Ryan Ho's Entrepreneurship Blog

Brand is a symbol, name, slogan or anything that is used to identify and distinguish a specific product, service or business. A business without a brand is like a headless body with no identity.

It is the title; subject who tells the audience, clients and passer-bys what this business, product or service is about. Without a good brand, it will send a wrong signal to the clients affecting the revenue and profit of the business.

If done properly, the business will have brand equity, equity, intangible asset, trademark and many others. It symbolized the quality assurance, reputable, creditable business offering products and services which the customers will trust without a doubt.

It is what separates and distinguish between successful wealthy big businesses versus small scale businesses that do not know how to optimize and leverage on their brand.

Making money is simple, making tons of money is difficult and it boils down to the brand, business strategies and how it intends to sell itself to the market. There’s lots of considerations, but start business off with the right footing, brand yourself, your business, products and services first.

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Ownership is having legal rights of procession; proprietorship. It is to have the exclusive rights and control over property.

It involves multiple rights, from title to intellectual property, distribution rights, translation, print, copy, duplication, recording, transmission in whole or in part in any retrieval system or in any other permission related to the use of a product or property.

Having ownership of a proprietorship is akin to winning and having a money tree bearing fruits of money and increasing the owner’s wealth with deeper pockets.

Example: Having a great story, can be translated into a book, animation, video, drama series and movie or be converted into other mediums of products for instance bookmarks, gifts, clothes, or any other product which can be sold for money.

The world is our limit, as long as we the owners put on our thinking cap, wealth, money and riches will find their own way and crawl onto the owners if you know how to market and generate profits from your own products, knowledge of expertise which is exclusively only available to you yourself only.

There are thousands of ways to get rich, have you found your own method to make it big? Going from rags to riches is a simple but uphill task which is not easy without proper guidance.

Are you having any exclusive knowledge, product or information or idea that could propel you forward towards getting rich? Do you have great ideas but yet are clueless on how to market your ideas nor have any strategy to safeguard your intellectual property to prevent other people from stealing it away from you?

If that is the situation you are in, speak to me and I might be able to offer some advice to you upon request.

Getting rich and be successful is not a lonely journey, in fact you will need business partners and companions who will assist you on the voyage to your destination. It is up to you to decide if you want to win alone or win as a team so as to celebrate success together and share the happiness at the top rather than being alone with no one else by your side to share your joy and happiness.

It is simple but it is not easy. Speak to somebody whom you can trust for advice. See you at the top.

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Burden is complete opposite of responsibility. It is a form of negative responsibility or a troubling obligation. It is a load carried around with difficulty.

Separating the differences of responsibility and burden is what makes the rich and poor difference.

Rich turn every fault with a solution and benefit from it. They turn problems into solutions and close it as it is.

Poor on the other hand turn every fault into a new problem creating more problems and troubles which is related or associated with a fault thus implicating people who is linked with the event or incident. Those who fall into this poor category, will than turn a small problem into a big problem and create many more problems that than become a problem maker thus the poor get poorer day by day.

Within a family, watching the baby growing up from to a adult can be either a responsibility or a burden. Depending on how parents and grandparents who may help in taking care of the baby or child.

Rich people take care of their children as a form of responsibility within a limited period; giving only what they need thus they can better manage and be independent. This is the model way whereby it is tested proven and works for centuries, refer to documentary on how wild animals and beast take care of their babies and learn from them.

Poor people show care and concern for their children like a burden that will last till they die without time limit. They always try to shield their children from dangers thus children grow up weaker day by day and become more dependent on their parents.

To get rich, wealthy and successful, you have to learn to be independent, seek assistance instead of help.

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Responsibility is an obligation that everybody has in different degree and duties.

It is be accountable, and be responsible for personal action by means of being reliable and dependable. It is the duty which every one of us has since birth. The complete opposite of responsibility is burden which all of us have as well.

There are numerous kinds of responsibilities entrusted to different individuals depending on their status, role and position. Social, moral, corporate, media, individual, professional, cabinet and ministerial responsibility is just some examples of the variations of responsibilities. I will write about the root of responsibility which boils down to individual responsibility.

Individual responsibility changes with time as we grow older and taking different roles and status depending on our personal development.

