Ryan Ho's Entrepreneurship Blog

Blogging on topics revolving around entrepreneurship.

February-4-10

Fashion Trends or Fads

posted by ryan

Fashion is a customer style of dressing showing etiquette, and for socializing purpose.

Trend is a direction, a course which leads from a one style to another upgraded style similar if not better than earlier style and taste.

Fad is a temporary fashion which is followed by a group not making big impacts.

Fashion trends are always hanging around us, and in some instances, keeping up with fashion trend is not a healthy sign nor is it good education for both healthy and mental well-being which creates more profit for businesses at the expense of making customers get poorer as they shop more following fashion trends.

Fashion Fad is a temporary fashion adopted by only a small group of individuals not affecting the majority for businessmen to take notice and benefit from the fad in anyway possible.

There are lots of examples for us to learn from.

No Rules: A t-shirt brand which had previously caused a fashion craze to be part of the wearer among the teenagers. Wearers of this t-shirt somehow have the feeling that rules need not be observed, which is why people wearing those shirts are more daring to express themselves leading getting trouble with the law.

Quick Silver: Another brand which rides on the success of the wagon of No Rules and just after short period of No Rule’s increasing popularity, then Quick Silver came into the picture. They had the same appeal to the teenagers, without making much of the impact as compared to the first mover who has the advantage.

Skirts: In the past when I was still young, the shortest length of skirt maximal length will be stopped at the knee. In older generation it has to be completely covering the whole legs from butt to the ankles revealing only the feet for wearing of shoes. With time and media coverage on overseas fashion propaganda, ladies are taught to  think that revealing more and more is good, looks great on them using the beauty weakness of ladies to start the trend and profiting from this trend.

Look at what the fashion trend is now presently, short skirts, mini skirts, shorts, some even so short that a shirt can easily cover the skirt or shorts, giving the impression on guys that these ladies are attracting lots of un-wanted and unnecessary attention which result in molesting, raping and more social problems happen. With increase exposure in revealing themselves for beauty purpose, lots of teenagers suffer the consequences in sex, pregnancy etc, all thanks to nonetheless fashion trend which started the ball rolling.

With the trend going from long to short and ever shorter, it’s not good for health. If you watch documentary, you will know that our body is designed to lose heat faster so the lesser/shorter you wear, the more money you will pay for extra clothes which reveals your sex appeal for beauty conscious ladies which is the area whereby businessmen profit from.

If you are a parent, learn to look out for signs to communicate with your children else if you don’t know what to do nor share with them, get them to read my blog else wait for my eBook. Help me with comments, so I can reveal more strategies that businessmen profit at the expense of us, the average people on a Just over broke (JOB) situation

Remember what values and culture do you want your children to grow up in? Think about it. I hope you found and realize something which you didn’t’. Comments are greatly appreciated. Thank You.

Popularity: 1% [?]

January-31-10

Benchmarking

posted by ryan

Benchmarking is a comparison of products in the market to allow a fellow competitor to have an in-depth understanding and awareness of the market information

Products and services are bench-marked accordingly to the different market segments which they are targeting as well. It also allows the company to identify the competitive advantages and disadvantages which they have.

It is a excellent strategy, but not necessarily a strategy that all businesses would consider to adopt in their own business model. Example, the top luxury brands do not use benchmarking, instead, they massively increase the price for the same product found available in the market.

The only difference this top luxury brands can commend the huge gap of price tag attracting a lot of green eyes are simply because they are the best in what they are doing.

Example: A diamond industry business specializing in diamond auctions where huge price tags are attached as compared to a diamond retailer.

Decide your company position, branding before you decide if you want to adopt this bench marking into your business.

Popularity: 1% [?]

January-27-10

Connection

posted by ryan

Connections are a term which has similar meanings with networking and are words both used in businesses.

In business, when businessmen go around the social hall mingling around, they are networking, introducing each other, getting to know one another and creating a strong network of people to ensure a smoother transition into areas which may require each other help in future.

Connections is a word which holds a stronger meaning to just networking. It is the bond that holds individuals together with trust and equals to meeting up, hanging around on a regular basis, thus being connected with wealthy individuals’ in particular successful millionaires as mentors, who also are connected to stronger multi-millionaires are essential.

People with lots of connections are the people who will be able to help you extend your wealth, the convenience the wealthy influential multi-millionaires have as compared to average income earners on the streets.

To be successful, in MLM, most people depend on the bridge to bridge the gap between a employee with Just Over Broke (J.O.B) situation to a adviser also known as a presenter who will be the connector in between the two strangers who knows you.

In business, connections is mostly all that is to it to success, wealthy people are connected, like what is being mention in the book “What Men don’t tell Women about Business” completely illustrates the point of connection among the super wealthy individuals who are traditional successful businessmen.

How they select new partners to work with are simple, just ask around for views, even in front of the presence of the individual, he/she who’s the center of the discussion will not even know the hidden meaning there is to successful businessmen blacklisting that particular individual without them even knowing. That in turn gave me new insights to how real successful businessmen works in the traditional setting, read that book, understand what goes on behind every phrase and short conversions which will tell them all about respective individuals.

Remember, long conversation is crap, its quality short, straight and unsuspecting conversations which are understood by other the successful businessmen which is Alpha Males in the book.

Time is precious, required for negotiations which in turn reduce the sales price thus converting to saving money. Everyone has the same twenty-four hours, how you maximize the twenty-four hours of your day is a skill which we need to master and what better way to learn and leverage by joining millionaires and learn their language, understanding and perspective of viewing a business, individuals etc.

To learn the skills that make a successful millionaire, you need to get a connector who will connect you to millionaires, be their apprentice and learn whatever you can learn like a sponge, and leverage on their financial capabilities to jump-start your path to success with the right tools, environment, coaching and connectors.

As there’s a saying, if you can’t beat them, join them. Like wise, if you can’t devise your own strategy on how to become rich and wealthy to be a self-made millionaire, than first go and learn from a self-made millionaire than devise your own methods by which I mean model your method after the tested proven successful model than add in your own enhancers to make the method easier.

Popularity: 1% [?]