Ryan Ho's Entrepreneurship Blog

Blogging on topics revolving around entrepreneurship.

March-30-10

Principles

posted by ryan

Principles are collectives of an accepted or professed rule of action or conduct. It is according to personal rules for right conduct. It can be moral principle, or a rule which a person fixed himself or herself to do something.

It is the ethical standards, judgment, rule of a good behavior. Everybody needs to define and refine their own principles and follow strictly to their principles and their own beliefs.

I have my own principles in doing anything and everything. Always refining my principles in details and improving on them to build creditability trust and brand myself with my principles. This way, you will position yourself on a different value worth of your intangible assets of good will that you are offering.

Different people have different perspectives leading them to their own principles based on previous experiences which they face and it is completely different among individuals. It is built on the basis on the family, friends, teaching, education, and how individuals view things, events and happenings around them. If you have absolutely no clue to what I am writing in this blog entry, ask yourself how and what do you want others to look and treat you like?

Is it to treat you like a friend, or like a pest avoiding you, or even treat you like a machine, overloading you with their own job increasing your burden without helping you in anyway in return for the help offered on your side?

How and what life do you want to live like? How do you want to be treated as? Helpful, useful or friendly person, you decide what kind of life you want to live and if you want to be an employee, or an employer.

Do you want to take control or be controlled by others at their mercy?
Start to define and refine your principles right now at this moment!!

Popularity: 1% [?]

March-24-10

Marketing

posted by ryan

Marketing is a form of selling without selling. It is the advance selling strategy which businesses and super salesmen/women use in business.

It involves not only the product, but included as well in the sales pitch is the benefits, value, efficiency, productivity and how much unnecessary expenses a product can help the business or a client save in the process with just a single purchase of a product. From a single marketing sales pitch, it not only is selling the product, also together is the brand, value of the actual worth, building brand royalty, relationship and opening another option to allow customers to get updates of the latest products launch if there is a system put in place.

Marketing is a deep advanced selling strategy which only a minority of the sales people uses. People who use marketing instead of selling are people who do their own businesses, and thus employees most often will not be bothered to sell the brand with the exception if they are working for a premier brand.

It involves branding, positioning, customer service, relationship building, value creation, royalty relationship building and most importantly, looking at the clients interest at heart. All these are needed to be shared during a short sales pitch.

Marketing tactics can be learned but it is not a simple task to begin with. It starts with education with the right intention. All these can be learn from work but without proper guidance, and spotting the mistake during the sales pitching/presentation, it makes a whole lot difference between selling and marketing.

Are you marketing or are your selling yourself?

Popularity: 2% [?]

February-11-10

Loss

posted by ryan

Loss is the failure to make good use of something, the failure to preserve and maintain. It is the failure to keep, get or have something; to bear the loss of robbery for failure to safe keep your money and valuables.

Every business, individual will suffer losses regardless of how big or small the loss is, but with each loss, there is always a lesson to be learned from experience so as not to allow the same mistake to happen ever again.

Lives are lost when natural disasters strikes, causing homes, farmlands, to be damaged, and people suffer both financial and physical lost of homes and wealth plus food.

Foolish lives are lost when people without proper thinking commit suicide thinking that their problems cannot be solved which is untrue. Every problem originates from the cause, the root, plug and root of the problem and it will be solved. People commit suicide when they feel the problem is beyond their control, coward acts and signs of being selfish passing on problems to family members and love ones.

Businesses suffer losses when financial crisis strikes, a chain of events beyond their control happens and everyone suffers. The only crisis prove method is to be self-sufficient, grow your own food, have your own property on your own land and depend on solar energy which is possible but it requires lots of wealth to make it possible.

If you are always incurring losses regardless of what you do, be it in relationships, getting duped, in businesses being tricked into signing agreements to give up certain rights or ownership or money, it’s time to re-look at the process, and reflect on why such losses always and never fail to crawl back up on you sticking to you like a leech sucking your health, wealth and life away from you.

If you’re clueless, get this into your head, the mind. You are the cause and effect of it, if you want to stop the same repeating experiencing similar unpleasant events, than start from inside outwards.

Stop using, talking, communicating the way you used to, ask people for advice, get a proper coach, relearn how to handle work, human relationships, handling rejections, how to view at problems, how to deal and cope with difficult problems.

