Ryan Ho's Entrepreneurship Blog

Numbers are part and parcel of everyday life. In fact they are fused with almost everything, for which there has to be a quota met in order for survival.

From the poor to the rich and wealthy, all individuals knows the importance of numbers in terms of dollars and cents and how it will affect their growth etc.

The numeric numbers that are known to the poor are primarily any where from cents to dollars and at most thousands worth of dollars for majority of the people classified as poor.

The rich (middle-low end high class) might be looking at numeric anywhere from double digit to five if not six digits in their knowledge and the financial knowledge to manage and grow the sum of money at least or if not maintain the amount.

While the wealthy individuals often classified as successful business owners, investors will be looking at figures starting from five digits to minimally nine to twelve digits in sums when it comes to running a business of national and global scale hanging accounts of multi-millions or more.

At the top most level is the macro economics where government handles anywhere from billions to trillions worth of assets to allow the smaller companies and individuals handle the micro economics of handing billions to millions as the social status decrease.

From money to even food for consumption, we are dealing with numbers, and the numbers regarding food is related to either the amount of calories, if not the price tag of the dishes served in different restaurants etc.

Since the moment we are born, the association of numbers is started to fuse with our lives, yet the irony is that only minority of the students, of the public will learn the skill of dealing with numbers, financial accounts that is a daily necessity, considered a must know knowledge and information. Yet it is only taught to people who are interested in the subject, gain the knowledge and know how of growing their portfoilo and helping others manage their wealth, fighting against inflation at  premier thus their own personal wealth keep growing.

Such is a shortcut to climb the ladder in ranks to go from rags to riches. But only when a individual shows complete understanding of how the rules of the game are played at different levels, how to bill, charge for products, services, value, good will, reputation, creditability than only can an individual, entity grow and climb to the next higher level.

And the fact is that financial sector is always in shortage of talents for the past few decades globally due to growing demands, just like it is so for the aviation sector. At least that’s what i learn from reading newspapers.

Those who are not interested in numbers, are than found to be ignorant, and majority of which are found in the poor social status group. For failure to learn the basics of numbers, how to grow and maximize the the value of the numbers resulted in a rich-poor of income gap between the social status.

To be wealthy, one must show understanding of proper accounts before taking it to the next level one step at a time. Failure to comprehend the link and knowledge of numbers will see oneself remain in the status quo with no improvement.

In a nut-shell: To climb the wealth ladder, first learn how to read accounts, and manage financial knowledge at least for the basics before utilizing professionals to take care of the books while individuals focus on growing the business with different strategies with the trial and error phrase for every single product and service delivery to grow the business so as to keep losses to the minimal.

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Bureaucracy is commonly described as the administration of an organization usually in large entities like government, multi-national corporations and non-government corporations.

It is a system that is successfully implemented like a clockwork within the organization so much so that it has literally fused and become one with the culture, and behavior of how the administrative, processing, and disciplinary actions works. It is mainly created with the intention to generate and increase efficiency and productivity within the organization possible with the least amount of resources thereby increasing net profits which attributes to more bonuses for the shareholders, investors, and employees.

The system is built on a step-by-step hierarchical level, and no one is to challenge that every system created to keep the organization and the business running like a well oiled machine as though it is like a robot working twenty-four hours a day, seven days a week non-stop.

Yet such a system is also a victim of its own success. For this is also very often in majority of the organizations a largely one-way-communication system from the top-down approach with no ways of the top management nor the owners listening to the cries and concerns of the ground workers that in fact the executioners, who carry out the daily operations that results in consistent profits for the business and the organization.

Its’ failure comes from not the top management, but rather from the middle management in particular the supervisors, managers and directors who may want to secure their own employment appraisals and be kept in the good books of the top leaders thereby keeping only employees under their command those who will boot-lick, curry favors beneficial to the immediate superiors and at times compromising on the values and objectives of the company just so to simply keep their own jobs for simply job security.

Largely due to this ignorance, and failure to implement bottom-up strategies to interact with the ground workers are the primary culprit for the collapse and failure of any known organizations and it even dates back to civilizations as far back as the dinosaur age where humans were not part of the equation just yet.

