Ryan Ho's Entrepreneurship Blog

Blogging on topics revolving around entrepreneurship.

May-25-11

Platform

posted by ryan

High Heels Picture

Platform is the place whereby a person, group or businesses stands on and decides if they want to take the next step forward into their area of specialties.

Just like the high heels picture above, it is meant o give a lady a higher point of view, increase and help the lady look much taller, while highlighting the slender beautiful legs. High heels with well toned legs looks best when they are walking, or seated down for a pose during a photo-shoot. Platform is like high heels, giving the person a clearer picture of what an individual or group’s capabilities and showcasing it the the others if done the right way.

It is not like a stage, where performers perform and showcase their talents nor skills but rather a place, just a spot similarly to a cross junction whereby the person if not the leader of the group or business owner decides which road to take and than move forward deeper into their niche/market.

That is used when a person or a group decides on what is their goal and finding the right direction, the shortest possible route to reach their destination as soon as possible with the least amount of time. In order to do so, the person making the decision, must first have a clear idea of his or their group’s common vision. It just gives a user/person who is standing on a platform a clearer picture who he/she/they have on hand at their disposal before moving onto the next step.

Vision is like the future, to work towards a better brighter future of prospects, they must know what their core strengths and weaknesses are and choose the suitable route which allows individuals as well as team members to collectively display their strengths and with each others’ help compliment team members’ weakness as a group or organization for better results, performance and efficiency.

To have a clear vision, each individual must have already identified their own expertise so put the discussion and lay it out on the table to see how one another can help each other achieve success together on multiple areas with collaboration.

In short, every single individual must know what they will be doing, how they can contribute and be part of the formulation of success as a journey to create growing performance and results for themselves as well as for the business entity. Having said that, it is therefore paramount status that everybody knows their own identity.

If you don’t know it, start asking and find out what is your real identity and how you can tap on your skills experience and bring value to the others. That way you will clearly know how to get from rags to riches. Always be clear or what you are doing.

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February-24-10

Adaptation

posted by ryan

Adaptation is the evolutionary process whereby a population makes chances to become better suited for to its habitat. It is a process rather than physical changes, even if there is; it takes generations to gradually change.

It is required and important for any living thing’s survival which includes you and I who is working hard to brining the bread home to fill our stomach and than our desire for those entrepreneur individuals who seek success.

It is the ability to identify weakness, make slight or drastic changes if it’s life threatening for survival. Only when we adapt to change, than can we improve, and achieve better results than our seniors and people who have done it earlier than us.

Like Olympic swimming, the swim suit is becoming more of the technology dope to replace the drug doping which will result in disqualification for competitors.

We must adapt to new chances, embracing new habits and behaviors, thoughts which is beneficial and throw away what is not in our mind.

A perfect example of adaptation is Apple company, who embrace the technology chance and adapts perfectly that allows iPhone to have the second largest market share with a global presence, following closely behind Nokia who is one of the pioneers in telephones, with the risk of getting obsolete if they don’t make any changes.

Change for the better, not for the worse. Keep updated with chances, but if you don’t like to stay updated, than going property which is nearly technology bullet proof and is the one method which created billionaires in the Forbes ranking.

“Change We Can Believe In” – US President Barack Obama, Nobel Prize Winner

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-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.

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