Ryan Ho's Entrepreneurship Blog

It’s my second day in the SharesXpert training and through out the training, i came to realize that the designing and optimization of the SharesXpert software has factored into most if not all of the business rules that I have learned to date, and more when it comes to eliminating the junk stocks and selecting the best stocks based on the integration of the software to make it a breeze for new stock traders to join the circle and trade like a pro without complex industry terms.

Below are a list of rules that I sort of realized as the trainer Fabian Lim talked shared with us on how the software was designed to do and help the traders have a easier life in trading.

1. Win Big, Lose Small

2. Know your own Risk Appetite

3. Be disciplined enough to follow the guidelines given

4. Never be greedy

5. Don’t invest in good investments, invest in excellent investment products.

6. Don’t go against the wave/tide (trend)

7. Rely only on tested proven methods, not untested.

8. Protect your profits against potential losses

9. Don’t get into a relationship with your investments > which could cloud and color business decisions

10. Monitor your investments and make adjustments accordingly to make intelligent to predict and protect against fluctuation beyond your control

Disclaimer: Majority of the rules above are based on what I personally think that would be helpful and are in no way taught during the training.

Use the rules at your own risk!!

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Wealth creation is actually very simple by just following step-by-step instructions, but it is never easily for a start as many people will tell you this.

Over my course of working, following my mentor, I was fortunate to witness the transformation and growth of how a profitable business help shape a millionaire. And from a millionaire, the rate of change at which the transformation was simply much faster than the climb up to the millionaire status.

The speed at which the business and the individual grows is minimally three times faster based on my humble one-sided observation.

What I have noticed during the process is that most people at the start of a journey is the most important step, without the correct mindset, 95 percent of the individuals will immediately drop out of the race after an effective period of 1 month.

Drop out reasons simply due to inability to do exactly as what they are told to do. In short- it is doing nothing.

Out of the remaining 5 percent, 3 percent will drop out after the third month. The last 2 percent, will have their success and failure confirmed after the 1st year of trying to do follow through what is taught and doing exactly as what they are told to do so. 1 percent out of the 2 percent will succeed either with profit or results, while the other 1 percent will again be eliminated due to failure to find their own compass, a direction whereby they know what to do, how to profit, and when to grow and multiply the profit accordingly.

Drop out reasons for the last 4 percent over the period of 1st year is simply due to greed, trying to follow and adopt multiple sources of income by signing up with more courses without even succeeding in any of the course yet and moving onto the next course, resulting in lost of focus, when there are many options for them to choose from.

The last 1 percent who made it pass the 1st year is than constantly tested and judged by on the ability to continue doing what they have being doing at least for a minimum period of 3 to 5 years without being losing focus.

What happens during the 2nd to the 5th year is the observation from potential investors, future business partners from far aside to judge if the person/entity is up to the standard of claiming to do what they peaches.

Consistency is being tested, ability to execute and deliver results is also being observed. Financial accounts of the state of both the individual (business owner), the entity as well as any employees and customers testimonials and reviews are being looked into and factored in as a consideration. Integrity, credentials, ability to defend and expand their own social sphere of influence are also being factored into.

It is only after the 5th year, that reputation has being established with deep roots (only applicable in the situation where financially sound entity).  During the 4th – 5th year, it is the networking, public relationship, bonding, and value, benefit exchange that is the focus, and being worked on, going to other businesses, helping each other grow, and sharing the money sources from the same pool of client database.

By sharing the money source, than are they able to tap onto each others database of qualified clients therefore increasing their sales closing by speaking to the right people with deep wallets.

Yes they do share their resources, as these type of qualified clients are more than willing to pay the following month, so that means the clients funds will never be exhausted. Unlike the poor where they keep all the secrets and money to themselves, thus their wealth can never out-grow that of a wealthy individual who has worked with other successful individuals.

In the absence of financial results, what’s left is respect with a strong aura surrounded with fear. For attempting to challenge a tested proven candidate will leave any newbies challengers worn out and reputation lost over their arrogance and inability to protect and proof their claims to validate with facts. (This comes not from theory but from actual experience of fending off a direct selling forum [under same user name for past 6 years] that i successfully eliminated every single one of the users who posted false, misleading, confusing information in attempt to source for leads.)

Now, even as i leave the forum to let newbies start their own threads without me posting inside the hard truth, leaving rooms for them to learn on their own, the other users are already smart and educated enough to even ignore the new threads knowingly that my thread is the only tested and proven source of information that they can trust with examples of facts to back my claims.

Moving on, and continuing on the 95% failure mentioned earlier, there are tons of reasons why the casualty rate is that high, due to the majority poor, but highly influence factor that clouds, and sway the shaky individual back to the tested to fail model of study hard and work hard model, only to complain later when they grow older “if only I had a choice back than” those type of excuse to save their pride and ego in front of the younger kids and like-minded friends.

