Ryan Ho's Entrepreneurship Blog

Blogging on topics revolving around entrepreneurship.

February-20-10

Fast or Slow

posted by ryan

Fast is a word used to describe anything that is moving, functioning or have a quick; swift; rapid results.

It is also to firmly fix into a place that is not easily moved, to achieve a permanent lasting or unchangeable results.

Look at our daily activities where fast efficiency is strongly emphasis, who are the people who are really encouraging the order to be efficient, and who gains from being efficient? Take a look at any employment, businesses, and ask yourself that question.

What benefit did you yourself get when you are efficient at work? The project is delivered on time, the company makes the profit, which in turn increases the clients’ trust in the company who takes the credit, and get more projects in future. Do you have a instant pay rise for each successful project or assignment which you have completed at work? The answer is straight forward, NO WAY will you ever get fast pay increment for the profits you help the company and your employer makes.

In the employment world, employees are getting paid only less than ten percent of the total value of the profits they help deliver to the company and the business. From CEOs helping close billions worth of projects, their reward at year end, only a few millions around one to five million at most, which is less than one percent of the profit the CEO help the company made.

Such is the world of employment whereby if you want to earn fast money, simplest way is to work in an employment and get paid peanuts, thus job is always said to be in a Just Over Broke living on monthly salary.

Fast is not a good practice to begin with. We all seriously want to have a slow setting, look at the service line in particular the food and beverage industry. Do the high class restaurants and hotels rush the customers to finish the food fast or do small scale low class restaurants and coffee shops encourage this behavior? Providing quality service and comfort is the factor allowing businesses to make profits, not fast efficiency which will have negative impact on the business.

Even in the any food preparation for a dinner, in particular large scale dinner for a company event or wedding, it takes time again to do preparations for it. Weeks of planning, food tasting, budgeting, fine tuning the choice of dishes and ensuring quality so to deliver the final product on the day of the event which takes time and again, it must be done slowly to allow customer satisfaction.

In business, the person who takes the first mover advantage is usually the biggest winner even if other competitors jump into the arena, but the difference is, the former is prepared for the battle whereas the latter is totally unprepared and caught off guard by the sudden increase in demand for the certain business which brings in profits, without understanding anything, they throw in lots of investments, just to be on the bandwagon and the results are fatal.

Look at the Luohan Fish and Bubble Tea business which has died down in Singapore and is no longer as profitable as it once used to be. All these are fast business overnight but as fast as they come, the leave equally as fast too.

In health and medical science, there is again another clear example of being slow works better than fast.

The western preference of instant drugs and medications versus traditional Chinese Medicine via acupuncture practice which requires time to heal the patient with long period of time of session which is slow as compared to fast remedy of western drugs and medication which cannot heal but rather only delay the situation from getting any worse and it comes with side effects as well that caused a lot of problems surfacing with time.

With 5,000 years history of TCM (traditionally Chinese medicine using natural herbs) practice in China, western drugs and medication which is less than hundreds of years, there is absolutely no way that drugs in the form of medication made up of chemicals will do the body any good. In fact herbs and TCM via herbs and herb therapy can really heal a person from the root of the problem, but not drugs which just remove the tip of the ice berg only. Drugs only became popular at WWII when there were heavy casualties which are the only catalyst to fast remedy.

The only reason modern medical science is making way much more money and profits is because they are fast, and helps people who do not mind wasting more money paying for temporary solution which leads to side effects of another symptoms and health complications costing you more money.

If you are looking for permanent remedy to the root of the problem, seek TCM, likewise if you seek to accumulate wealth, be an entrepreneur, that starts from the mind and getting into the right thinking first before anything else.

If you want to make money, you go fast. If you want to make profits and accumulate wealth, you do it slow and that leads to entrepreneurship.

True the TRUE?? You decide.

Popularity: 1% [?]

February-20-10

Fellowship II

posted by ryan

Fellowship is the friendly companionship between friends, family and people and members in the same company, corporation or guild. It is the association of people having similar taste and interest who has form a group together.

It can also be based on a foundation for having awards and benefits for being in a corporation or guild working towards a common goal or purpose hand in hand together with helping one another.

