Ryan Ho's Entrepreneurship Blog

Reading is the fastest, smartest, cost-effective strategy to boost our own knowledge and wisdom of employing different strategies in life.

Since i started reading self-improvement books and business related books couple of years back..I realized that there’s so much of an abundance of wealth and knowledge in books stored in libraries which does not cost a single penny to assess such information written by successful businessmen like Donald Trump, along with many other people.

How much we learn and absorb from the contents of the books depends on our own respective experience and exposure in life, at work and daily interaction with business operations and clients (people).

Knowing the theory will help a little, but having gone though the ordeal/experience of a worse case scenerio and re-reading similar incidents case studies mentioned in such books than will boost our acceptance, understanding and applying counter-measures in future to prevent a repeat of same mistake from happening twice.

It is a common knowledge that might have being forgotten due to the influx and fashion trend lead by information and technology for the fun and entertainment aspects..but for those individuals who are serious and sincere in amazing wealth (not money)…you better start reading..don’t depend on such technology gadgets, unless you’re making money from it. Else just ignore it.

Regardless of how technology evolve with times, reading is essential in personal development, learning history so as not to repeat the same mistakes made by our early generations. More soever in the financial, property, technology, commodities sector. In order not to repeat and face global crisis that makes lives miserable for the masses.

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Technology is the usage of knowledge of tools, techniques and crafts to communicate for convenience especially over long distances.

Modern technology has replaced old traditional media such as telephone, text messaging or short message system (SMS) and even blogging ever since the introduction of mirco-blogging which is more related to giving updates of personal details than to share ideas and thoughts.

No matter how much innovation and creativity are being created with modern technology, age old communication face to face will still be the strongest form of communication.

It is only when discussions are carried out in person, than are they able to melt or iron out disagreements, differences in thinking, ideology, principles, objectives, agenda before unanimously agreeing on a share vision for mutually beneficial terms and conditions.

While technology has increase the bonding of friends without meeting up in person, it only is able to tell us in one single aspect of communication which is the thoughts of what is in our mind that is written in social networking sites such as Facebook, Twitter, Youtube and many other social websites or even gadgets such as 3G phones etc.

The benefits of meeting up in person for discussion has got more benefits in fact which most civilians will not notice either way because only businessmen or owners will testify to those benefits.

In a person to person boardroom, group, or private meeting, there are many other ways in which we can communicate and understand both parties’ interests clearly without many words used.

Within a short effective one hour group discussion of meeting, there will be discussions, disagreements are ironed out instantly without waiting increasing the lag time. The tone, facial and body expression will tell the receiver even more details about the real intentions, thoughts and observations during the conversation thus making an accurate decision as compared to a casual discussion online.

Social websites can create the common bond, but it is the bonding of trust and chemistry that is only created during inter-personal interaction that brings the gap one step closer to one another.

Technology at the end of the day should be used as a secondary communication channel only for keeping in contact with people who each of us are not really close to, but primary communication still stands and is technology proof, interpersonal communication is still what works best.

It’s a fact; if not why would couples want to meet in person to know the other half instead of meeting, chatting with each other online until the critical stage of marriage than meet. It is a fact which we cannot deny and cannot escape; bonding is created only at interpersonal level and not via technology usage.

Embrace technology and put them to good use, but do not let it be used as an excuse not to meet friends in real life. Communication is what holds people together and it should be done in person.

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Black is result of the lack of light. In the absence of light, it is complete darkness in pitch black.

There are many words associated with black or darkness. Negativity, underground groups such as gangsters, mafias, criminals along with other natural habitat creatures such as bats, underground, caves and explorers often risk death trying to venture into the unknown.

Darkness is not considered to be anything negative but rather it is just another kind of living habitat which is not suitable for most of the living organisms.

Only the creatures with the strongest will power will survive and evolve to change themselves and learn the ropes of survival in complete darkness, in this case a cave.

Having just watched “Planet Earth” from channel U, while it seems dark and creepy looking at the caves from the outside where there’s light, pitch black never fails to give off a sense of misery which attracts dare devils to test out their guts.

Thanks to modern technology and the documentary shows, it is possible to understand and be mesmerized by the allure of the hidden beauty in complete darkness under within the cave.

As the common sayings goes: The most beautiful is often the most lethal and deadly which is true in nature, cave exploration has got its high risk and is filled with nothing but danger, especially if you decide to explore under water.

It is when you live and learn the rules of survival in the darkness, depending on your senses for food and your life that makes it much easier for you to survive out in the wild when there’s light.

Survival is a testament of certain success, regardless of whatever situation and environment, even if it is pitch dark, one must learn and navigate through the routes and find the way out.

The creatures living in darkness and daylight both have their own ways of survival, but man on the other hand can survive both in light and in complete darkness thanks to technology and learning some crucial survival skills.

While we are mesmerized by the beauty of nature we also must respect nature. Likewise, to live, succeed and win, we need to learn the rules of survival in a highly competitive society just like how cave creates evolve through thousands of generations to lose their eyes and be born blind.

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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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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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Savings are the conservation of money, to save and conserve for a clause, example for a rainy rain.

Saving is a good habit but not necessarily a positive habit. Starting as young as kids, parents were taught to pass and impart the knowledge and importance of savings to their kids but not investment. Thus everyone across the globe knows the importance of savings but not investment.

