Ryan Ho's Entrepreneurship Blog

Blogging on topics revolving around entrepreneurship.

March-9-10

Growth

posted by ryan

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.

Popularity: 1% [?]

March-9-10

Money

posted by ryan

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.

Popularity: 1% [?]

March-5-10

Disdain

posted by ryan

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.

Popularity: 1% [?]

February-28-10

Control

posted by ryan

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.

Popularity: 1% [?]

February-27-10

Wager

posted by ryan

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.

Popularity: 1% [?]

February-27-10

Gambling

posted by ryan

Gambling is the wagering of money or something of material value on an event or with an uncertain outcome with the primary intent of winning additional money and/or material goods. It is the play of any game of chance for money or other stakes and to take a chance on either a venture or risk towards success.  It can be any matter or thing involving risk or hazardous uncertainty.

By adopting gambling, it is to engage in a reckless or hazardous behavior and in the process of doing so, affecting their close family members and people living near them.

It is only today that I talked to my mom that I understand their thinking. They think that they are investing rather than gambling. Investing in a new hope on a daily basis, resetting their losses on investments with each new investment, purposely does not want to know and record how much they start to ‘invest’ in gambling activities.

The wealthy and successful businessmen will factor in their total losses on investments and proceed onto another business venture if the business is not doing well, but the poor does exactly opposite, ignoring their losses, keep pumping in money with the slightest hope of recouping their daily investments.

Gamblers are investing in the wrong area which leads them to poverty, it is the poor who are digging their own grave and adding more restrictive chains binding themselves to poverty instead of wealth and success.

Lottery, 4D, TOTO, horse racing and even casinos are the traps businesses set for their own company and business profits increasing their own wealth at the expense of the already poor people.

Gamblers often say “small bets will not matter much” but the issue is not placing a small bet, but to be completely blind to striking a balance in their own financial statements which requires basic accounting knowledge. It is like wanting to work to bring the bread home and striking a balance between family and work time. People who are addicted to gambling purposely blind themselves to greed and worship money rather than being hardworking to learn the tested proven ways to increase their own respective pot of own gold in terms of hard earned savings in hope for a decent retirement without worries.

Just look at the track record of winners from gambling history, is there anybody across the world who as being featured in the news to strike the jack-pot winning millions and is able to increase their pot of gold instead of gambling it away bits by bits? Are they able to increase their own wealth without any external help of professional successful businessmen, no gamblers to date since the day gambling was invented has made it possible?

The answer is obviously clear cut and straight forward, gambling will not make anybody rich, instead it is the gambling operators that are successful and wealthy from, it is a simple predator versus prey whereby the gambling operators set multiple traps within the gambling den and the casino with more chances of recouping their losses and highlight how much the highest ‘lucky’ winner has won to date to encourage gamblers to spend more.

Like business whereby nine out of ten businesses will fail ten years down the road, gambling is identical if not the results don’t need to take ten years, in fact just one year will see the results with nine out of ten gamblers losing money than profiting from gambling.

If you who is reading this article right now, agrees and wants to increase your chances of winnings with the factors you can control to reduce your risk of losses, contact me right now and I will show, lead and guide you on how to grow your money into wealth.

Popularity: 1% [?]

February-25-10

Limitation

posted by ryan

Limitation is a form of restriction within a set of environment and settings. It is the ceiling to how much something can be learnt.

Education is about removing the limitations which is set on us since birth for modern generation of teenagers and young adults. There are both positive and negative aspects of which.

Positive would be it help us to be informed of the repercussions so as to factor in a lot of elements and considerations to massively increase our advantage in a area of subject which a person picks up.

Negative would be that with lots of repercussions means there is confusion in the people’s minds which account for individuals’ lack of desire to succeed and work towards being a millionaire and beyond.

Look at the Forbes list, and list out anyone among the top ten billionaires that has a Ph.D in academic qualifications, nobody. The idea is simple, tested and proven, the more you study in terms of academically, the poorer and mentally, you build more barriers which limit and restrict any form of incoming profitable ideas which you can work on.

A great inventor with a Ph.D does not mean he/she will be a successful and wealthy people. Each of those on the top ten Forbes list get there by doing what they like and have passion in, to be an professional and excel in the best of what they do, simple idea, easily attainable with hard-work and due diligence.

Simply look at the Forbes list, and work towards your passion and nothing else by being positively persistent.

Popularity: 1% [?]

February-23-10

Steel

posted by ryan

Steel is made up of Iron and Copper, with different treatments; it translates to different toughness of steel depending on the purpose it is manufactured for.