There are two types of fellowship; one is purely for profits (money); the other one is for friendship and association and membership of a exclusive group.

Fellowship for money happens and forms when a group of like-minded people bond together, working hard to earn more money in the shortest period of time possible to satisfy their desire and needs thus they resort to fast quick methods etc which only makes them more busy without the time to enjoy their new hard earned money. Have money but no time to spend the money.

Fellowship for friendship is the one which everyone should be looking for. It is the building of alliance of respective individuals each with their entrepreneur business ideas working their own ways. In time to come, when individuals succeed, they who know each other previously and have help support one another in need, will become a force to be reckon with, building wealth, assets and lots of time to spare.

That is the secret to wealth and success, seek to form an alliance of like minded individuals, and encourage one another, so when companies are erected with each successful individuals, there’s more benefits to working together with trust that’s already built, and less time spend on unnecessary selling and negotiation about the details. Trust is the way and how things work. Abuse it once, and kiss goodbye to it forever.

If you have no idea what I’m talking about, read up this book on Starbucks, “Pour Your Heart Into It – How STARBUCKS Built A Company One Cup at a Time” by Howard Schultz and Dori Jones Yang.

Inside the book, it focus on getting to associate and know the right people to expand the business, some of which are partners whom they worked with together in the past.

Ask yourself what’s your passion, find and join a exclusive membership of an association of individuals each with their own vision but at the same time encouraging one another towards success.

The wealthy and successful people gets more wealth together with more time to spare while the poor gets more work load with less time to spare and it means to get busy and not time to spend the money he/she earn.

Do you want to be have both time and money (wealth) or do you want to have money but not time?

Pick either one of the above and work hard. Make the right choice, and choose a right mentor who can help you to succeed yet allowing you more time to increase your wealth by building more sources of income with one time effort, multiple times of profits.

“How you do anything is how you do everything” – T. Harv Eker

Popularity: 1% [?]

February-20-10

Passion

posted by ryan

Passion is a powerful emotion, a feeling or desire, a strong or extravagant fondness and enthusiasm for something. It is the immersed emotion and enthusiasm that allows hobbies to stay alive and keep doing it without expecting anything in return.

Passion is a interest in whatever a person does, be it a job, hobby that he/she does for a living and is so enthusiastic about it that they do not mind working over time, not getting paid for doing what they love.

An example will be to be involved in a relationship, younger teenagers these days get into boy girl relationship for various reasons, of which most are due to immaturity in mindset together with their curiousness on how it feels like to be in one.

Boys go into relationship for pride and ego, not wanting to lose out to their peers, they just want to find a easy partner and do whatever they want with sweet talking a girl into the trap in some cases.

Girls get into relationship to be loved, to seek attention from her partner to compensate for her lack of attention and focus from both her parents.

Don’t believe me? Just look back and think about it. In the passed, boy-girl relationship only starts around sixteen to eighteen years of age for the earliest if not matchmaking for marriage purpose.

Teenagers are able to follow the natural genetics order of growing more mature than look for relationship because they get the attention, care plus love and concern from their parents back than when there was it was still possible for a family to depend on a sole bread winner to support the family.

These days, thanks to competition, both parents have to work hard, less family time together, lack of love, care and concern is the crucial factor leading to boy girl relationship. Just look around the students, those born and blessed with loving parents who pay attention to their kids will not have the need nor want to even get into a relationship because their body, the genes knows that it is not yet the time for romance. Its within everybody in our blood.

Passion can help us to succeed if applied correctly. Artist for example as an occupation is a great example for people to integrate both their passion and art work together as one, so they don’t mind the low pay and lack of exposure from local markets.

Once you identified your own passion, things will get done go smoother for you even if you face obstacles, it will be resolved in a matter of time often it goes away with a new idea that pops up in your mind.

I blog and hang around forums to discuss and share tips in those medias because I enjoy what I am doing without bothered for the returns. When you start giving, you will somehow receive back something, it does not need to be in monetary forms. It can be happiness, sense of satisfaction that just gets you moving and wanting to help more people.