Why you may wonder as to me mentioning about civilizations is simply because they failed to listen, observe and react in time to response to looming dangers that will put themselves at risk of extinction. Meaning to say, failure to observe, protect, and conserve the very source of food (money for organizations) will result in gradual extinction (failure and collapse for businesses) in the long term should they have reacted and spot potential dangers of food shortage In organizations’ context, it refers to resentments from the employees, and a full employee work strike will cripple the business and even the national economy gross domestic product of any country.

Just look at the middle east countries numerous strikes, civil wars, and even taking into account of Thailand internal politics war with the red and yellow shirts supporting different leaders with their interest at heart and you will soon start to realize the importance and link of success. It is simply by just listening, protect, conserve grow, and fix any disagreements, grievances peacefully for a mutually beneficial future for long term survival and sustainability.

If you really want to succeed in your business/personal life whatsoever, read up on how Bill Gates and Warren Buffet, Li-Ka-Shing run their businesses, the model and how they treat their employees with utmost respect and humility. However, should you have no time to read nor find out about their thick volumes of information and practices, why not hire somebody who knows and understand it.

You can seek the professionals, but just pray hard and do your homework that they have your interest at heart and is not out to earn one-time lump sum of consultancy fees from you or your business organization. If you can’t find that kind of professional, perhaps you can consider giving me a chance to prove my worth and how I can help you and your business grow.

To win or to lose. To create success or crawl into despair and failure depends on the how individuals deal with a mutually beneficial system of two way bureaucracy.

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Resilience is simpler terms is to display a positive behavior adaptation to any upon encountering adversity, tragedy, threats and intense sense.

A display of global recognition and acknowledgment of resilience can be seen in Japan. It showcased and taught the world the importance of self-help and to the amazement of world whereby Japanese can still remain clam in such great magnitude of natural disasters that comes in a series of attacks. From a 8.9 magnitude of earthquake that triggers a tsunami causing greater damage adding to the death toll of many missing citizens in Japan. After which came the nuclear reactor explosion following the leakage of radio-active materials into the open sea.

Following is a video clip that featured Japanese helping one another in times of trouble, something that is first seen globally in times of distress.

Such a clip would not have been possible if not for the proper education of disaster training, rehearsal and the well-mannered culture of Japanese, helping one another in need.

On the other hand, when i looked looked and do up a search and similar natural disasters such as Christchurch, I happened to viewed a video that is kind of insensitive, http://www.nzherald.co.nz/christchurch-earthquake-videos/news/video.cfm?c_id=1503037&gal_cid=1503037&gallery_id=117784
featuring some people still playing in the disaster hit area instead of helping out. It’s so much reflects on the playfulness, laid back, relaxed culture of the nation, wanting to have the most fun out of which.

Japanese is the most well-taught people globally in terms of courtesy, manners, politeness etc, even number 1 nation USA is way behind in such education.

Singapore too is failing in the basic courtesy issues in the education sector, much different from the past whereby Singaporeans are helpful and chatty. The reasons that caused the dropped in Singaporeans speaking up, helping each other (neighbors) are probably due to the following reasons:

1. Fast pace developing city give little or no room for courtesy, manners upbringing having to cope with bilingual policy for competitive advantage

2. HDB Security policy of poor building designs, having neighbors doors literally facing each other, encourage us to close the doors permanently to avoid privacy being infringe despite government’s claim of it helping to reduce robberies, and other crimes.  Lets think it as another way, in the past, nearly every HDB door was opened (at least over 50% of the occupants open doors) in those old style 1 striaight line of HDB flats..while current designs are all C or U shape that encourage closed doors, so if doors are closed in nearly 95% of the HDB occupants, no eyes are visible to potential crimes. Having said that, sometimes, its better to stick to the old school, but being in a capitalist nation, it’s no longer possible, unless you have cash, yet govt are tearing down and rebuilding more C and U shape apartments that actually help improve crime rates from my own perspective (having lived in both old and new style HDB flat)

3. Government’s focus on financial growth over the basic principles of moral education in the past when I was growing up, where we were told to respect the elders, give way, give seats to elders or people who need it more than us..but these days..just one-look at how the primary, and secondary school education system, and the behaviors reflected by the students is freaking obvious. Immediate showing signs of ill-bred, uncouth kids who didn’t even know the basic respect, having to force them to obey the rules by punishment, which doesn’t solve the root of the problem, so to speak.

There are so much more lessons to which we can learn from Japan, both from their moral education, fast pace of economy power-house at least before the natural disasters took place that is.