A duty of a baby to teenager is to grow up strong healthy and do their parents and family proud. The duty of a adult is to ensure that he/she in turn take care of their parents who help groomed them to who they are as an adult. As parents and grandparents, it is to ensure that their children grows up strong, independent with good grades to support themselves and their own newly formed family and also their parents and in-laws plus grandparents if financial ability permits them to do so.

In order to be accountable, and responsible for one’s actions, he/she must be given the right education knowledge and guidance to grow up into a fine example or as a role model.  While responsibility is a topic which no schools will talk and teach, it is what we learn as we grow, that helps us individuals understand the real definition of responsibility or each of their own duties and the roles they have play.

Experiences and knowledge help shape responsibility of an individual, given the wrong guidance, a child will learn about increasing burden than responsibility and increasing troubles and problems affecting the surrounding people slowing down their individual progress or growth in whatever areas.

Schools may be taught the word responsibility but it is only done on the very surface of that word without in depth studies on it as it varies from people to people thus it is largely learn based on experience.

Rich people have more areas to take note as compared to the poor people who in turn is dependent on people for help without helping themselves.

If you want to get rich, wealthy and successful, make sure you understand the real essence of being responsible which is further divided into two words which I have written above and that is to be reliable and dependable which sums up the whole of responsibility.

Have a clear understanding from anyway possible if you want to be rich and successful. The poor is getting poorer day by day due to the fact that they push away their individual responsibilities and make it a burden of their families and relatives thus they are poor.

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Tiger Woods the first billionaire athletic who is now back to a multi millionaire thanks to his scandals.

The scandals and his wife have one thing in common, ladies. From the start of the scandal, his wife chasing after Woods with a golf club which caused Woods to crash a fire hydrant and sent to hospital which lead to a sex scandal which involves numerous number of women from different professions.

Woods can become a billionaire is due to his ability to market himself and his skill and not discounting the fact that he knows how to manage his wealth. To become a wealthy successful person, one must learn basic accounting knowledge which is essential and the fundamentals are same on money management.

Considering the zeros differences, there will be slight difference in how money is being managed to grow the money instead of losing money. Yesterday in Straits Time, Woods was labeled as a Cheapskate by one of the ladies associated in the Tiger Woods scandal for only buying her a sandwich and not to provide for her financially.

With regards to that, I am in full support of how Woods managed his financial statements and looking at the profit and loss statement on anything and he is a good accountant himself to manage it well as a matter of fact.

By not providing for the lady financially, it is simple investment knowledge not to invest in a losing property or entity which will only drain your money away like a leaking tap or a faulty water dam depending on the number of zeros investors are talking about.

Providing financially for that lady not only will incur losses in short, mid and even long term.

Short term, the lady’s appetite for financial support will burn a hole.

Mid term will be that the profit and loss statement is going from blue to red tabs and it gets only darker blood red.

Long term is due to the business implications on the brand of Tiger Woods picking up the bills for another lady who is not his wife which will lead to companies losing trust and withdrawing from Woods earlier than expected if he did the wrong choice of providing financially for that lady.

On the other hand, Woods have being paying millions to hope savage his relationship with his wife, Elin Nordegren is a smart choice which has short, mid and long term benefits.

Short term is that he increases his own relationship bonding and trust among his friends, relatives and business partners as a complete model family and as somebody to look up to. With a family as emotional support, he can easily discount the work stress and replace it with family love, support plus care and concern which has immediate benefits.

Mid term is that with a complete family image, businesses will want to associate themselves with people who are already successful themselves and are setting a good role model example for the majority. To top things up, he is a expert marketer himself in his golf skills on top of a blissful supportive family prior to the scandal broke out. Combining both role models and his marketing skills of himself, he opens up new invitations for appearance which is his residual income source.

Long term benefits are tied together with business endorsements, representing various brands for their prestige, creditability and association with somebody trustworthy which is long term passive income for doing absolutely nothing. All that Woods needs to do is to behave himself which he did until the scandal broke out.

Financial management requires a basic understanding of accounting and the ability to foresee short to long term benefits before venturing into any investments, which includes in providing financially for ladies in this case study.

If you want to get rich, start first by learning how to better manage your money without professional assistance.