Blogging initially was plainly for a replacement of their personal diary which started few years back, and soon it evolved into a fashion trend and evolved into technology with people jumping in without knowing why they even want to be part of it.

From blogging to micro-blogging with the introduction of Twitter, those doing blogging are considered out-dated. I don’t really care about it, because they are following the trend, exposing their personal lives daily activities to strangers, letting them know of their actions, throwing away their privacy rights which is silly.

Mirco-blogging just to get updated, it is more of a self-expression of our own thoughts than to be silly enough to post pictures, activities that will attract predators to prey on gullible individuals brushing with law.

Passion is the enthusiasm, not a fashion fad but a fashion trend which will go on and on with the right results. Bloggers who had the right thoughts about the origins of it, used blogging to start doing their own business and succeed, of which those featured in newspapers are single young mummies and its something which people should learn from.

Don’t follow others for wanting to be in the bandwagon of crowd not to be left behind. Instead why not think about how to brand and sell yourself? How you can profit from your passion, with the correct advice and guidance, everything is possible as long as you are willing to take a step forward and learn from people who has the related skills and ability to share with you.

Starbucks is so successful today because the CEO is so passionate about offering top quality coffee.

Donald J.Trump is so successful because he enjoys doing what he likes and that is to build properties just like his dad.

Bill Gates is successful because he made his vision into a reality with the help of his mom.

Facebook founder Mark Elliot Zuckerberg started the social media site as his Harvard controversy of the project which started purely just to keep in touch with his classmates.

If you want to be the next successful individual, find coaches and mentors who will guide you along by the hand. I’ve found my mentors, have you found yours yet?

If in doubt about yourself and your passion, fee free to contact me and I’ll get back to you shortly after. Either way, you can leave your comments just right below.

Find your passion and live your life without regrets.

Seek happiness in whatever you’re doing and not to be in misery doing what you detest most just for money.  Passion will lead you to wealth and successful with the right mentor coaching. Work will only lead you to a fraction of money.

Spot the difference identify your own passion and work towards it.

Popularity: 1% [?]

February-19-10

Privilege

posted by ryan

Privilege is a special right, immunity, and exemptions granted to individuals by a authority or government. It is for a person to enjoy more than and beyond what is considered to be an advantage.

It is like a key that opens to a window of abundance of exemptions and immunity at different places.

Like celebrities have privileges like private invitations to fashion shows, events from big companies due to the relationship they have with media.

Successful businessmen enjoy better privileges than other people, shortcuts from banks, people, and different treatments. Look at the airlines and the difference in service treatments if you need an example.

Privilege is far more exclusive than having an advantage. An advantage can be anything, by just knowing a new strategy other a fellow business competitor, that is consider an advantage.

Having privilege means to have lots of shortcuts, crash course to the top faster saving time, effort and minimizing losses which is the most important with the right advice from fellow businessmen.

Do you have to have an advantage or are you looking forward to have a membership which has its own privileges?

Popularity: 1% [?]

February-19-10

Perfect

posted by ryan

Perfect is a word used to describe flawlessness and completeness, everybody and business aspire to be perfect but there’s no business or person who is perfect and it will not be possible.

The only way to be as close as getting perfect is to aim for perfection, excelling in products, customer service, before, during and after sales service including delivery, information counter, food etc.

To work towards perfection, is a uphill task but it is not impossible, with each feedback and complaints, there will always be rooms for improvements and thus to space to perfecting any business or person character and behavior.

To strive for perfection, is equivalent to aiming of the highest proficiency in skill or excellence in art or in a trait. In order to be close to perfect like a champion, first have to face a lot of obstacles, hurdles and learning to go against the tide and waves.

Like a deserving champion surfer paddling against the huge sea waves, duck dive together with the board to avoid being washed away by in incoming wave, and emerging in the after wave, sporting for the big signs of a big wave and working hard to ride top of the wave before surfing inside the barrel and coming out still surfing on the board before the barrel of close in on the surfer.

An occupation which can integrate both passion and business together, work towards perfection is  property, whereby the wealthy land developer builds his/her own dream home with the state of the art high tech facilities and amenities that everyone dream of.

