Ryan Ho's Entrepreneurship Blog

Wager is the act of placing a bet to risk and stake something of value on an uncertainty, example placing bets on soccer, basketball, wresting, casino games and many others.

It is not wrong to wager, in fact both the poor and the wealthy successful people wager on most of their valuables in exchange for something bigger better for a new improved lifestyle and increase comfort.

Like I previously mentioned in the other entry Gambling in the difference in how they view the loss on investments which is identical to looking at the rate of returns or investments also known as ROI, thus it is good to place a wager, but don’t use lots of your money, instead you should start with little or no money and there are tricks to doing so if you have successful businessmen as your friends, you will realize how they generate wealth with little or no money.

Like what I previously heard from a seminar speaker Wendy Kuek who was featured on Channel News Asia “The Million Makers” on how to make money. A question was asked why emphasis on making money with little or no money? Her response was, if you do not know how to make money with little or no money, what makes you think you can make money with lots of money?

Like wise the same idea is being written in Rich Dad Poor Dad, Think and Grow Rich and many other books. The idea is to double your money growing your money. It is like the growing a fruit tree. You don’t plant a fruit with the intention of only wanting to have grown another fruit out, instead when you plant a fruit tree, you expect the tree to grow an abundance of fruits which you can profit from and the same theory applies throughout the law of basic economics in business.

Place a bet on something only if you can control and tweet the situation in your favor, that is the difference between the poor and the wealthy successful people and they successful businessmen/women knows exactly this point.

If you want to place a bet, bet your wager on wealthy and successful businessmen who are willing to help you succeed.

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Gambling is the wagering of money or something of material value on an event or with an uncertain outcome with the primary intent of winning additional money and/or material goods. It is the play of any game of chance for money or other stakes and to take a chance on either a venture or risk towards success.  It can be any matter or thing involving risk or hazardous uncertainty.

By adopting gambling, it is to engage in a reckless or hazardous behavior and in the process of doing so, affecting their close family members and people living near them.

It is only today that I talked to my mom that I understand their thinking. They think that they are investing rather than gambling. Investing in a new hope on a daily basis, resetting their losses on investments with each new investment, purposely does not want to know and record how much they start to ‘invest’ in gambling activities.

The wealthy and successful businessmen will factor in their total losses on investments and proceed onto another business venture if the business is not doing well, but the poor does exactly opposite, ignoring their losses, keep pumping in money with the slightest hope of recouping their daily investments.

Gamblers are investing in the wrong area which leads them to poverty, it is the poor who are digging their own grave and adding more restrictive chains binding themselves to poverty instead of wealth and success.

Lottery, 4D, TOTO, horse racing and even casinos are the traps businesses set for their own company and business profits increasing their own wealth at the expense of the already poor people.

Gamblers often say “small bets will not matter much” but the issue is not placing a small bet, but to be completely blind to striking a balance in their own financial statements which requires basic accounting knowledge. It is like wanting to work to bring the bread home and striking a balance between family and work time. People who are addicted to gambling purposely blind themselves to greed and worship money rather than being hardworking to learn the tested proven ways to increase their own respective pot of own gold in terms of hard earned savings in hope for a decent retirement without worries.

Just look at the track record of winners from gambling history, is there anybody across the world who as being featured in the news to strike the jack-pot winning millions and is able to increase their pot of gold instead of gambling it away bits by bits? Are they able to increase their own wealth without any external help of professional successful businessmen, no gamblers to date since the day gambling was invented has made it possible?

The answer is obviously clear cut and straight forward, gambling will not make anybody rich, instead it is the gambling operators that are successful and wealthy from, it is a simple predator versus prey whereby the gambling operators set multiple traps within the gambling den and the casino with more chances of recouping their losses and highlight how much the highest ‘lucky’ winner has won to date to encourage gamblers to spend more.

Like business whereby nine out of ten businesses will fail ten years down the road, gambling is identical if not the results don’t need to take ten years, in fact just one year will see the results with nine out of ten gamblers losing money than profiting from gambling.

If you who is reading this article right now, agrees and wants to increase your chances of winnings with the factors you can control to reduce your risk of losses, contact me right now and I will show, lead and guide you on how to grow your money into wealth.