It actually is easier to impart moral education from young with the right direction as reflected in the above video, than to teach grown up kids and adults moral education that seem useless and does not help in any way to grow their financial ability that is their main concern. But looking at the way education system is going..there’s nothing can be done..except for the “Fine” policies of Singapore to keep the rouge citizens from harming people, which is a waste of resources. Ignoring the basics, moral education has taken a impact on majority of the nations, not just Singapore alone.

The other thing to applause and salute Japanese is their selfless personality in general. Just when more and more nations are rejecting and closing her doors to Japanese food imports, Japanese themselves are showing their faith in their own food, so as to help reduce the strain on farmers in the nuclear radiation hit  zones by buying those food that’s considered at risk in other nations’ view.

There also have being new reports of shoppers purposely buying less amount of food so to allow other victims to buy food back home too, instead of what most people would do in disaster hit zones are to selfishly buy or even steal food for their own.

Such is a behavior that cannot be easily duplicated in any other countries due to the difference in education upbringing.

For businesses, it is a extremely important to learn and pick up lessons from Japan. If they can educate and impart such education to their employees, than the businesses will be saved when trouble strikes both the big and small companies, thus companies are still able to keep little sum of money from their own people’s support even if outsiders deny to trust them.

It is the key to determine the success or failure of any business.

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Stage is a word with numerous meanings and definitions, but it all boils down to one common term and that is results.

Regardless of it being used for performance, dancing, singing or acting and even price presentations, it is nothing but ordinary. Only when an individual wins, delivers and show talents with bright prospects of growth and potential than only are the path showing them the door to going up on stage to claim credit and be crowned for whatever they are good in.

Even in gaming, stage in this case refers to increasing your own level within the game situation, growing your money, mana, abilities, weapons and health depending on the types of games you are playing be it Command & Conquer: Red Alert, Star Craft, Counter Strike, Mapple Story and others..it is all based on the same thing, until the player attains a certain pre-set criteria qualifying for the next level, else his/her player profile will not be upgraded to take on stronger roles.

The same thing applies again in real life, and is happening every day, every minute and every second as time passes. At work, in school or even in growing up as a baby, we are not allowed to skip or jump levels when we want to learn something.

For instance at work example in a food and beverage industry, only when you know how to serve the customer, know how they feel and to entertain them, without spoiling their mood, at times communicate with the clients, than only are you allowed to be promoted to the next level of being either a team leader, supervisor or captain depending on your company.

In school, it virtually identical, only when you pass the minimal 50 marks for a subject, and completed all the subjects, modules allocated and fixed by the education ministry for lets say PSLE, than only can we go to O Levels, like wise for Diploma and Degree and so on.

A stage is always be, regardless of it being visible or like, it will always be there, the problem is that do we all have the ability, credentials to be allowed on that stage? The answer varies.

While stage is used primarily for artists like media celebrities, motivational speakers, prize award winners, there is another term also with the same meaning but with other add on bonuses as well. That word is platform, commonly used for individuals who like to grow, improve their own wealth, build up their portfolio and get promoted.

Without a platform or a place for a person to grow and develop, there is no way talents can be spotted..just like a swimmer who specialize in diving, they need to stand on the 2m, 4m or 10m plank hanging out by the side of the deep swimming pool before leaping into the pool with beautiful precise execution for top score in order to be fight for the top 3 positions at any local or global sports competition. Only after results are out, than can winners stand on the stage.

So to speak, it is important to first find a platform, a place or environment whereby there are rooms for growth and development, conquer it and fight for the chance and position on the stage itself.

Even if you want to get rich and wealthy, you need to first learn how to save, invest and mange your first $100,000 before you increase the amount to your first $1,000,000 and gradually climb up the charts. There’s no way that a fly-by-night success. It all boils down to the basics. A very important lesson for all entrepreneurs but not much focus on the hard work and efforts to earn the rights to stand and perform on the stage, yet little choose to focus on practice, and opt for shortcuts that harms them only in the long term.

If you have no idea what I’m talking about, than think of it as, when you get a pay rise, get awarded by your employer and in the company for the best/top seller award. That’s the recognition to be awarded that I’m referring to in this blog entry.

First find your platform.

Next comes your stage.

Then expand and widen your stage presence for global recognition.

That is how everybody grows, regardless of people, businesses or even plants, insects etc..

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Vigilance in dictionary terms is to have a sustained attention over long period of time.