“It is easy to have principles when you are rich. The important thing is to have principles when you are poor” – Ray Kroc

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Upgrade is a replacement of a product with a newer version of the same product. It is handed out as a reward for completed a task, an assignment, for a successful project.

With new upgrades, more features, user experience more benefits and cut down on time processes which may not have being possible without a new upgrade of product.

While everybody upgrades, there is one crucial element of upgrade process which majority of the people failed to upgrade which caused them to be caught up in a fix income range unable to increase or grow their income even if they change employment to a higher paying job, and they are still is unable to save money or save up enough capital for investments to grow their money.

In a product upgrading process; example a technology hardware; computer or notebook, for it to have better audio, visual graphics, faster batter performance and durability of power with longer use in battery mode, all these features requires upgrading of existing core supporting chips and processors inside the hardware so as to support a new upgraded product. Upgrading of chips and processors are the core backbone and what is required for a new graduated product to function well without breaking down halfway.

Without the backbone supporting the newly upgraded and enhanced products, there is no way a new product without core backbone upgrade will even work or last due to lack of primary support system. This is exactly the situation which I see not only in Singapore but all over the world, this is a global problem which needs to be addressed. This is the crux of the problem which it seems impossible to take the leap of faith and jump from rags to riches.

People who want to grow their wealth should first upgrade their own mind, throwing away counter-productive information stored inside their heads and replacing it with new information which will assist them in growing their money and wealth.

It is equivalent to trying to put a Formula One race car engine into a normal civilian car not meant for racing; the engine just doesn’t fit into the car body. Because of the vast difference in the support, tuning, size and many other parts needed to support a Formula One race car engine, a civilian car cannot support the engine nor can it even accommodate the engine, thus it will not even move forward.

It is the same in people. As we seek growth, we need mental growth and upgrades as well, without it, we will not be able to have the necessary skills to management finances, and property issues which will definitely help increase our money and wealth.

Look at lawyers, financial, insurance and property agents, they understand this fact, thus they went on to learn whatever is required to help them better managed their financial statements, accounts which will have a positive effect on their bill statement if done correctly.

It is precisely this issue with majority of the poor people that cause them themselves to be in the poor social class, the reluctance of self-upgrade, thinking that the rich always wants to trick them into believing what they think is evil.

In fact, to get rich, it is a necessity to be brainwashed inside out, but done correctly, you will be able to think and analyze stuffs like how I think right now. Read my previous blog entries and see the difference in how you and I think.

The difference in thinking and perspective is what determines a successful and a failure including some other factors. Get somebody to brainwash your mind positively, and it doesn’t even cost you a single penny, if you want to save money, just read and follow my blog for FREE POSITIVE BRAINWASHING of yourself.

You may be upgrading your own technology gadgets, home, but are you upgrading your own mental thoughts to better equip yourself with the abilities and knowledge to manage your own money and wealth? If you want to learn how, read my blog and ask questions.

Put on your thinking cap!!

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Growth is a constant which we experience everyday and every second.

It refers to an increase in quantity over time which can be physical or abstract. It is the gradual increase and the act of process.

Man, animals insects and living organisms are growing every second and growing positively, but why are there so many people who seek growth negatively?

With growth, comes wealth, following closely behind will be success and power. We grow up wiser and smarter with time and it is a gradual process.

Are people really growing positively or negatively?

Wealthy and successful people are doing it correctly but the poor are totally learning, embracing teachings, education which is completely wrong thus the negative growth into debts, problems, and requesting for help and assistance.

Look at those who are educating the poor, people should learn from their elders, follow what they are doing and not doing what they are telling.

Elders refer to the government, politicians, even terrorists who are guiding and telling their followers what to do. They are getting rich (but not wealthy and successful), so to get rich, we need to do what they are doing, instead of doing things which they tell us to do, which are things that they are not doing it themselves.

If you want to get rich, copy what the rich is doing, do not do what they are not doing. It is a simple recipe to duplicate success.  If you want to be wealthy and successful, get a mentor and proper coaching who can guide you in the right direction. If you find a wrong coach, you are screwed!

We all need to grow and constantly improve, not to make ourselves in worse situation. Make sure you learn from the right people.

“Are you green and growing or ripe and rotting?” – Ray Kroc, MacDonald’s Entrepreneur.