In order to first learn the skill of perfection, we first have to learn to eliminate our own negative habits one by one which will take a long time, but it’s a worthy bargain with nothing to lose and a lot to gain with time.

There isn’t anything which is perfect, but we can work towards perfection and perfecting ourselves, environment any other things as long as it is within our abilities.

To succeed, master the skill of perfecting something, not to be perfect.

Popularity: unranked [?]

February-18-10

Freedom

posted by ryan

Freedom is the ability to do anything without being held back by the powers or ability or influence of anyone.

It is the ability to do as we wish without any limitations or obligations.

The older and wiser we grow up with time, the more freedom we seek. Freedom comes with a price, a heavy expensive price.

Expensive price is the reason wealthy and successful businessmen than can have the freedom.

People who are poor are trapped in their own invisible prison they built themselves. Working hard for a job, just getting paid peanuts, benefits being utilized greatly by employers it’s like rearing an elephant that can do so much work but only feeding it the required food and nothing additional beyond their diet.

People travel to break away from their barrier or prison which they built themselves. When they can’t afford for luxury items and expenditure, than will it be of a misery for such people.

When they are not able to fulfill their goals or give up, their determination changes to despair and with that feeling engraved in their mind, they than resort to negative methods to get what they want or they pay more than what they can afford to resulting in crimes and bankruptcy.

What hobbies you like determines the lifestyle you will live. It is similar to a pet owner buying a pet which he/her likes. With time and observation, you will notice that it is not coincidence that a pet owner purchases a pet displaying similar behaviors and habits like their owner. It is like a spoilt brat is all due to the failed upbringing of their parents who failed terribly to discipline and instill proper education to their children.

Look at the older generation of uncles in Singapore, those people who enjoy keeping singing birds in cages, taking them out on weekly basis to an area for singing birds to sing and show off their birds to others, thus making friends, deals of transaction etc. Hobbies to me are not only a simple affair, it is the reflection of your inner desire, the subconscious and your thinking, it has to do with psychology.

If you seek an expensive hobby and have strong desire and urge to realize it, than network and meet up with successful businessmen who can help you achieve your dreams of realizing your expensive hobby. It is only when you speak up your true desire, than your mind will really take it into serious consideration and the natural law of attraction (as shown in The Secrets) will automatically comes to you with opportunities, provided you must grab it tightly.

Only when you hang around with people who have attain such results deem impossible by many, than the odds of success increases and is on your side, because the successful people will not only encourage you, but also give you a helping hand when you show with actions and trust with time and commitment, the delegation to helping yourself first before anything else.

To the successful and wealthy businessmen, anything is possible as long as you work towards your goal whereas for the poor people, everything is impossible and beyond their reach plus the common phrase they always say, don’t be crazy, stop day-dreaming which only put them one more step closer to living with regrets and misery.

Do you want to fly like the eagle in the sky or do you want to craw on the ground like a centipede cutting each others throat for survival? Be magnificent and be admired or be a beautiful poisonous creature that nobody wants to avoid?

Popularity: 1% [?]

February-16-10

Revenge

posted by ryan

Revenge is to harmful action in response to a grievance. It is to let the wrongdoer suffer the same or greater pain than that which was originally inflicted for the suffering, pain, torture and humiliation a person has gone through.

Revenge falls into two types, positive and negative.

Negative revenge is whereby the sufferer is determined to get back to the wrongdoer paying any price to the extent of death and dragging the wrongdoer down together with the sufferer together.

Positive revenge is whereby the sufferer will undergo a complete transformation and shed of its previous skin, learn new business skills and traits whatever is required to succeed and topple the wrongdoer legally and get their hands back on the property, assets that the sufferer once possess if not for the wrongdoers actions.

Once the sufferer is ready to make the move for revenge, the land mines are all ready set and position in place, which is a method whereby all alpha males does but they do it so brilliantly that nobody except those who speak and know their language will understand with the help of their networks to other business partners thus blacklisting any individual who will serve as a treat to ruin their reputation which is why wealthy successful businessmen always hang around each other, helping one another.