In modern days, where employment, job security, plentiful food at our disposal,  man have eventually evolved into a state of laziness to such there’s a lack of natural alertness in majority of individuals these days.

From being alert to problems and solving it by ourselves in the back old days (centuries ago), man today has largely involved into easy preys if man were all to be placed and live on their own in the jungle or forest at the mercy of the animals out in the wild.

Reason being so is primarily due to the contentment with the government, security from lack of predators for our lives, thus we fall into a sense of comfort zone refusing to utilize our natural assets namely our brain, using wits to solve problems. Instead, we turn to officials, politicians, security personnel to solve our problem when we can easily solve it on our own if we just work together.

Simple things like a theft, can be easily avoided by simply concealing if not hide the valuables, jewelery from view that only encourage crimes to take place. if it’s in the wild, like how the animals search for food, once they successfully hunt and killed it, they will either hide it, and prepare for rainy days, else take a few quick bites before keeping it at a safe place from other animals who will find an opportunity to  snatch away the food. Just like cheetah trying to keep the kill away from lions, hyenas and vultures.

In the urban environment/habitat, while such animals are kept out of man’s reach and harm, there are however other preys and predators, namely man hunting on man, just that it’s in a different setting. Whereby the rich profits from the poor, sometimes, if not majority capitalizing on the gullible, naive employees like how loan-sharks squeeze their debtors dry. The only difference is that business owners, investors conceal and camouflage their  killing/hunting strategies to themselves so as to maintain and hold off any potential impending predators wanting to get a slice of the market where the money is.

One such example that’s happening every day is in the property, insurance, banking and other sales industries. Every year, globally, news articles reports of scams, frauds, business bankruptcies are all signs and tell-tale signs of modern urban war unknown to majority of the people. Failure to be aware of the urban warfare and struggle for food (money) will ultimately lead to more people going broke and end up in debts.

Even another sector/area that majority if not all (except for the health professionals) will over-look falls into taking care of their own health. Failure to do so, results in lost of income with immediate effect, so health should always be the top priority.

Being aware of our surroundings, and know the risk involved in signing any contracts for sales of anything from small gadgets to credit card, bank loans and even loan guarantors will help individuals avoid the falling into the hands of the mercenaries.

Learning the rules, skills to navigate the modern war in urban habitat will increase the odds of oneself in gaining advantage to fight against the percentage of going broke being an employee.

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Value is defined as the worth often associated with benefits to either oneself, a group or to the masses in terms of financial aspect.

But when it is viewed, rated and determined in terms of ethics, it is not something that can be justified by monetary sense. Yet something that not many would know how to weight the importance of value in terms of ethics without the ability to determine it’s real worth.

From the perspective of poor individual, value is not as important as having immediate access to money which is considered top priority for them for basic survival

Yet from the perspective of wealthy individual, majority if not all of the individuals would weigh value about money, as they can measure the returns on investments with a business based on the accounts.

That is what differentiates the rich and the poor, even the rich from and wealth who know their priority.

Poor have only benefit in their dictionary, not value. Rich and wealthy have both words benefits and value in their dictionary by definition is to understand what it brings to the table at the end of the day in a financial transaction.

Reasons for the poor get poorer over time is due to the following reasons:
1. They want only immediate money commonly defined as benefit
2. They want the benefits exclusively for themselves and their immediate family members only.
3. They don’t care about the interest of others and how much benefits others will gain | In short selfishness

Reasons for the rich getting richer with time are due to the following reasons:
1. They want both benefit (immediate) and value (long term)
2. They want to share the profits. Only by sharing with mutually benefit terms, than can everybody grow wealthier without sacrificing anyone. | In short, this what market expansion with profit sharing.
3. They care not only about themselves, their immediate family members, friends and even their colleagues, employees and business partners. By helping others, they are helping themselves too, but the results comes back in another form of financial returns of employee, business partners loyalty so the business is always growing. | In short: Long term investment, don’t be myopic/short-sighted.

If you like to know more details about expanding the market and growing your wealth on a long-term basis, head over to my other site, that talks about a ebook that I have written named Consumer Guide: 7 Secrets To Cost Efficient Shopping Analysis.

Inside this ebook that i’ve personally written, I talked about how an individual can get the maximal value out of a product/service with 7 secrets of cost efficient shopping analysis. How you can stretch every single dollar you spend on your next shopping trip.

