No they are not in anyway near their wealth nor profits. Reason is simple, they care for the interest for their patients and making only a modest,minimum margin on the products (herbs) without the intention to have their patients being over dependence on TCM, that’s real moral and ethical business operations with lots of integrity.

2. Financial organizations promoting investment projects, portfolio for potential clients to invest in to grow their wealth. But yet banks themselves don’t invest in the very projects that they recommend to their very own clients.

Is it foolish or is it plain stupidity that clients who trust their money with banks recommended choice of investments are never able to earn on similar percentage of that banks gets on return on investments. Banks are using clients money to grow their wealth and protecting themselves against any potential scam or loss on investment with legal documents, again as usual captializing on clients lack of knowledge.

Organizations on the other hand depend on smart and talented individuals to spot opportunities to grow the portfolio, and run risk of employees running away with scams, frauds at the business expanses, a fact of crimes (both big and small cases) that never fails to be reported globally of new cases annually.

3. Businesses all over the world has this common saying: If it ain’t broken, don’t fix it. Why would they want to say this and constant remind people, who are their clients, solely because of maintain and encouraging clients loyalty to the business for their own profits and interest.

Yet it is a fact that every single person living in a modern society knows that we must keep up growing, get more pay, improve our own living conditions. That translates to always improve and fix any unbroken parts for better performance and efficiency. Yet some people will wonder, why is there such a saying like that?

Over time, i come to realize that it is a strategy used by business owners, investors to persuade potential clients/partners from turning against them, the only reason that saying is regularly used in advertisements, are indirectly saying, continue using whatever products you are still in your procession and don’t switch to other brands. This way, it becomes clear that the saying is to fight of potential competition that will threaten their profits and market share.

4. Employment. It is widely practiced and strongly recommended by every single country globally to find a job and work than retire. But looking deeper, do we get better pay, regular salary increment on yearly basis? No, it is not always true especially in those employees hired in the private sector primarily the food and beverage industry, tourism, customer service niches.

Occupations that does not help grow the business often are not given salary increase, the only time they increase are probably to to competition for talented employees, if not forced upon by respective governments governing the countries to fight against inflation. Again, there is a saying, work hard, save money and retire to live a happy life after which. But look at present times, Singapore is no longer encouraging retirement, it is out of the government’s dictionary for good, it’s more like work until you can’t work. All the benefits of a low unemployment only adds up to the yearly salary increase of the government politicians, ministers, parliament members etc. Are we working towards a happier life or are we working so hard just to serve only the top people enjoying the fruits of our labour at our own expense.

Done with the examples, now that its time to put on a thinking cap and help each other succeed, only by helping others, you are helping yourself. A similarity within the differences in the examples that I have talked about in the above four examples.

The society is full of lies and deception meant to keep us the way we are so as to profit at our expense, the only way to outsmart them is to learn what tricks they are up to.

Moving forward, employment isn’t the way out. Entrepreneurship is the only way out. As businesses help to provide value and convenience to the clients who in return pay for the products and services that will help respective clients earn more money, have better standards of living..that’s what the whole world should work towards in fact, and at the same time promoting peace, mutual understanding, sharing and coexist together for a sustainable future.

Popularity: 1% [?]