Ryan Ho's Entrepreneurship Blog

Blogging on topics revolving around entrepreneurship.

February-15-10

Catalyst

posted by ryan

Catalyst is something which causes a reaction to something and helps speed up the changing process.

It can be either a substance or an event to proceed under different conditions to produce different results.

If you want to succeed, be wealthy; find a catalyst that will help you in your journey. If you don’t have any, let me know, I have lots of different and layman methods to identify more than ten catalysts around you to help you speed up the process of removing the seal on your mind to think positive and work hard but smartly to build wealth and instead of get rich which is only temporary. If you need examples, refer to my previous blog entries, and you should be able to identify some of the catalyst which I have written in previous blog entries.

Once you identify those catalysts which I have mentioned, you will need to convert them into your own catalyst to satisfy your own situation to spur yourself for growth. If you’re clueless, ask, don’t, if you need assistance, ask, I like to ask, and I like to offer help but only to people who are bothered to ask.

There are other steps which is required before a successful reaction can take place, and will require your own cooperation by being honest with yourself. If you are not honest, living in self-denial, nobody, nobody but you can help you.

It all starts with you.

Popularity: 1% [?]

February-14-10

Repercussion

posted by ryan

Repercussion is an effect or result of an action. It is the rebound or recoil of something after impact.

Whatever we do, there are repercussions be it positive or negative. Doing anything without first thinking will invite negative results.

Poor people often do not think of their actions they want to do first than blunt it out without thinking. Than when the results are unsatisfactory, they will than go back to the same person and make a din, noise creating a messy and nasty situation over a small problem. Guys and gals often do this, like hens flipping their wings than going around the other hens.

With huge authority comes huge responsibility which requires board shoulders to take accountability of their actions and decisions. Repercussions should be considered before anything is done.

In religion, it is about sin and blessing, for others its cause and effect while others is about karma.

No matter what you do, there is always the result which will be out and made know to people even if you do not like it.

Learn to face the music regardless of it being noise or music.

Popularity: 1% [?]

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

Perseverance

posted by ryan

Perseverance is continuance persistence in a course of action, a purpose in spite of difficulties and obstacles.

Obstacles are there and in everywhere for a reason, each and every obstacles and set-back you encounter at work, business or entrepreneurship process is a tell tale sign that people have stopped at this step, and given up. When people give up, it creates a problem for the others who are in the line, the person who removes the obstacles will have a smooth route to walk instead of just walking over, the jungle trail with small rocks which might cause you your life in times of danger when you’re chased by a wild hungry beast. A small stone is all that it takes to make you trip over and be devoured by the hungry beast.

The person who picks up the obstacles, understand it, learn how the problem started, find a remedy, than move on, help make the route smoother not only for yourself, but for the others taking the same trail you have once walked on.

Perseverance is good, but again in the minds of people who are poor, they only complicate and don’t really find nor ask about the real essence of the word and just use it without understanding it thus they are having problems struggling with bringing the bread and butter back home.

There are two versions to every single word in different people’s mind. Positive or negative, similar if not identical to the angel or devil; god or demon, it all holds the same meaning, with slight difference in understanding the idea of the single word leads to different course of actions and results.

Positive perseverance is to work hard despite people throwing wet blanket, splashing cold water on you when you know you’re doing the right thing, which others have yet to proof it. Be the first person to prove you’re right, than others will agree with you, money, wealth and success will follow and haunt you chasing after you.

Negative perseverance is to work hard despite you already know that what result you will be getting, and the result will never ever change regardless of how hard you work in an employment. There is a limit to everything the day you are in an employee quadrant. You get the same pay, even if you get a pay rise, your pay will be similar to the previous person, and you can’t set your own pay limit.

If you seek to improve and increase your success, wealth, learn to take risk and enjoy the rough ride of a lifetime. Once you master the skill, it will be yours forever, thus the wealthy get wealthier, it’s all about duplication. Look at fast food restaurants, hotel chains, property business owners, what did they do?

All they did is to master a skill which is tested proven to work and profit, repeating it again and again while increasing the scale of the project to increase profits and have more wealth flowing towards them. Businessmen are successful too in their way because they continue to build bigger better enterprise with the knowledge of what works and what don’t. It is as simple as it looks, but it is a mastery of skills and the art of perfection that is not simple and takes years of hardwork.

Whenever a problem pops out, solve it, stay positive, and make sure you ask if in doubt, to capture and understand the true definition to a word which you may have misinterpreted it already leading you to failure. Ask until you understand the word and know how to look at it from different perspective without clouding your mind with negativity. Convert any and every negative into positive and you will be positive, armed and equipped with positive mindset, perseverance will show you the route to success one day.