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Arrogance is to be overbearing to the extent that people around them disapprove of their behavior or actions. It is the offensive display of superiority or self-importance without any humility.

Arrogant behavior is when people who are confident starts to show off and think that nobody is having more results, profits and potential than their peers and not thinking that someday there will be somebody who is better than them in everything appearing in front of them.

Such people assume that they are superior towards others, by being insolently proud. If you know of such people, they will only hang around people who are weaker than themselves playing the big brother looking after their smaller siblings while taking instructions from their senior brother behind the scene who is in-charge of him. The senior lets him have all the face, ego and pride, a perfect example, gangsters, loan-sharks who hang around together.

In times of trouble, than you will see each of them running for their own lives and survival in the event of a bigger group of gangsters seek revenge on the weak, particular going after a smaller group of individuals.  In Singapore, you will never ever see gangsters on equal strengths pit off against one another in a fight, it is only in Hong Kong, Japan and other countries than will you see them in the newspapers when titans fight one another.

People who are arrogant simply just display the sign of actually being a coward who depends on a group of people to solve their own personal grievances via revenge. They socialize only among themselves, and is contented with the false protection they enjoy.

Police are the military titans who are not arrogant like gangsters; in fact they just observed them like the big brother, only coming into the picture when they start to stir trouble and problems making the police job difficult.  This is a standard observation from news press all over the world; they just sit by the side and observe which has more benefits than otherwise.

In business sense and perspective, it is easier and preferred to allow your competitors whom you know at the back of your hand to survive, knowing their strengths and weakness by hard than to silence all the competitors they know and give rooms to new competitors that they now have to work hard and gathering evidence against a newly formed group making their job more difficult. Rather than killing all opposition, why not just let them survive, and only show their power when such gangs get out of hand.

The competitors can sort of like be each others allies in one way or another, given the sufficient space to live, they will not clash, than the gangsters who the police know at the back of their hands will help the police reduce their workload by stopping any newly formed gangs from increasing their territory thus in a way, that’s how the society works.

Know who your allies are and who your enemies are. Mutual cooperation is needed even if there’s a conflict of interest for survival.

“War/Business is not risky, being unprepared for war/business is risky” – Robert T.Kiyosaki.

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Indicator is a device or an instrument that indicates the condition and direction of a machine, trend, or human and animal behaviors which applies to any living organism.

Both poor and wealth people utilize indicators as tell-tale sign of trouble, crisis, love interest, acceptance, danger or rebellious actions and behaviors or even suicidal thoughts. People also use such indicators to have shown where the market direction is heading towards.

People seeking love look for lonely people who don’t hang around others, or people who are doing their own things or may just hook up with any girls among their friends. Eyes, actions and behavior are the tell-tale signs if a person is in need of love etc.

Freedoms seekers naturally want success, money and get rich to go around travelling and enjoy what they like. They prefer to save money and spend it on themselves for self-gratification and satisfaction.

People seeking to climb the corporate ladder in employment will show signs of being super hard-working,  at times a loner not knowing the culture and environment of the workplace, and work hard hoping to get a promotion with purely hardwork, but it just don’t work that way. Instead it will backfire and have lots of work stacked and passed to the hardworking people who don’t think. Office politics, learn the indicators and survive the invisible war in office.

Money seekers than resort to gambling, stock exchange, fund managers to help manage their funds in return for commission, who will use certain stock indicators and instruments to predict and help the investors diversify their risk and increase returns.

Economist naturally look for all global market, financial and stock related indicators as a precautionary measure and to prevent crisis from happening by offering advice to bankers investors etc.

Whatever you do, be it for wealth, health, love or for money, there are different indicators to look out for. Just be more observant, and you will take notice of events which never once was obvious to you before.

Having said it, ask yourself what you want, and start identifying the indicators and find a solution to work one step closer to your goal, dream or vision.

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Balance is about equilibrium with equal distribution of weight distributor to achieve balance.

Everything must be balanced, and there must not be bias on any side but in reality, it isn’t possible to strike a balance unless we control our own source of income, wealth and time by working for ourselves and not for our boss.