There are a lot of things to learn, if you don’t and is unwilling to accept the fact that you suck at handling yourself, selling yourself, than you deserve to be duped and being abused because you show and tell others with your behaviors announcing to the people and environment around you that you’re weak in any other ways. The strong will always walk over the weak, which is why bullies are all around.

Learn to change, accept your problems, and deal with them, if you don’t, whatever happens to you before, will happen to you again if you don’t want to change. This applies to all areas, regardless of relationship, business ventures, health, mental well-being, EQ, IQ and communication.

Do you always want to be a position destined to be a loser losing everything and everyday no matter how hard you try? If that’s the way you show to others, you reap what you sowed.

Example like supermarkets, they always say trolleys go missing every month, damaged etc, that’s because they didn’t make any effort in preventing those events from happening. If you put a stop to customers wanting to leave with a  trolley full of products, it is going to help business save thousands of dollars with just hiring a few full timers to stop and prevent customers from buying more than what they can carry themselves.

By allowing customers to make their problem the business problem, than the business owner who knows the problem but doesn’t do anything to stop it deserves to suffer a loss and the loss just increases, when people recognize that the company can’t be bothered with small minor issue.

No matter what you do, do the best within your abilities to reduce your chances of incurring loss and come up with solutions to increase your profit while reduce the loss to double, triple your profits.

Stay positive regardless of whatever situation and positive results will find you soon enough.

Who do you want to be? A loser or a WINNER?

Popularity: 1% [?]

February-11-10

Help

posted by ryan

Help is the act of either giving or provide what is necessary to accomplish a task or a need, to render assistance to people who need it.

It also make life less difficult and reliving them off their illness, pain and sufferings.

Help is everywhere and anywhere. Are you the person who likes to help and advise people or are you one who only likes to receive help and assistance from others and never give back any?

Help is a two way thing. The more people you help, the more people will help you succeed. The more reluctance you show in refusing to help others, the same others will show to you.

Look at businessmen. They are setting up businesses, helping many people in different areas. By employing employees, they are helping the majority of the people to get paid if they are willing to work hard for the company, and in return they get money to bring bread and butter back home to the family.

By doing business, providing service and solutions to help solve business partners’ problems, they are helping others again, and in return they get money (profits) back in return.

By lending a hand in charity with money, they help people in extreme poverty get fed with food and basic supplies, they didn’t expect anything in return, but than others see it, than again they are helping themselves.

The return favor of helping comes back to the business in the form of recognition, branding and position which is goodwill, building a reputable brand for the country, individual or business, the more low-profile you are, the more happiness you will get and more rewards will come back to you.

Not everything comes back from helping in the form of money, but the values and reward to helpful people and businesses will end up with much more than what they offered.

When individuals and business do charity, they can reduce their tax for that year too from the government and more support from the leaders governing the countries with more benefits in future. There’s nothing to lose in helping but a lot more to gain.

Exercise caution when you offer and extend a helping hand. Never ever help any individual that refuse to accept your help and stretching out their hand. If they reject you, so be it, there are others who will gladly accept and appreciate your help.

Practice selectively helping, else you will be abused too. Example: You don’t go around helping people in the brink of bankruptcy when they didn’t learn their mistakes or lessons. The more you offer help, the more you’re digging your own grave to perish together with the people facing bankruptcy at the expense of your financial help.

You will not help people who don’ t share the same vision, goals as you (only applicable to businesses only). If you’re into philanthropy, than just do it as long as it is within your means and financial ability allows. Spending and spreading wealth wisely to those deserving of a chance to succeed and grow.

Do not help people who will turn their backs on you, a real life betrayal of unconditional help will be USA. They who believe in their religion believe in helping anyone and everyone, and the help they offered get abused in this case example.

USA trained Osama Bin Laden, who in turn became a real ring leader in terrorist who betrayed USA’s kind intentions, war breaking out among Iran, Iraq, and neighbouring countries suffer in some ways.

So select carefully and help, don’t help people who act like they need help but with hidden agenda that go against your vision, principles and directions which again leads me to entrepreneurship.

Choosing the right business partners, help people who accept your help and not people who only want to make use of your help, be selective and test their intentions if needed.  Choose the right business partner and your life plus wealth will be made much easier, choose and make the wrong choice or decision, and you have hell of a time like USA still trying to capture Osama Bin Laden who may still be hiding inside the mountains underground and in the caves etc.

Popularity: 1% [?]