Including flexible, customizable secrets that you can use on both products and services with examples on stand-a-lone basis. While it is titled Customer Guide, I have also included reasons, and explanations on how to make the customer want to buy your products, from both the clients and the sales professional’s perspective.

The key to getting from poor to riches (wealth) is to understand the in-depth value, plan long-term and don’t be myopic.

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Learning is a process.

It is a continuous process. Once you stop learning, you put yourself at risk of being eliminated.

To avoid elimination, is to learn the survival skills and use it to the fullest and show coupled with wisdom, intellectual use of strategies to expand territory or niche and grow wealth.

It is the root of all success. It’s like a plant, without water, the plant will withered, and die off slowly and in a ugly state slowly rotting, decomposing into the soil as fertilizer for the others. Put this plant in a forest, and it becomes the nutrition for other plants, insects etc.

Just like the forest, or in the ocean, there is a ecosystem. Where everything, birth, growth and even death helps the ecosystem to live better and brighter with nothing but beauty.Even in the world of modern cilivlizations, it remains the same like anywhere else on earth. There’s an system and order on how we live.

While there’s an abundance of educational institutes both locally and globally, not many individuals will be able to utilize all the skills, knowledge taught to them in their lives. Having said that, how many Masters, Doctorates of different universities actually make it to become a Professor respected, and using the skills, knowldge for the good of man-kind in invention and research of better medicine, cure for illnesses etc. Not many to be precise.

But I can say that much of what is required for basic living, the skills needed for survival is simply what’s taught in elementary schools and colleges. Anything beyond that are considered bonuses.

To live, survive and grow out wealth, we only need to learn what’s needed to bring in money, that means the ability to sell and market products and services, growing a business. Bringing food to the table and supporting a family. It is a rather simple idea, while many choose not to learn the art of selling and marketing, they themselves are denying themselves of money and potential wealth that comes only after they have mastered the basics of selling and differentiating it from marketing.

Selling is the process, a transaction made over an exchange of product, service in exchange for money.

Marketing on the other hand is to offer value, benefits for instant, and future growth. Both directly and indirectly contributing to more money income which means wealth.

Wealth is money that grows over time despite factoring in inflation. Money is simply a note that depreciates with time and has no actual value as it is at risk of inflation, dependent on external economic factors and country’s bank, gold reserves.

While we all start learning, how many people out there really understand why do they need to learn, get educated? No many even asked, yet just go through the motion, in short copying what the seniors/elders taught them. As it is a genetic trait of all living beings, from organisms, to plants, insects, animals inclusive of hunans.

But with our advanced, developed brain, not much have being put to proper use. Most are still very much the same like the apes in the jungle or forest, learning how to survive, bring food back to the family, working to own a property for shelter and give birth to off-springs that’s considered an natural ecosystem.

While only those who seek wealth, actually utilize their brains and put it to good use. Learning what grows wealth, build on success, portfoilos, to diplomatically increase their assets (territory) both locally and globally. Without copying apes, to fight it out in the jungle for food and space, by offering mutually beneficial agreements and exchange thus growing without limits.

That’s what learning should be about, and not like the ordinary education system, teaching man to be employees. I can’t help but wonder as I watch more documentaries. Why do we even need to study all the way up to universities these days when all it can provide us with is a job that brings in money.

Yet money is what every one can start earning the moment they know how to trade their services for money as young as 5 years old to 15yrs old depending on different countries acceptance to entrepreneurship.

Are apes smarter, with only un-developed brain who are our grand ancestors, what we are doing now, study, work and die is just the same like apes. So who’s smarter? Why get into debts just to be employees trapped in a rats’ race?

Only those who understand, learned and master the art of sales and marketing knows how to utilize the brain to grow wealth and help other man-kind to improve their living conditions.

Employment is an excellent way of learning the ropes of business, the only way out for success. Learn, observe and ask, build diplomatic ties, relationships and don’t burn your bridges by being nasty to your colleagues to lay a good future ahead. Yet not many realized that entrepreneurship starts from employment and individuals must have a clear understanding of what they must learn, what should be learn to improve the business, before leaving to start their own business elsewhere without poaching your mentor’s clients to allow oneself to grow up stronger with respect from their peers.

In a nut-shell, it is to learn to respect the cycle of life, example of how important water is to all living beings. The same applies to food, for survival and learning to improve our living conditions, not to follow what’s already in place. Else what’s the point of education? Ain’t it meant to make us intelligent, yet many are getting stupider without putting on their thinking cap..