At work, government across and all over the globe always talk about having a balance working life, which is nonsense, if they want to get paid via tax thus they have money, they have to think of ways to allow business to have more employees thus more tax will be received from everybody making them richer but not wealthier since government are not experts at wealth and financial management.

The true experts of wealth and financial management are the billionaires and multi-millionaires. Millionaires are not included in my theory because millionaires can be done alone with hard work while multi-millionaires cannot.

News reports of financial crisis, great depression, stock crisis, commodity shortage thus causing sky rocketed cost of food and basic ingredients such as sugar, salt, and oil at times are the solid proof that government leaders are just ordinary people like you and me in the streets. They know nothing about real wealth management. They can make mistakes and push the blame to somebody else by military or keep it within the walls of each respective country as top secrets etc, and the best part, they don’t get fired because they need to retain ‘talents’ who are just sadly ill-trained professionals who knows only theory but not practical experience whatsoever.

Such people in the government do not and will not know how to balance the equilibrium and will continue to make mistakes than push it to others, got let somebody be the scapegoat taking the blame while opening a back-door to the person who help them take the rap.

The Lehman Brothers is a typical example of ill trained professionals who cause the world economy to share the rap and consequences of their actions, sparking a crisis with more problems in western countries than Asian countries.

With US government using tax-payers money to bail out the companies that didn’t do a proper job to save employments, when this happens, it is debt sharing, and passing the debt to the majority of the people. Take the total sum of money USA used and divide among the US population, and you know on average how much a US citizen helps the government to pay off the debts, which is why the US presidential election is all about, getting the consent of every citizen for approval by votes.

In Asian countries, it is run with a slightly different practice, because of the lack of politicians, and leaders, whatever mistakes they made, it will be compromised because there are no successors to take over thus they can continue making mistakes and nobody can do anything because they lack the higher appointment to veto the politician out immediately. Business and politics will never be able to work together due to a conflict of interest and why Warren Buffett initially decline President Obama request to lead the US in terms of investment options.

At work, health and family, it is all about striking a balance but it is not possible to do it because not possible to do so as business is all about profits and family work balance must be compromised in order to meet quota set by the company and the management else face the risk of being fired.

The only possible way to attain work life and family plus health balance is to work for ourselves, and find alternative income source to have flexible work time, have a business system to have it running on automatic basis so to allow equal balance.

The alternative is via internet marketing, and multi-level marketing (MLM) which requires no boss, no fixed timing, efforts and pay are justified by the amount of commitment they put in which is why news articles in Singapore have mention successes in blogging stay home young mothers who are IT savvy. MLM however has created tremendous success that can’t be overlooked but it is treated with negativity thus people are not receptive to it.

Education is all about helping ourselves to earn more money, but why and how did people think that it’s only right to help boss earn money and not help themselves? Are you slapping yourself in the face? Wake up to the reality and face it. If you at any one time want to deny facts, you will be a loser and loser will only suffer in misery and nothing else.

Do you want to seek balance in live which will encourage good health or do you want to continue to work your guts out risking your health helping your boss get rich, and not helping yourself?

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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

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Shortcut is a shorter, quicker way to reach your destination on time if not early. It is a method, a procedure or policy used that reduces time, energy or effort to accomplish something.

Life is about moving ahead, enjoying the process. Growing up need not be boring following what we are expected to do, molding and fulfilling the regrets of our parents, siblings or even friends ambitions or dreams. It is all about yourself and yourself only.

The moment you descend onto earth from birth, you have the rights to rule your own life the way you want it to be. But the rights are only given to those who deserve the rights, to qualify for the rights to rule and own your own life, you have to first prove yourself and your own worth to others by being successful, so others who are weaker will and must submit to the stronger leader and be kept under their wings like it or not. It’s just the natural order of society, be it man, animals, reptiles, insects, germs etc.

Anybody who prove it, make it big are the true champions who earn the rights and respect to set their own rules for others to follow. Look at the government across the globe, most have earn their rights to rule the countries from the political ladder climb, with the votes entrusted on the president to do the right thing and making sure they deliver on their promises else they will not stand a chance to renew their term as a president.

