Ryan Ho's Entrepreneurship Blog

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

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

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

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

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

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

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

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

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

Are people really growing positively or negatively?

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

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

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

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

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

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

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

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

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

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

Wealthy invest while poor spend their money.

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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Control is to exercise restraint, dominate, command and to eliminate and prevent something or someone getting out of hands. Example controlling a forest fire, restraint a dog with a dog leashes to deter it from going against the owner’s direction.

Be it wealthy or poverty, everybody needs to exercise some control in them.

People in poverty will have to exercise restraint over poor money decisions and better manage whatever resources they have for survival.

Wealthy individuals will have to control their spending as well as investments to limit their losses and increase their profits.

How to win the game and succeed is another issue, but controlling our own financial statement and knowing how to do it is important to everyone if they don’t want to live and suffer in misery filled with money woes each day and home becomes a war place.

There are lots of issues, emotions which we need to control, being successful means there are even more things to look at so if you exercise lots of control over positive things and people, you should be seeing your profits increase with time, if you’re seeing it, than it is time to relook at what are you in control of and what to give up control over so as to switch and learn what you should be controlling yourself to move forward and upwards.

Control and exercise self-restraint when needed.

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Wager is the act of placing a bet to risk and stake something of value on an uncertainty, example placing bets on soccer, basketball, wresting, casino games and many others.

It is not wrong to wager, in fact both the poor and the wealthy successful people wager on most of their valuables in exchange for something bigger better for a new improved lifestyle and increase comfort.

Like I previously mentioned in the other entry Gambling in the difference in how they view the loss on investments which is identical to looking at the rate of returns or investments also known as ROI, thus it is good to place a wager, but don’t use lots of your money, instead you should start with little or no money and there are tricks to doing so if you have successful businessmen as your friends, you will realize how they generate wealth with little or no money.

Like what I previously heard from a seminar speaker Wendy Kuek who was featured on Channel News Asia “The Million Makers” on how to make money. A question was asked why emphasis on making money with little or no money? Her response was, if you do not know how to make money with little or no money, what makes you think you can make money with lots of money?

Like wise the same idea is being written in Rich Dad Poor Dad, Think and Grow Rich and many other books. The idea is to double your money growing your money. It is like the growing a fruit tree. You don’t plant a fruit with the intention of only wanting to have grown another fruit out, instead when you plant a fruit tree, you expect the tree to grow an abundance of fruits which you can profit from and the same theory applies throughout the law of basic economics in business.

Place a bet on something only if you can control and tweet the situation in your favor, that is the difference between the poor and the wealthy successful people and they successful businessmen/women knows exactly this point.

If you want to place a bet, bet your wager on wealthy and successful businessmen who are willing to help you succeed.

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