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Wealth is what everybody seeks. The abundance of resources, possessions, and assets.

While many seek wealth, they confuse it with money.

Money should be viewed as a tool rather than a measure of status.

While majority of the people globally all focus on earning money to make it rich, succeed in life, only the top of the corp, those who really understand the meaning of wealth, success can achieve it.

The reason why majority failed to get rich is properly due to a simple reason, they spend more than what they earn. Simple fact, but many choose to ignore this fact, and instead adopt another practice or belief, learn how to earn more money to cover up what you spend. That’s what most people are doing, digging multiple holes (traps) of financial difficulty only to refill one hole at a time while digging many holes simultaneously.

Real life case study is when people take up installments to buy property, furniture, vehicles, education loan, investment loan etc.. All involved loan while trying to get rich, having said that, that’s the worst situation that a wealthy person would do.

While many wonder what do we need to do to get wealthy. That most people wouldn’t even think about it, because those are the things that aren’t taught in school, nobody will teach others how to get rich, which in other words put oneself at more risk of competition for investments to grow own asset port-foilo, thus all schools globally only teach students how to be employees, even those teaching entrepreneurship modules, degrees are taught by professors who are knowledgeable only in theory with no physical actual experience. So at the end of the day, are degrees really that important if a person really want to succeed and make it wealthy?

Apparently not, the simplest and idiot proof method to be wealthy is first to understand what is the difference between money and wealth, what are the problems associated with money, greedy, discipline, management, investing, growing money and even finding sponsors. All of which are the important steps vital to understanding the real definition of wealth before even one can have the mental capability to sustain wealth in assets, cashflow, and managing it.

Most speakers, successful individuals only spoke and share about the importance of business ideas, but they didn’t share or mention much about the basics, thus majority are taught the advanced skills, knowledge without the basics. It’s like building castles in the air, without proper pillars as support, just a wind, flood, or fire (natural disaster) is enough to pluck out and demolish the whole building of its location into rumbles and trash.

That’s why the rich get richer, while the poor gets poorer. Only those who get it will be wealthy. Not even those smart-aleck are able to conceal or hide their tails for long, as financial crisis or global or region wide happens every 10-12 years, so it is like a circle. Only the real deal stays for the long term.

Having said that, the key to creating wealth is to bring value to the masses. Without value, there’s no room for growth.

So if you get what I’m saying, it is best for you to start working in different industry, get a clear idea of how money flows from one hand to another before switching to another industry to increase your learning growth, physically experience of business operation, running, and training employees beats education, theories taught in schools.

If you’re a parent, or soon-to-make, make it a point to throw your kids to get doing business, or at least let them earn their own money to buy the things they want themselves, and not you paying it for them. Vital to let them learn and understand how difficult it is to earn that money, so this is a life lesson that will help you in many years down to the road. Stopping your kids growing up dependent on you for their living, nor to suck your financial reserves dry. That’s long-term thinking, and at the same time, showing the kids how to take up responsibility and running a family.

When a person learns the importance of money, than only will they gradually see the light at the end of the tunnel in knowing real wealth before able to start creating wealth.

If you don’t believe it, read up or start observing how people get poorer. Especially those who struck lottery. Lucky individuals globally with no knowledge of managing money, assets will only see their money depleting day by day. After a few years, they are back to square one, in the same situation before they strike lottery.

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Survival is the best bet against anything in the world.

Having watched documentary of the week: Surviving Disaster – Avalanche, it gave me new insights and reminder to on survival and the basic guidelines and principles to live. Linking it up with what I myself experienced on my progress in Entrepreneurship, it gave me a actual blueprint on surviving the hardships of entrepreneurship.

I’ll just summarized what i’ve just learned and convert it to make it business-proof.

In an ski trip with an injured ski-mate with a open bone fracture, and with a handful of team mates, with night approaching, the best bet is to set up a snow cave to spend the night waiting for day light before attempting to find help.

Check for any injuries, in this case, it’s a open bone fracture, cover the open wound with clean cloth to prevent infection, without pressing on the bone, put it on top of it, break the ski stick in the correct length and tie the leg tight against the sticks to prevent anymore movement. Lay person on a ski board, move injured head downwards with leg on top. So in event of hitting an object, wound will not incur any additional damage, with head protected by helmet. With sun setting, it’s time to build a snow cave for the night.