Life is all about winning, being self-sufficient, learning to help one another. The more people you help, the more you benefit which is why in both religion regardless of countries, they all believe in their own god that the god/deity will help them and attain happiness in any situation or at least seek a inner peace in their hearts.

If you seek to learn and find shortcuts, what are you waiting for? I’ve being writing so much, you can just contact me, and I’ll show you where, how and who to learn from. Satisfaction guaranteed if not money back guarantee on condition that you’re committed to put in the hardwork and effort to grow together.

If you want to have shortcuts, learn from people who already know the shortcuts, don’t ask people who knows nothing (how you check for this, see what results, life they are living, and you’ll know), the only exception is when they know so much like me, but no results yet, you need to believe in faith and take calculated risk.

“Entrepreneurship is not risky. Being unprepared is risky.” – Robert T.Kiyosaki

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Queuing up is what we do practically everyday without fail.

We queue for practically everything, food, shopping, education, washroom and even paying bills needs to queue.  Queuing up is part and parcel of being poor or rich.

Being wealthy can greatly reduce the queuing process with just a phone call if not even jump queue or having top priority reservation for VIPs.

With great spending power comes great benefits, being wealthy and successful is the way to go. Lots of envy and stares will be cast on the wealthy people. Everywhere they go, heads will turn, looking and following their direction. That’s the inner shine that comes within and only exclusively from the wealthy and successful businessmen.

While majority take paid flights, they take chartered if not private jets for transportation everywhere they go to. Limousines waiting at the pick-up point at the airport, always ready, clothes never a issue, everything is prepared ready before hand with the help of their assistance ensuring everything goes smoothly.

Queuing up is only a behavior which poor and rich people do. If you want to jump queue, start looking around for ways to jump, if not take short-cuts else or learn whatever necessary from wealthy businessmen to learn and follow the path that the minority will take, due to the difference in wealthy people’s actions, and their calculated risk which might seem like impossible to the poor.

Obedience is the trait of queuing up, if you’re obedient, that means you’re destined to be poor, if you like to create your own rules, break rules, barriers, do it legally, in your own style and have everyone following what you do else let them “awe” with their jaws wide open making an impactful entrance.

Wealthy people never fail to leave a long lasting impression, even if it’s just one time, the next time same place might be vacant, but the first impression of wealthy is easily irreplaceable regardless of what happens, and with that thought will stay and haunt you more, creating stronger desire to have a bigger better place than what you personally felt. That will be what is required for people to have a wealthy mindset, first be in a situation, a dream, than ask yourself if you want to be in a similar situation if not better. If that’s what you desire, than work towards it, and there your process, commitment to achieving the potential results which you have seen and be in yourself will materialized and come to you if you put in all the hard-work, doing what is required etc.

Wealthy or poor, we are all human, the only difference is mindset and language, but hey, language isn’t a barrier to wealth, so all that’s left with is mindset, not forgetting gender. Look at the Forbes list, all the tycoons are billionaires and are guys.

There’re lots of reasons to why this has being the way, it’s due to genetics and education, thinking, and what is learnt and passed down. If you don’t have the genes and traits of being a wealthy person, than start changing you to be one, learn and do what the wealthy people do but stick to the basics and be practical within both your ability and budget. There’s also lots of books which talks about why males run the show and how females can learn and apply to, but not many ladies are even bothered to borrow those books.

If you seek wealth, success, start by learning to cut-queues, than find shortcuts, and use networks to speed up process, and use phone calls to seal the deal, no email, no msn, no technology stuffs to earn money, at least the top tycoons aren’t using technology to create wealth, so if you’re a technology savy person, make sure those are helping you to earn money, if it isn’t, perhaps you might want to reconsider on where you want to spend your money on.

Make the right choice. Do the right thing. Ensure it helps you build wealth.

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Endorsement is a agreement either between two individuals or between a company and an individual with celebrity-liked status with creditability, trust and reputation. He/she can be either an media artist, model or athlete and others.

Endorsement is just a simple business strategy which allows the company and business to leverage on the celebrity’s reputation and the trust which they have built with us through different Medias inclusive of their own effort and hard-work over the years. It is the act of getting paid to endorse products and that doesn’t mean the celebrity endorsing the product have to use the product himself/herself when endorsement agreements are carried out as long as the agreement of a highly remunerative compensation in return for the celebrity to endorse a product.