It has many properties and benefits and most importantly it is recyclable, flexible enough to be made into anything, from cars, to bridges, buildings vessels air planes, all requires steel. Without the invention and mass application of steel into daily lives, it will not be possible to even talk about profits and wealth.

Having watched documentary which talked about steel thus the topic for today, are you tough enough like the steel? Do you have what it takes to have balls of steel?

In business, entrepreneurship, it’s all about profits, money, wealth and flexibility. In manufacturing business, it is all about the steel first which allows countries to prosper, war to be made safer with the use of high grade steel in armored vehicles. It is used in the core frame of our daily lives.

Earth is running out of steel, and has estimated of only twenty-seven billion tons of steel left thus recycling of steel started eighty years ago due to shortage of steel. With the shortage of steel, manufactures are taking substitutes and mining the components out to made steel from hematite as a substitution.

Like wise in business, if we want to profit, we must learn to be like the steel, with so many properties and benefits of the steel, suitable for all types of use, under the process of heat treatment, water cooling, heating again, tampering followed by welding to form into different grades of steel.

If we want to profit and be wealthy, we need to learn to bend it like steel, the properties of steel under the processing treatment, use strategies and reuse skills which can be applied to any business, platform to increase profits. To have the balls of steel, we first need to have guts to choose our own path, stick it out till we make it there.

Ask yourself what is your passion, what choices do you have, what skills do you currently possess, and what additional skills do you seek to learn and apply?

For entrepreneurship to take place, flexibility is crucial, embracing change and keeping up with times is important, but sticking to the basics and your true talents is the best choice and decision you will ever make.

The lifestyle you will lead depends only and solely on the type of employment you are in, the passion which you have in your heart. If you are unhappy with your employment, have no passion for anything, than it’s time for a change, if you want to, else remain happy and be contented to have a stable employment with fixed income.

Just do what you like, but ask yourself if that’s really and truly the life you desire.  It is better to die trying than to die regretting.

Popularity: 1% [?]

February-19-10

Membership

posted by ryan

Membership is the status of members belonging to an organization and society. It is the association, made up of a group of successful individuals each in their own niches of expertise and professionalism.

It is commonly used by the higher class status people, like country club membership, flying club, and many others. There are many privileges attached to a membership which give the membership owner, the person an elevation of status and envy among his/her friends who don’t have the membership to a exclusive club.

Membership will not die off, neither will it be like a fashion fad, it is a trend that will only increase and no chance of decrease as the number of wealthy individuals increases.

It is used and discussed more by people of higher status which comes with a hefty price tag. The poor on the other hand look for just associations, and is contented with any group, as long as they are not being left out or left behind and ignore within the group.

It is here to stay and will keep on increasing as the spending power of the successful individuals increases, the society will slowly evolve from a three class society to a two class society with only rich and poor in time to come. The tell-tale signs are obvious; just look at who is being sandwiched in employment, workload increases with competition, pay increase slightly but the workload increases by leaps and bounds.

Do you want to have an exclusive membership of a club or do you just want to look for association? The choices are yours and look for people who can assist you.

Popularity: 1% [?]

February-19-10

Association

posted by ryan

Association is an organization of people or plants with common purpose together under uniform environmental conditions working towards the same goal or objective. It is the alliance, an union of company, a force not to be reckon with when it forms together.

Animals associate themselves with fellow animals as well to help clean themselves especially in the ocean, sea and lakes. Sharks have small fishes swimming together helping themselves with the parasites on the skin of the sharks, whales have shell like organisms living on their body, while crocodiles have birds to help them with teeth cleaning.

Gangsters form together because each on their own, are people without the ability to complete any task on their own thus they form a gang, to bully the weak, get things done their way and fearing the powerful people with stronger backing example the police.

Aunties form together in markets to gossip in morning market session for breakfast before going to the wet market to buy food. In a group of aunties, they can get more discounts saving more money.

Smokers and drinkers are associated together and always seen around one another because they cannot miss out the company or one another enjoying the company.

Wealthy successful businessmen hang around together playing golf, closing business deals and helping one another earn more people.

Poor people are poor because they associate themselves with the wrong people. Rich successful businessmen associate themselves with even more successful people to help each other profit in different areas.

Whatever you seek and dream to be, you need to get associated with the right people who will help you build your dreams, visions and goals and other business ventures.

Make the right choice and do the right thing. Walk a path and associate with wealth builders and not demolisher who are money suckers and spendthrifts.

Popularity: 1% [?]