The snow cave allows all ski members a safety cover from the elements, shelter from the wind (which speed up heat lost), allows members to stay together to have the warm air in the cave stay there while the cold air drops to the entrance.

Once the cave is built, immediately move the injured team mate inside, as motionless individual stand greater chance of hypothermia. Lay the injured person on the, while other ski members take turns to take care of each other. Giving the injured as much food as possible to encourage more heat generated, but don’t let injured drink alcohol which speeds up hypothermia. One person in-charge of the injured, another in-charge of keeping the entrance partial open for air to come in, the other one to check for every team member’s health status (preventing death sleep in the cold), and rotate duties every hour.

Next day comes, day-break, leave behind the slowest team mate to take care of the injured in the snow cave while the rest seek help.Member staying behind uses urine and ski board to mark a clear X (cross) sign on the top of the mountain while the rest find help (instead of all waiting to die).

In the process, downwards, they faced an avalanche, 2 team mates trapped in it. Using avalanche survival kit to track (20 yards effective radius) members trapped under the snow and dig them out of it before they die of suffocation and hypothermia. Moving in a zig-zag direction to cover the whole distance of the avalanche path.

Upon finding trapped member, dig up, and wait for help, use binoculars to reflect light to the helicopter, and create a landing zone (L.Z) preferrably on a flat surface. Wait for the search and rescue dogs to search for team mate who’s survival kit was not placed with him, and instead a bag further putting oneself in danger.

Than inform the rescue team about the injured at the top of the mountain.

Now for the entrepreneur conversion. The food is the important fuel that allows members to live, in business wise, minimal food to fill our stomach.

Put aside emotions, which is vital for wealth creation, follow and obey leaders who can grow money, not reduce it.

Follow all basic ethics and the laws to observe discipline, so you will not have your efforts gone down the drain one day when you’re caught for any crime.

The snow cave refers to a shelter over our head as a protection.

Team members: Select only a handful who will not put you at more risk. Example: spilling your business secrets/strategies, waste your resources, burn bridges of trust, creditability and reputation critical for success.

Search and rescue team refers to new sources of income when your financial reserves are depleting fast. Seeking help is not a sign of failure, it is to live to die another day.

Proper medical, survival knowledge with experienced leader: Vital in a process, to tell exactly what’s happening, what will happen and how to minimize risk of failure and look out for safety.

PS: In ski, dangers are bears, elements of cold, but in business, it’s the eagles and vultures, seasoned players who gradually/openly steal your strategies, food, business partners, networks and turn them against you!

So weigh your own skills set, financial reserves, networks, expertise, knowledge and flexibility to adapt to new changes, such as temporary going back to employment to first solve the fundamental money issue before you resume your entrepreneurship.

Last but not the least, be damn aware of your own surroundings, keep your strategies and wealth generation sources to yourself. In the absence of team mates, depend on yourself and your own resources.

Never ever give in to opposition of your family and love ones (that’s logical) knowing they will want to be in the rats race suffering together for a short-term most risky employment without any job security.

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Reading is the fastest, smartest, cost-effective strategy to boost our own knowledge and wisdom of employing different strategies in life.

Since i started reading self-improvement books and business related books couple of years back..I realized that there’s so much of an abundance of wealth and knowledge in books stored in libraries which does not cost a single penny to assess such information written by successful businessmen like Donald Trump, along with many other people.

How much we learn and absorb from the contents of the books depends on our own respective experience and exposure in life, at work and daily interaction with business operations and clients (people).

Knowing the theory will help a little, but having gone though the ordeal/experience of a worse case scenerio and re-reading similar incidents case studies mentioned in such books than will boost our acceptance, understanding and applying counter-measures in future to prevent a repeat of same mistake from happening twice.

It is a common knowledge that might have being forgotten due to the influx and fashion trend lead by information and technology for the fun and entertainment aspects..but for those individuals who are serious and sincere in amazing wealth (not money)…you better start reading..don’t depend on such technology gadgets, unless you’re making money from it. Else just ignore it.

Regardless of how technology evolve with times, reading is essential in personal development, learning history so as not to repeat the same mistakes made by our early generations. More soever in the financial, property, technology, commodities sector. In order not to repeat and face global crisis that makes lives miserable for the masses.

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