The reason causing the extremely high failure has its roots deep rooted from birth, it’s part of our genes to copy, and indeed majority of all man-kind copied, copying the majority, seeing, listening, and doing exactly what they are doing. Thus the majority are poor, and the minority are rich, insanely rich based on the top 20 percent of the population of each respective countries.

To start generating wealth, first all of us have to break away from our genetic system, copying the majority, and start following the minority of individuals with tested proven successful model without even question nor even think. Just do as you are told first, get results than ask later, only when you start making money, than allocate a little portion out to test models that previously you wanted but rejected by your mentors and coaches, than will you thank them for rejecting you straight in the face.

The worst ever irony of wealth creation is that while successful millionaires share they secrets openly via workshops and seminars, the poor still think they are smarter and refuse to obey and follow the what is being told.

The rich’s rule is: Follow the money.

The poor’s rule is: Follow the crowd (majority). Thus most remain poor even if they are taught how to succeed. They failed mentally before even they started.

In a nut-shell: Always ask yourself this question when you are in doubt and denial of unable to move on towards doing a route less traveled.

That question is: Majority Rich or Minority Rich.

That answer will be the guide and financial compass to show you the route you should take.

Remember this take away: All of us have a choice to be either rich or poor and whom you listen to.

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Numbers are part and parcel of everyday life. In fact they are fused with almost everything, for which there has to be a quota met in order for survival.

From the poor to the rich and wealthy, all individuals knows the importance of numbers in terms of dollars and cents and how it will affect their growth etc.

The numeric numbers that are known to the poor are primarily any where from cents to dollars and at most thousands worth of dollars for majority of the people classified as poor.

The rich (middle-low end high class) might be looking at numeric anywhere from double digit to five if not six digits in their knowledge and the financial knowledge to manage and grow the sum of money at least or if not maintain the amount.

While the wealthy individuals often classified as successful business owners, investors will be looking at figures starting from five digits to minimally nine to twelve digits in sums when it comes to running a business of national and global scale hanging accounts of multi-millions or more.

At the top most level is the macro economics where government handles anywhere from billions to trillions worth of assets to allow the smaller companies and individuals handle the micro economics of handing billions to millions as the social status decrease.

From money to even food for consumption, we are dealing with numbers, and the numbers regarding food is related to either the amount of calories, if not the price tag of the dishes served in different restaurants etc.

Since the moment we are born, the association of numbers is started to fuse with our lives, yet the irony is that only minority of the students, of the public will learn the skill of dealing with numbers, financial accounts that is a daily necessity, considered a must know knowledge and information. Yet it is only taught to people who are interested in the subject, gain the knowledge and know how of growing their portfoilo and helping others manage their wealth, fighting against inflation at  premier thus their own personal wealth keep growing.

Such is a shortcut to climb the ladder in ranks to go from rags to riches. But only when a individual shows complete understanding of how the rules of the game are played at different levels, how to bill, charge for products, services, value, good will, reputation, creditability than only can an individual, entity grow and climb to the next higher level.

And the fact is that financial sector is always in shortage of talents for the past few decades globally due to growing demands, just like it is so for the aviation sector. At least that’s what i learn from reading newspapers.

Those who are not interested in numbers, are than found to be ignorant, and majority of which are found in the poor social status group. For failure to learn the basics of numbers, how to grow and maximize the the value of the numbers resulted in a rich-poor of income gap between the social status.

To be wealthy, one must show understanding of proper accounts before taking it to the next level one step at a time. Failure to comprehend the link and knowledge of numbers will see oneself remain in the status quo with no improvement.

In a nut-shell: To climb the wealth ladder, first learn how to read accounts, and manage financial knowledge at least for the basics before utilizing professionals to take care of the books while individuals focus on growing the business with different strategies with the trial and error phrase for every single product and service delivery to grow the business so as to keep losses to the minimal.

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Integrity is something that is considered to be worthless in majority of the people but considered priceless in the minority professionals.

Worthless in the sense whereby there are immediate return on investment also know as profits, mark-ups and margins do not show up instantly thus majority of the employed and self-employed individuals have experienced what all working adults would least like to be faced with, and that is office politics.

It is a unpleasant, ugly politics battle, making an office environment hostile, changing individuals with happy to sad in a matter of seconds.

Yet it is considered to be priceless in the minority professionals. Reason being so is have you ever seen any wealthy individuals with bad office politics? Never, and you will not observe anything like that in their business operations at any point of time. The office environment might be hostile, but it’s considered a battle of survival of the fittest with the best sales closing etc.

