Ryan Ho's Entrepreneurship Blog

Blogging on topics revolving around entrepreneurship.

February-5-10

Foresight

posted by ryan

Foresight is the foreseeing into the future. With the relevant knowledge, linking up what events, society trends, lifestyle is heading towards in the form of trend and to look forward more by just a few years ahead of business rivals and competitors to gain the competitive advantage of manufacturing, producing gadgets which will whoa customers, cool geeky, sleek, information technology enthusiast will want to get their hands on.

Foresight need not decades of planning, it just requires two-three steps ahead of business competitors. Look at Apple co-founder, Steve Jobs one who revolutionalized the new era of computers, notebooks, and other electronic gadgets for maximum portability.

No longer is it a necessity to have a CPU (central processing unit), monitor and keyboard plus a mouse to make a complete set of operational computer. Now all it needs is a tablet, with touch-screen keyboard, monitor, CPU and even mouse all integrated into one single product which is an excellent idea for maximum portability, convenience for the consumers.

Giving what the customers wants, convenience, portable, cost efficient and productive and multiple functions for convenience and easy storage is exactly what information technology is all about.

From computers to notebooks to palm-top, MP3, MP4, PSP to 3G phones to iPhones. All those are just a natural progression of product cycle life. Innovation and foresight is so important that you can’t do without it. So observe what’s happening around you and who knows you will have a billion dollar idea which you can capitalize on when the time is ripe, with all the right ingredients, soil, elements, environment, farmer, water, right and timing.

Be at the right place at the right time and you will be the next winner. Opportunities are everywhere and anywhere, it solely depends on how you capitalize on your ideas for profit and how it benefits the people around you and the community.

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February-5-10

Vision

posted by ryan

Vision is the act or power of anticipating what will or may come to be often said that entrepreneurs are visionaries. It is a vivid imaginative conception or anticipation with visions of wealth and glory.

Vision isn’t possible without dreams. Only with dreams than vision is possible. Dreams are the catalyst to react with action, application to form a vision which an entrepreneur sees.

Dreams cannot be shared it’s just all in the mind playing games only. Vision on the other hand is different. Once a vision is shared among a group of like-minded people, it creates a collective group of people working towards a common goal. A team is formed, and with more people having the same goal, its influence is greater and denser with the ability to influence more people to accept their vision and work together towards a common and greater goal of success.

Visions are the catalyst to entrepreneurship. If you can’t see yourself to be on the top sharing successes helping others who helped you, than there’s no joy in reaching the top if nobody is celebrating your success together with you as a group.

At times when the vision seems too far-fetch, than entrepreneurs will use another term, foresights, seeing what is to become in future tense and drawing up steps on how to make it a reality by implementing steps necessary and gradually to morph it into a reality with time and patience.

Vision works well with foresight, one who can looks into the future, identify the future, shape it will be the winner. Look at Bill Gates, one a college drop-out now a billionaire having his computer operating system in majority of the computers worldwide until the rise of the Apple Mac-book Steve Jobs the founder of Apple computer and forerunners of super cool information technology processes and ideas.

If visions don’t work, work on foresight instead, it is something that is much closer and has higher possibility than visions which some people might think it’s impossible.

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