The poor will impart the good habit of savings for a rainy day idea to their kids and they will save every single penny in their whole life without any changes to the knowledge that was imparted to the kids.

The wealthy will impart investment habit to their kids in different learning examples, coming up with games, learning lessons to increase their knowledge of doubling their start up capital to generate more income.

If there’s no external new knowledge being passed to the kids who are growing up in a savings mindset family, the future of the kids’ family will suffer, more unhappiness will follow, something which I realized long ago but it only stuck and was imprinted in my mind only today thus this blog entry.

As a kid, it’s good to save, so when they grow up, they have a starting pool of piggy bank to for investment into a business, but parents often just stop their financial education to their kids once they see that their kids are doing well, stopping halfway, without telling them the core idea and importance of savings.

Savings from young is to start accumulating a bucket of gold, than when the time is ripe, with sufficient funds, than their first bucket of gold should be used for investment purpose and must learn the steps to investment.

Parents failed to impart the knowledge of investment to their child solely because they neither lack the knowledge nor know-how to go about investment, thus in the adulthood stage, when poor mindset people start working, the problem of having a mindset savings snowballs into a bigger problem, creating lots of unhappiness and life living in misery.

Young kids can save, as they have not much items or gadgets which they need to buy, if proper discipline is being used and proper knowledge of financial management has being passed down to their kids.

Saving money as a teenager than starts to become a problem, with lots of temptations, peer pressure, and the fear of being bullied, left out/behind in a fashion savvy or technology updated group of peers. Teenagers will than experience more difficultly in saving any money.

Adulthood and beyond are the worse section and experience which a person will experience if he/she were to continue saving money and not learning the how-to to invest. Having seen different parents, family members, relatives (even those who are living a landed property) are saving as much as possible, making them look more like a cheapskate and not a thrifty person.

Cheapskate is one who will collect, take back small little free items from restaurants, hotels, air-planes when they either dine out if not are on a holiday vacation. Not willing to part with small money will not lead to big money which is needed in investment. The worse and unhealthy example of being a cheapskate is to wash those microwavable Tupperware after use to repeat use them. I’m concern about using them over again since it’s plastic and it chemicals will more or less leave some scent and taste with the food, plus health reasons.

Adults who are near if not already classified in the seniors age above fifty years old have even worse saving habits which are the cause of family unhappiness too, picking up redundant habits which only make matters worse than better thus elder folks are either unable to live happily with their children and grandchildren.

When grandparents’ saving ideology worsen and degrades into scrimping and squeezing every single possible cent out from any offer etc, now that is a saving behavior and mindset gone completely wrong and children can’t accept nor understand the changes thus they just move out.

Ugly saving ideas and behaviors such as plastic bags, starting form the aunties group all the way to grandmothers, whatever they do, wet market, super market, dinning in or out, plastic bags are the sure take item and they take lots of it. Taking back empty boxes, paper cardboards, newspapers etc, all back home to safe-keep in case there’s a need one day for the box which still can be used to store things.

When they pick up the items, to them it’s saving money, but without proper arrangement, it transform into a house full of junk items and the grandparents or aunties are super reluctant to throw away the items which are junk in our eyes. Those items can be recycled in recycling centers and even for profit but elders are ignorant, they don’t know, so to help get rid of their ‘junk’, we need to sort and tidy it, than sell it away, money pass to them so they will keep quiet.

Next time if somebody teaches you to save money, look and observe what saving practice do they use themselves?  If it is savings to scrimping, don’t even follow. If it is savings to investment than you stick to that person and learn it well.

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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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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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Media is the means and platform whereby communications messages and ideas are being carried out and conversed to one another to reach the desired party from a person to the next person.

There are many variations of platforms which communications in different forms get the message passed to us. In keeping up with trends, internet and technology are tied hand in hand and these are the tools which it is widely used by different parties of individuals regardless of gender, wealth status and age group.

It comes from television, newspapers, radio, MP3, podcast, blogs, news release, accounting statements, conversations face to face, over a phone call, videos, short messaging service and body language, eye contact, artistic expression, music, culture, environment and many other platforms.

There’s only so much we can do to capture a specific audience but to increase market share to getting a bigger slice of the market, it’s all about mutual alliance, respect your competitors even if they have flaws, but the rules of the game to wealth and success are simple. Get to learn the unspoken rules required for success before you even attempt to declare claim your status and position at the top spot and gain recognition from the audience.

Success is only truly deserved when you earn it, when others and the majority if not the industry experts honors you with the title to be labeled as a successful individual.  Never ever attempt to break the cycle or you’ll be out of the game in no time without even knowing your own cause of death in the climb for success.

It’s all purely business, and observing the rules of the game. To be successful and rich, you need to learn to master the game, only when you’re the best of the best, than only can you have the ability to write your own rules and let others follow whatever rules you have set in the first place.

The winners of the respective media are making lots of money from advertisement ads at different pricing accordingly. Respective media owners will continue to do what’s best for them, but what’s best for them might not necessary be best for us. Bearing in mind that everyone has their own unique appeal that captures their target audience, so whatever is played, showed, read out, written in different forms are just part of propaganda. Take it with a pinch of salt, and don’t completely buy their idea wholesale. Put on our own respective thinking cap and think for ourselves.

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