Not many people will actually pay attention to this word, it’s more of a morals and ethical principles to differentiate character, reputation of an individual, business or around a brand label.  It is what separates the successful minority professionals from the unsuccessful majority of the individuals fail to excel in.

For having a negative reputation, integrity, it is equivalent to lower possibilities of closing a deal with a client based on past record. When you are not worthy to be of a positive influence among your immediate social circle of peers, friends and family members, chances are you will only attract the same group of individuals similar to you in character and personality. That is why there is these phrase “Great minds think a like”, and the reason you see both the wealthy individuals (business owners, venture capitalist) and the mafia leaders hang out together.

Even within the mafia syndicate, they must also observed integrity and disciplinary issues among the ranks which makes that look awesome, attracting numerous recruitment globally among the young and gullible into committing crimes and being scapegoats of the experienced and seasoned leader.

So what happens in between where no integrity are being followed, that’s where you are faced with office politics, arguments, disputes, fights that can be easily avoided by a peaceful discussion to exchange ideas.

If you forgo and choose to ignore to value integrity, you put yourself at risk of spoiling your interpersonal relationships with your friends, peers, colleagues, family members, relatives thus in-directly spoiling your own future. Why so, because once the people who know you in the past, when you are fouling, ill-manned, your past friends who may not even know how you have changed and improved for the better ends up spread word of mouth on how bad you used to be in the past when you and them were still young. So in the process, ruin your chances of leaving a positive impression on any potential lead, prospect who may be considering securing a business deal with you in future.

Start to foster good relationships from young, if you have a negative record, start repairing them as soon as possible to prepare for a brighter future.

Preparation, laying the basics right.

Start things off on the right foot, if you want to be wealthy might as well get the basics right.

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Execution is the number one step which all entrepreneurs must do in order to have any results regardless of positive or negative.

Only with the results can they measure, plan and carry out the next course of action or if there is any minor/major corrections to rectify in fixing a soltuion.

Over the past few months of absence, somehow I realized and learn this very basic step to be a simple yet profound meaning in a simple word.

Months of absence from blogging gives room for thoughts to fly in my brain, and with the help of decreasing financial capabilities forcing me to finally put down the first step in uploading and fine tuning my website for commercial purpose.

Unlike this blog, http://www.mlmclassroom.org will be primarily serving the commercial aspect.

Creating, writing, editing the contents of the website is not a simple step. It takes numerous uploading, editing, overwriting to ensure every single html code in the website is correct.

Entrepreneurship is a difficult route, but a route worthy of its risk and gains. Riches are made in adversity and I choose this particular niche due to a simple reason, no academic qualification required and success are best enjoyed and shared with the messes.

Making money is one thing, enjoying the fruits of the labor is another thing. The common lonely celebration which affluent individuals face, no real friends or buddies to celebrate success with thus direct selling makes it a good platform for ordinary folks like you and me to have a platform to change for the better without interviewing.

As long as oneself is committed to success, it will come to you if you start off direct selling with the right intention, ethics and responsibility.

Direct selling which is also know as Multi-Level Marketing, Network Marketing, Referral Marketing is both an employment as well as a business opportunity for the poor to get rich and wealthy if they make the right choice to change for the better and succeed.

We cannot control where we are born in, but we can control where our children are born in, the environment, financial status etc. It all boils down to making the right decision.

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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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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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Line is an indication of demarcation, boundary, limit; often said to the fine line between right and wrong. In business and in law under the justification system, a clear line is drawn and spelled out clearly between the legal and illegal business or law practice.

Smarter individuals and businesses will than engage professional help such as lawyers and accountants to get into the hidden line of spectrum, the grey boundary which is similar to science, the colour spectrum of light and how it compromise of many various different light rays.

It is clear that in business and under law, it is easily to spell out what is right and wrong thanks to the terms and conditions with agreements to follow whatever considerations that has being discussed and agreed before any contract has being signed. But it is not always the same as for relationships especially when it comes to emotional relationships which has no right or wrong, neither is there any laws in any country to date that governs this emotional relationship in particular.

What every country can only do is to spell out laws which concerns business, money when relationships failed over partnership or when things get messy and out of hand.

Ladies often said men are playboys, which I as a guy can only agree but only partially agreement. But with time and exposure to books, television shows, and the ability to understand and comprehend in depth conflicts of relationships and emotions plus the link between these two, there is only one conclusion at the end of the topic. And that is; people often draw lines and follow the lines, rules set by it within the boundaries, people who cross the line and mostly it is the guys who does that, thus giving the blanket impression that ‘all guys are natural playboys’ in some ladies regardless of age.