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Money can be anything that is accepted as a payment for goods, services and repayment of debts. It can be in gold, silver, or other metal pieces of convenient form stamped by public authority and issued as a medium of exchange and a measure value.

It is tool, a double edge weapon, which both the rich and poor people use for different purposes.

Rich, wealthy and successful people use it to benefit more people via charity, sponsorship, and philanthropy purposes, and not forgetting by being generous, it also helps to reduce the tax payment thus businesses never fails to donate and do their part for charity. There are so much advantages to doing charity.

Poor people on the other hand use money as a weapon, to put themselves only to more harm via what everybody knows of the lack of financial knowledge and proper financial management. It is more about understanding the basics of money management, the returns on investment which differentiates the wealthy and the poor.

Wealthy invest while poor spend their money.

Invest for growth, using money as a seed, fertilizer to grow more money trees via business acquisitions etc.

Spending money only increase the debts, liabilities and more financial woes to surface with time and encouraging of bad habits.

You don’t need to pay school fees to learn how to manage money, you just need to think right and start from the basics and go in the right direction and get the right coaching from mentors who will give you more examples on how to increase your wealth.

Coaching is only applicable to successful businessmen and not financial wealth managers who are employees who are not trained to do so, even if they are trained by banks, they are just trained to use money to roll money, but they are not trained in using little or no money to grow money.

So if you want to grow your money tree to be strong and healthy, find yourself a coach and learn from them. If you are a cheapo like me previously, just stay tune to my blog or website for more examples and understand the difference in thinking which should be able to help you get a better idea of money management without paying a single cent.

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Abandon is to leave completely; forsake utterly; dessert; to give up, discontinue and withdraw from. Most of will naturally come to think of abandon ship. It is a natural instinct of survival.

It is the most decisive decision which everyone will have to make in order for survival, especially when lives are at risk. No body will want to sink down together with the ship.

In marriage, divorce happens when either one of the party refused to give in or change the negative habit example gambling, thus most wives leave the family for a better life on her own outside resulting in broken family.

In business, partners will abandon each other in times of trouble. That is when business fall into pieces. Companies will fire any unproductive or under performing employees to reduce overheads. It is not harsh, it is just the natural law of survival, thus unemployment issue is always there in every single country without fail.

Survival is about the sacrifice of a person for the purpose of allowing more people to survive thus abandonment is always happening around us.

In the rich and poor example, especially in families, rich, wealthy and successful people isolate and distant themselves from their poor unproductive family members purely for survival, and it is not at all cruel. It’s just facts.

In the process of entrepreneurship, such people already have tried their ways to convince, and encourage their close ones to change and work hand in hand together with them, but if they always end up in disagreement and unhappiness, there is no way both parties can come to a conclusion especially when it comes to financial planning and budgeting issue, thus poor and rich will always have a clear line separating them, because of the clear distinct difference in financial knowledge and understanding.

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Disdain is to look upon or treat with contempt, despise or scorn a feeling of contempt for anything regarded as unworthy.

It is not a pleasant state of mind to look down on something, somebody or ourselves. People who do embrace disdain, are the people who are complaining of no money, money not enough, get a job work hard and get paid; those kind of mentality are what makes the majority of the population.

On the other hand, the successful and wealthy people accept themselves, and have admiration for even more successful individuals wanting to be like them, thus the rich always hangs around with one another while the poor does the same also.

People, who look down on themselves and others, are not helping themselves and instead is dragging themselves gradually into poverty social circle, restricting themselves of each of our own rightful wealth and success.

Every single one of us are winners and champions, the moment we were given lives in the womb, we were already champions because we beat the other millions of sperm and thus life was formed.

Success is not determined by birth, family, social status. If you seek success, it will be yours eventually if you work hard and are committed to doing so.

We should not listen to non-constructive comments and hang around with people who are not helping each other to improve ourselves. We should hang around with people who are honest, straight-forward with feedbacks so we can learn and improve everyday and every second.

Average people of the majority is contented with living in a unrealistic world thus they only think of study hard, work hard and get paid, depriving themselves of the possibility of success.

Think and act like a champion, and one day, you will emerge as a champion in your own niche with passion as your fuel to success.

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