“Let the positive prevail by being positively persistent.” – Donald J.Trump

Popularity: 1% [?]

February-8-10

Positive

posted by ryan

The wealthy and successful businessmen always have a positive mindset. Regardless of what problems, obstacles, and technical issues they face in front of them, businessmen will always have a positive mindset and work towards a solution.

“It takes positive to breed positive and together positivity breeds success,” something which I just thought of as I was writing this blog.

Being positive has got tons of benefits, especially if you want to go from rags to riches, you must equip yourself with a positive mind and constantly hang and network with positive and successful people.  Who you network with will affect the results you produced. If you want to know the results of what will happen to you if you network with the wealthy people, look around and find out more on who are they mixing with, are there a single failure with a negative mindset among those successful businessmen, absolutely NO!! When you even associate yourself with one, the damage is already done, so stay clear and don’t even network with people who have negative or happy mindset.

A life example will be, look at actors actresses, all the media artist hang around media artist, what the chances whereby you can see them are hanging around with average people who are non-media artists with the exception of going out with their family and relatives. In fact, even if you do spot them, what is the percentage of you seeing them frequently, it’s like one in a thousand chances to see media artist on the streets unless they are working.

Each successful individual are successful because he/she hang around and network exchanging ideas, strategies, tips and methods to improve each others weakness to mastering the art of perfection in each other giving positive remarks and comments.

If you want to make a change, start by reading more of my blog, ask questions. Go to libraries to borrow self-improvement books, read, learn and absorb what you find useful and beneficial to you. At times if you can’t find any, than you need to dumb away your negative unproductive thoughts before you can even accept and absorb positive education which is easily available to the public.

It is easily accessible to the public to learn and picked up, but it’s not simple to absorb those free successful education and thinking into our minds. Just look at how many people go to libraries, how many people who read such books make it to the multi-millionaires rank. Little to none, because they can’t absorb what is taught and shared by successful people without first admitting their own learning is flawed and try to learn from the book with their flawed thinking and mindset which will of course produced flawed results.

If you need statistics, ask your friends, how many even bother to read millionaire, multi-millionaires or even billionaire’s books and trillion dollar company strategy books? Not many, nor do they even go to the business section to know that it’s free to the public for borrowing. Do what you need to do & do it!

If you’re not successful, now you should know why and what you need to do to alter the results which you’re getting. You have a choice between positive and negative. What will your option be?

Popularity: 2% [?]

February-8-10

Happy

posted by ryan

Happy is to be satisfied, cheerful, enjoy, and get delighted over something or a person or a event or even a drama.

Being happy is another feeling which breeds contentment and that manifest itself in our mind and tells us that we are already happy with our living environment, house, and our own room, thus the desire to seek a higher, better housing diminish with being happy and feeling contented.

Staying happy is what is encouraged by all government nationals across the globe, but they didn’t even once differentiate between being happy and being positive.

If you’re happy with what you’re doing, you will be happy of whatever results you’re getting, thus there’s no particular desire to grow our own income thus there’s not much productivity increase in factories, manufacturing plants when it comes to producing more products, and services.

When people are happy getting the results they get monthly which breeds contentment, they will stop if not maintain at that level which is required to allow them to get the pay-cheque at the end of the month to partial delayed gratification which consist of mostly instant gratification after they get their hands on the money.

Productivity, efficiency of the business growth is dependent on the employees running the operations, the foot soldiers. If they are happy with what they have, the most any business could do is to build another factory or manufacturing plant and hire another group of employees to produce another batch of products, services and even merchandise for profits.

Businesses grow by finding ways to increase their profits, which translates to wealth accumulation. Employees being equipped with a poor mindset will only do what is required to meet ends needs only.

Do anything more, and get stares from fellow colleagues for spoiling the market for being hardworking, which bosses know but can’t do anything to this work culture except to hire more people.

The reason why foreigners aren’t welcome by the foot soldiers in Singapore mainly the low income earners is exactly because of the fact that they are hardworking, spoiling the market working culture getting paid the same amount if not lesser but working double harder than their peers gaining recognition and promotion, especially the intelligent foreign exports of talent into the business.

To get wealthy, we need to be positive and not be happy. Being happy means that they shouldn’t be any problems and the ideal situation for people who seeks happiness is to have a worry-free environment to grow up in which manifest itself to what the general mindset of the vast majority people have currently “study hard, get a job, work harder get promotion and be happy with what you have”.

By being happy bunch of people, they will not be hungry for any additional pleasure and just seek the basics necessity and nothing else, thus people are just contented with having their own HDB, start a family, get a job to cover the expenses and meet months’ ends only.

Being positive is another story. Regardless of whatever situation, positive mindset breeds positive results which will attract wealth and talents to you with time, and results. Being happy will not.