Celebrity endorsements can be taken likely with a pinch of salt because when the celebrity himself/herself don’t even use the product or is unable to use the product and services because of specific gender targeting, than the endorsement may create a curiosity among the customers and the public which is another strategy which businesses often do depending on the market they want to penetrate into.

The most recent case is Ris Low endorsing a condom brand – Zander Asia who is the distributor of the condom as reported in Channel News Asia. She has said in a morning live interview that she endorse the product condom purely because it promotes a healthy image, which most of us will agree, other queries or doubts with regards to this endorsement, lets leave it to you to discuss and think about it.

Business endorsement is another story and a completely different ball-game in this same aspect. When a business endorses a product or service, the firm is entrusting their reputation, creditability on the line for any business endorsements.

If in the event should a endorsement products or services failed to satisfy the customers’ needs and failed in delivering the promise, the business that’s endorses the product and services will instantly overnight facing huge business loses which will definitely implicate other business endorsement they have a hand into even if they are not related together with the company that pay the business for the endorsement deal together down in times of trouble.

An perfect example is Tiger Woods after the sex scandal for sex addiction and most brands has since removed him and terminated the endorsement contract with him. More details in Time website.

With such heavy risks, that is why not many, in fact only a handful of businesses out there are willing to put the business brand and reputation to endorse their products and services. The most successful business endorsement is Trump which belongs to Donald J.Trump a billionaire property investor.

The next time you decide to buy any products or services with endorsements, find out if there is any ambassador who took up the endorsement and if he/she is a businessmen/women or it’s a firm that’s endorsement the products and services.

If you find any businessmen especially successful ones personally endorsing any company, products or services, than don’t even think about it and jump right in joining them to earn wealth together if there’s ever an opportunity to work together with them. Businessmen access and do their own investigation for months first before any commitment etc so if they are happy with the results which risking their business reputation which could tarnish and collapse over night due to a silly mistake, they will jolly well make sure that this doesn’t happens.

Make the right choice in purchasing opportunity, products or services from businessmen endorsements rather than celebrity endorsements. Be smart, save money, and time and grab whatever opportunity that comes your way.

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Reputation is the key consideration factor when doing anything be it business, going into a relationship or investing on an individual or a company.

As simple as it sounds, it doesn’t looks easy to carry out. Reputation is an intangible asset which is in the balance sheet of profit and account statement which we treat it as branding. How much does the brand cost, and what is the difference between products which is branded versus a product which is new on the market.

A new product will take time to build a base of customers by offering services for value creation and giving customers more reasons and small gifts here and there to convince and persuade customers to change direction from a brand to another. Whoever is able to command a higher perceived value in the eyes of the customers wins until the next contender surface.

Business is all about reputation, creditability, and how much he/she can influence and make customers or even strangers take his/her word with complete trust and assurance without even an doubt in the individuals’ character or personality. That to me is build on mutual trust, and a unprecedented high level of trust will be build when quality is not compromised even in big companies and franchise models. This is the true value of trust which goes a long way.

It takes from months to years to build the trust in both the brand (business) and in the leader leading the company risking his/her reputation on the line with each and every step. One wrong move will result in overnight tumble just like when a professional explosive specialist has being given the go-ahead to push the button to detonate the explosives in a vacant building to give way to new property developments.

With reputation being placed on the line, every step we take with ourselves or with our business partners, colleagues and friends should be taken into consideration first and their credentials first before signing any agreement.

If in the event, there’s no trust and credentials yet, a guarantor and disclaimer policy can be put in place before you carry out any business campaigns. By first drawing a clear line between what’s yours and what’s not, you can be sure of what and how to react in times of problems should they try to push the blame to you? Always have a mutual black and white agreement with people whom you work with so once they commit, they will have to obliged by the terms and conditions set and follow throwing away any grey to black hat strategies which they have if you are not a push-over.

Devise your own terms and conditions before hand, get to know what potential problems you may encounter if you have a lot to lose considering you’re a influential successful person. If you’re a nobody, just go right in, learn whatever you can build your trust, reputation and credentials from the first project you do.

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