Helping one another to succeed is the way and how things works, you can’t climb up the ranks by upsetting other people. Do your best to create all win situation, even in employment, it is a huge win to a win situation in a employer employee relationship thus when both sides are happy, they profit together even if the compensation isn’t really that equally distributed but at least everyone is ‘happy’.

To prevent employees from stealing or using trade secrets, make sure they are satisfied with the compensation to prevent employees turning their back against their former employer and stealing their business.

Whatever you do, do it gracefully without offending anybody, else when the time and opportunity comes, you who have a dark history will suffer the consequences of your actions previously.

Revenge can be the catalyst to entrepreneurship if done the correct way and with proper guidance and coaching.

Never be offensive unless and until provoked.

Popularity: 1% [?]

February-16-10

Small

posted by ryan

Small is what majority of the people don’t like, but in monetary size, it is welcomed by bankers, businessmen, designers and fashion professionals whereas average people like to have big bigger items and ownership thus they spend more.

The trail to wealth and successful starts from being small to big, from a small business and expand it into bigger business. Rich people start big, and grower bigger without learning the technician issues with starting from small thus they lack the foundation to go from small to big, and contribute to their failure to come back successful after once declared a bankrupt.

Look around the people who you know who invested capital into businesses. Those who jump into the boss category start by throwing in lots of hard earn savings from friends, family relatives and parents. They never once know the pains and labour of managing everything themselves, thus in the event should they want to cut cost, they don’t know how to do it themselves and thus with lots of weakness themselves, the business collapse and never picked up again.

Lost of trust and savings from their closed loved ones is part of the reason. Failure to cut cost is another reason, not knowing the basics and how the business really works from the insider trade secrets is the fatal flaw and the mistake which small business investors failed in.

In the world of property, starting small is essential, but recognize the fact of Singapore versus other countries, It is common for us and in Asia those developing countries to have big homes at a affordable price, needless to say, China has the largest yet extremely affordable price to those homes.

As Singapore economy progress, so does the homes, there are inflation which are obvious to people as home buyers but from gullible home buyers, they feel that it’s value for money, but due to demand and supply, buyers are ignorant of the facts thus they never fail to push the sales of property up and speculation etc.

Singapore property is going from average size to smaller size homes yet commanding a higher price tag, reason, lack of land, more demand for their own home, high demand not desired, low supply of desired homes thus there are huge demands for homes near their relatives etc and rules implemented to assist people to encourage family bonding etc.

Look at Singapore’s property market, the square feet of the home, previously average was 100+ square meters, now it is slowly reducing to slightly less than 100 square meters. Look into future, it will be super cramped and commanding a high price tag like Hong Kong a pigeon home all squeezed inside..else look at Russia first world economy status, their homes average square meters was only sixty square meters, extremely packed yet cost so much more.

Successful and wealthy businessmen always believe in “Less Is More” and this is true and will withstood the test of time, thus quality is always more important than quantity. Look at the different types of food business, markets, coffee shops and food courts are all offering affordable food that’s no longer cheap like few years back and they get more portion. They run the business longer than average, wants more customers with larger portions and serving for coffee shop business owners, to earn more, they earn by quantity thus they can’t offer quality.

Food and Beverage industry will know, increasing the business profits by setting a time limit of two hours for whole course of Chinese New Year set lunch or dinner package, some restaurants who wants to squeeze more profits than lower the limit to a hour so every hour, new batch of customers come in, their profits are up making huge profits during the Chinese New Year season.

If you look at high class restaurant, they however are super successful yet able to retain their high class standards and price without having the rush hour kind of environment because of the way they do business. The customers are king, no time limit, only appointment basis, once it’s fully booked, they will not make excuses to force customers to leave restaurant unless they are happy to leave. Never mind if the food portion is small, but the value of the food it commands is of high end standards and grade thus accountable and justified for the pricing thanks to benchmarking.

Paying more for class, service standards, ambiance and the luxury of time is what amounts to the difference between high-class restaurants versus average restaurants.

Look at different business model and how they operate and you will realize how wealth is really generated.

Popularity: 1% [?]

February-14-10

Balance

posted by ryan

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?

Popularity: 1% [?]

February-11-10

Shortcut

posted by ryan

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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