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I have this idea of integrating work and games together. I’ve told some people about it. 1/10 said it’s interesting. Another 1/10 told me to go for whatever i believe in. 2/10 said i’m crazy and 6/10 just said that it’s impossible.

They actually made me believe that it’s impossible until i found this article in Entrepreneur.com. Apparently, there’s someone in the US who is researching on the same thing.

So my dear readers, do you think this is a good idea? I know it’s not going to be easy especially to some people who are anti-games.

Here’s the link.

Are You Game?

Let’s admit it, most of us do not like to face the ‘cruel-looking‘ customers or the ‘ridiculously unreasonable‘ client. But if you are in a business or profession where customer-facing is a must……there’s no escape no matter how much you hate or dislike it. This is sales to you. It can be very rewarding…but it’s never easy and it’s most probably one of the most challenging jobs in the universe.

Recently, i’ve just finished reading the famous book “Rich Dad Poor Dad“. In this book, Robert Kiyosaki talked about the importance of sales and marketing. How the ability to sell will impact our daily life.

To be honest, I used to hate all these sales things. I don’t like to go out and sell stuff…or maybe even to the extent of ‘begging’ someone to buy something from you. I don’t like this idea at all.

However, i’ve come to realize one important thing……i can never escape from doing sales, from selling things (services/products or anything) especially if i plan to start my own business. True, some of you might argue with me that you can find the right people to do sales while you concentrate on the company’s operation.

Valid point. I’ve had the same idea before this. But i soon realized how wrong it was to think that way when I witnessed something which happened to 1 of my previous employers. The CEO and other board of directors were concentrating too much on the operation of the company and they left the entire sales department to a lady staff. She did very well for the company….but she found a better opportunity after that. She left. The CEO and the board of directors were stuck…they have no proper knowledge in terms of sales…..they did not know how to sell for their own company! Well, as expected…the company went downhill after that and I left. 😛

If you are thinking to start your own business…..then always remember that you should be your own salesman. Maybe not the best salesman, but you should at least be able to sell your stuff. You’ll need the skill to sell it to the customers, the potential investors, business partners, etc.

If you still think otherwise, then feel free to post up your comments here. 🙂

The line “The sky is falling!” sure sounds familiar especially to the Chicken Little fans out there. Well, it’s his fav phrase after all.

In the Chicken Little story, the character likes to run around the neighborhood shouting and alerting the neighbors that the sky is falling….but fact is, the sky is not falling.In our daily life, we are surrounded by at least one Chicken Little. Not the cute cartoon character….but the true, living Chicken Little. The person who likes to think negative and keep demotivating himself (and the people around him). The doomsayers.

They will come out with all sorts of things, just to demotivate you and made you feel bad about what you are doing or planning to do.

When you buy a property..they will say that the property is a waste of money and you should put your money in Fixed Deposit (and they don’t even know anything bout property investment). When you said you want to start a new business, they would say you are too young and immature (when inside their heart, they might feel regret for not starting their own business when they were still young) . Everything you say, they will try disagree and go on to explain why you are wrong and they are right. Fact is…most Chicken Littles do not know what they are talking about. They are being negative because they are afraid….or they’re jealous. Why? Because you are doing things that they do not dare to do.

Chicken Littles are everywhere. You can’t escape from them.

The only thing you can do is….follow your gut feelings. Do what you like, with proper research n studies of course. If you are not sure and need some advice…go seek the advice of professionals or experienced individuals. Need to know investment? Go ask the real investors…people who have been investing their money in stocks/bonds/funds, etc. Need to know about starting a business? Go ask the right people.

Never ever ask the wrong guy……and if you really did (accidentally maybe) ask the wrong guy…the Chicken Little guy, then please don’t get demotivated by the person. 🙂

First of all, I must apologize for being away for so long from this blog. Been pretty busy with work….and i’m still busy actually. 🙂 Just taking a break.

So here i am again…throwing this question to all of you who want to start your own business.

Let’s face it. Most people, especially in Asia, want to start their own business. But why? What’s the reason of you, wanting to start your own business? Is it for fame? To build an icon like Microsoft or Google? To pursue your dreams and ambitions? To work for yourselves rather than relying on someone else? Or is it you just want to be rich and become financially independent?

I’ve asked this question to a lot of people…..not just you. Most of the answers I’ve received, well…it’s quite disappointing. Most people gave me answers such as “I just want to be my own boss” or “I want to be rich”. And none of them actually say something like “pursue my dreams/ambitions”.

If you seriously want to start your own business….have you heard of people saying that 9 out of 10 startups will fail in the first 5 years? The 1 will actually survive the first 5 years….but after that, 9 out of 10 surviving companies will struggle and perish. The survival rate is actually 5-10%….and that’s only for the first 10 years…and jst to survive.

If your main objective is to get rich quick or be financially independent, then don’t start your own business. You can do that by using your money wisely – investing in the right place, generating money from money….etc. You don’t need to start your own business to be rich. You can use other people’s business to be rich. And also…even if you start your own business, there’s a very high possibility that you won’t get rich.

For myself, I still insist that i want to start my own business. Not to get rich from it….but more like to pursue my dreams and do what I want AND, be successful with it. 🙂

What bout you? 😀 Ask yourself….and answer the question honestly. 🙂 Hopefully, you’ll find the answer you seek.  