Guys in the past change girlfriends like nothing, giving ladies the impression of being a playboy, but after years of thinking, and understanding from different perspective, guys change girlfriends only when their other half step beyond the line and try to have more control over something which results in arguments and unhappiness leading to break-ups which also happens in ladies breaking up with guys too for similar reasons.

Now-a-days, the line is further being blurred and more towards the grey area with the media coverage of skimpy, revealing clothes and designs which give the young minds a wrong education over the television, fashion fads and trends and even within individuals be it at work, play or home.

The boundary is no longer clear, emotion, love and sex are mixed up in the young minds which leads to more problems than what ordinary people can handle which is why nationals and politicians are having headaches over marriage issues, abortion, pregnancy issues in many countries across the globe.

To solve the global problem, there is a simple solution to the problem. List out and define your own line, limitations, principles and follow whatever rules, terms and conditions which you have set to eliminate all these potential problems which will surface without clear rules implement order in place to keep it well oiled like a smooth running machine that never breaks down or jams up.

Always draw and distinguish a clear line to eradicate all potential problems even before they have any slightest chance of growth in our mind or heart whichever way you like it.

Line is what sets the huge gap between poverty or wealthy, rich or poor.

If you want to say good-bye to poverty, welcome wealth and riches, than start defining your own line(s).

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Disagreements is a state of prolong dispute or debate over either an issue or an opinion.

It is the difference which often leads to nothing else but conflicts, disagreements, arguments which results in communication break-down and the list of trouble and problems just keep stockpiling like a small harmless snowball rolling down the mountain gradually gaining in mass, velocity and the damage upon impact with contact on any obstacle.

Although the root of all the above starts from a difference in opinion and how things get done, it is more about how to solve and nail the root of the problem in the bud or the seed will sprout that will sprout and grow with time.

Regardless of rich, poor, young, old, male or female, we all will come across and experience disagreements which leads to arguments and if not solved immediately, hatred will take roots in our mind, gradually accumulating in our mind eventually blinding ourselves to bias perspective and clouded judgment coming up with poor decisions thus affecting personal, family and even business operations depending on the situation a person is in.

Different people of different gender, social status have different ways to handling disagreements, I will get to the root of it and address directly the difference of how poor and rich address disagreements.

This can be practice and done by anyone regardless of your gender, social status, age language or religion. It is a skeleton key to ironing out disagreements.

How to solve and nail disagreements in the bud is crucial and critical for success.

Poor people often look and handle any disagreement at face value or what they see that will result in instant repercussions only without factoring into future present tense and the chain of events which it could lead it.

Rich people on the other hand handle disagreement in depth and will factor in anything and everything to put it up for discussion, because it is profits which the rich, affluent, successful and wealthy people are talking about thus they need to talk about anything and everything to ensure profits do not turn into red negative losses.

Below is an example of how poor and rich social class handles disagreements; it is between a mom and her daughter who place her lingerie in the washroom with the intention of wearing the same lingerie for a evening event before washing it.

Example: Poor social class disagreement between a mom and her daughter.

Mom: Hey Jane, you should not misplace your worn lingerie in the washroom.

Daughter: Mom, I just finished my shower, let me put on clothes first before I take it back into my room in a moment.

Mom: You better remember to do what you said.

Daughter: Common, give me a break and stop nagging will you?

Example: Rich social class disagreement between a mom and her daughter

Mom: Hey Jane, you should not misplace your worn lingerie in the washroom.

Daughter: Mom, I just finished my shower, let me put on clothes first before I take it back into my room in a moment.

Mom: I will not tolerate this action of yours; it is unacceptable, keep your lingerie away this instant!

Daughter: Yes, mom, I’m coming, and I will not repeat this again.

You might have notice that the openings of two examples are completely the same but the ending is completely different. It sets a different tone, and gives no leeway in the latter example as compared to the former example.

It is about getting what you like or don’t like across to the other party and have them acknowledge it immediately so the same mistake will not be repeated again in future.
This is why the rich always get richer while the poor only gets poorer day by day without even noticing the slight difference in how they handle disagreements.

After the disagreement has being settle, have both parties sit down peacefully and listen to what each other have to say with how and what they think, so that no misunderstanding will be kept in their minds. Talk it out immediately, that is why businesses always have negotiation talks face to face so any problems and technical difficulties gets ironed out immediately without any delay.

Do not look at things on the face value, practice it if you want to succeed and reduce disagreements and conflicts. If you who is reading this blog entry right now, have any questions or doubts, feel free to voice your doubts and comments either in the comment box below this entry or use the contact form.

If you have the same problem in your existing business, and needs consultant to identify technical issues, problems which seems to be always circling around your business and complaints always hovering around the same topic, contact me for a quotation.

I hope the above entry was helpful to you readers. Any feedback, suggestion or comments are greatly appreciated.

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