Do you want to be happy or do you want to be positive? You decide what kind of life you seek or desire.

Popularity: 1% [?]

February-4-10

Limit

posted by ryan

Limit is a boundary surrounding specific area. It is the point, line or edge where nothing can proceed beyond nor able to surpass.

Immediately once the birth of a new-born we are very much limited to whom we are by birth and the financial ability and limited area of influence we have on others.

There is always a limit to everything and this limit applies to both the wealthy and poor people regardless of nationality, race, language, or religion. The difference between the similarities of the wealthy and the poor people are the differences in the number of limitations they have on anything and everything.

Poor people are living in a very small private limited situation. They are limited to how much they earn based on their education, how much they earn per hour, only allowed to obey and never to disobey their employees, their parents, teachers and their spouse who is their life-time partner. Even their choice of food, the first thing poor people look on the menu when they enter a restaurant is not the choice of food but rather how much it cost. Being poor are just pathetic; it’s like being a slave if not just like a dog serving their masters. Poor people are helping their masters (employees) to get rich and only contented to have a miserable sum of income as compensation without any benefits to themselves who worked so hard.

Wealthy people on the other hand have way much lesser limitations set upon them. Being wealthy has their benefits, in fact lots of it. They travel around with style, big cars, lesser routine checks, advance booking and reservation of seats. Wide variety of choices to choose from when they dine out, they choose what they really want, without looking at the price tags.  They have memberships, exclusive private invitations etc which only the top prestigious people will be allowed access to.

Both the poor and wealthy people are the same, a pair of eyes, ears, one nose, mouth and even the body organs are the same. All having the same twenty-four hours but what’s the big difference. Talk to them and you will know instantly with just a simple question “How to earn more money?”

The poor will tell you “Buy stocks, follow inside secrets, follow the TV, news reports gossips, buy 4D, TOTO, Lottery etc” while the wealthy will tell you “Invest in property, start a business, hire employees, build a system to run it auto-pilot basis, network with successful businessmen build powerful connections etc”

Now that’s the difference, and it all starts with a simple place, the brain, the mind is where you can change, if you want to be wealthy, start by correcting the negative non-productive thinking inside, dump all of them into the rubbish bin and implant new positive thinking that will help you build stairs, your steps to connecting with wealthy people.

If you’re willing to change, anything and everything you imagine is possible. If you aren’t even others help you get rich, you will not be wealthy without knowing how to manage the sudden increase of money.

“If you think you can or if you think you can’t, you’re right.” It is best to think you can, and do something about making it happen. – Henry Ford

Popularity: 1% [?]

January-31-10

Rush

posted by ryan

Rush is a movement to move in a certain direction with speed. Rushing Is an habit cultivated over time on everybody who has gone through the same education system regardless of nationality, race, religion age or gender.

Rushing is a habit forced on us as we study in schools, slowly getting used to the momentum of school life, than followed by working life and the rush to earn money.

Rushing is not wrong but it’s definitely also not right in certain ways. Look at the successful businessmen. Ask and interview anybody who are successful in the past, present and future down the road, and you’ll realize something that they all had in common – patience.

Successful businessmen don’t rush into businesses, they take time, effort, to understand and master the industry, know everything they can before committing themselves and their capital into whatever their niche is.

The people, who do rush, are normal people like you and me, but I’m slowly but surely learning how to reduce my pace and learn from the successful businessmen. Just look around you, simple observations will tell you a lot of things which will give you more wisdom adding bits by bits to your success which will come to your with time and at the right opportunity.

Look at the bus and MRT passengers, how often and common can you spot people rushing into and out of the public transport, in and out of their work place especially on Fridays whereby everybody will be super effective and efficient when it comes to this day if the company or business has a five day working week. At 5pm, all work and task will be allocated nicely in order for next week. 5.30pm or at 6pm, most of the employees will be rushing back home and than enjoy their weekends.

Look and observe all around you. There are so many observations to be made, but do you even have the time and can afford to slow down your pace to just observe? The rich don’t rush, they have all their schedules planned and appointments made in advance.

The poor, rushing day in day out, getting the same results without continuously pay increment despite working and slogging so hard to increase the company profits.

Look around and ask yourself what kind of life you want to lead. Seek advice and better make sure you ask the right people who have being there, done that, and make sure he/she whom you are positive about it, and successful.

You don’t not ask a failure to give you a positive reply that allows you to be successful because its common sense that a person who has failed will only share the experiences and being a act Mr-Know-How to act like they know everything when in fact they know nothing except being failures themselves.

Failure can’t wait to drag you down together to hell with them for more companionship.

Last but not the least, as the right people; get the right coaching, advisers and successful businessmen.

Popularity: 1% [?]