First of all, sorry folks…i’ll be rather busy for the next few weeks. I’m currently rushing for a project (design documents for now….implementation later). I won’t be posting that much….BUT…since blogging and sharing are part of me nowadays, I’ll still post something up here…maybe just not that much.

Hope you folks won’t mind. Sincere apologies. 🙂

Till then, have a nice day and check out this interesting article from Entrepreneur.com

The Perfect Presentation: Materials.

Here’s an interesting article from Entrepreneur.com.

Do check it out when you have time 🙂

I think it’s a MUST READ for all entrepreneurs-wannabe.

Countdown to Startup

Ever heard of the term “tightness of fit” ? It is a term used by Jerry Poras and Jim Collins in the book Built to Last to describe how visionary companies keep only the individuals with the right mindset with them.

On the other hand, I have a friend who keeps a private mailing list with some of his close friends and named it “Just among ourselves“. No one else (except the few close friends) is allowed to join the mailing list and he will go to the extent of explicitly telling other wannabe-joiners that the mailing list is – “Just among ourselves“. So if you’re not in the list, means you should not and will not be in the list.

Sounds a bit..harsh right? But that’s what a visionary company should do. At least, that’s my opinion.

Why?

If you notice, most big and successful companies have some mission statements…or visions…or ideologies. These are the things they believe in…the things they are working towards to…the guidelines…the set of principles that they MUST follow. To them, it is as important as the law itself. That is why they always stick very close to these so-called “statements“. These “statements” could be more important than the money itself. It’s the LIFE of the company.

Now, imagine if the company hires someone new to fill into an important job position….potentially a decision maker in the company. There are only 3 possibilities…….The first one, the new guy shares the same mentality or “mission statements“as the company itself………and this is the best scenario. The next possibility is the new guy does not share the same values or mentality……but he is open to change and can adapt to the company’s culture. The last possibility is the worst…..the new guy has a completely different way of thinking and does not wish to change.

Imagine this….you are working in a big company and has been made to believe “Making a customer happy is your first priority“. You and the rest of the employees will be willing to go through anything (even outside your line of duty) to make the customers happy and hope that they will return to seek your company’s services in the future. This is your company’s “mission statement“. Suddenly, this new senior manager came in. He forced the idea of “Who squeezes the most profit out of a customer will be rewarded” onto all of you. What do you think will happen? The priority has changed. The business will not be like what it used to be anymore.

A senior manager is able to have such a huge influence on the small team of people…….can you imagine the impact of having an important decision maker to practice such mindset?

That is why if you go for interviews with certain big companies…….they will ask you about your dreams, your goals, ambitions…your plans for the future, or even do some personality test on you just to see whether you are able to fit into their culture.

Blame them not because i am sure that you will do the same thing………..if you are a good leader who cares about the company. 🙂

Hope it helps 😉

I found this article from CNN Money. Quite an interesting read especially for an entrepreneur. It might provide some insights as to how you should start a business.

Here’s the link http://money.cnn.com/galleries/2007/moneymag/0706/gallery.success_stories.moneymag/index.html

Have you ever have someone standing next to you, telling you why you shouldn’t do this and do that? I’m sure you do ! I have, my parents. 😀 They’re concerned, I’m sure. That’s why they are telling me that just because they are more experienced in certain stuff than I do.

Look, being inexperience (or to some people, naive) does not mean you are going to do poorly in whatever you plan to do. You might and might not do well – whether you’re naive or not.

Why? Here are some reasons:

  • Being naive means you are not exposed to the failures of other people who happened to do whatever you plan to do. If you don’t know about the failures, you won’t get demotivated that much. The bad thing is, you won’t know much of why they failed either. Well, everything has its own pros n cons.
  • Being naive means you dare to enter unchartered water. Imagine if you’ve been working for 30 years in a banking industry and you know how many people failed in doing A that you’ve set this particular mindset – doing A is impossible no matter how good you are. If you are naive, you will be stubborn enough to venture into this A since you don’t have this “impossible” mindset. If you don’t dare to try, then how could you prove that A is indeed impossible?
  • Being naive also means you have the hunger for success. To work hard and strive for whatever you are doing, ignoring whatever the doomsayers are saying. Remember that sometimes, not knowing 100% of the field you are entering is a bliss, not a curse.
  • Imagine that you are an expert in real estate industry. Starting your own business based on this industry will definitely boost your chance of survival since you have adequate experience in this field. However, it might get a little boring, no? What if you are entering a field which you are interested in but you are not an expert YET? You will most likely be thrilled by the unexpected things hiding in the corner. 🙂

Again, there are pros n cons to everything. What I would like to say here is, being naive and inexperience do not put you at a disadvantage – to a certain extent. You might not have the cunningness or the insider information in certain stuff, but you will have the urge and motivation to be successful. 🙂

Hope for the best and work hard! I know I will. 😉

p/s… do check out this link, good article – http://blogs.theage.com.au/startupstories/archives/2007/05/staying_naive.html 

Here’s the link to an article on entrepreneurship, which I find quite interesting.

http://www.boston.com/jobs/news/articles/2006/09/17/so_you_think_you_want_to_be_an_entrepreneur/