Saturday, May 29, 2010

Magic of Mistakes

Seriously, who in here do not make mistakes in their life ? I bet everyone make mistakes. They would whine on how stupid they were thinking either to sit a time machine to reverse that mistakes. Well, today i would like to tell you all about how grateful you make that mistakes. This theory i got from Rich Dad's theory. The educational people, do not make mistakes. The street people often make mistakes. So which do you prefer ?? Based on the answer given by Rich Dad. Yes. Make a lot mistakes as many as possible. Why ?? Learnt from your mistakes. As example, when you were young and want to learn how to ride a bicycle. Normally most people would fall down. Yes, you are still learning and is normal for you to fall down. Remember the frustration you went through as you struggle to learn how to...

Wednesday, May 26, 2010

Blue Ocean Strategy

Hello my fellow reader, is been a while since i last post. Currently lack of idea on what i should write. This idea came around when i was thinking on how to expand my business( have not launch yet) recently. Every time when you about to set a new business there are always million of strategy or way to do your business. One of the best and now most people are talking are the Blue Ocean Strategy. So what is this concept really about ? The true is, the title of blue ocean strategy is actually a book written by W. Chan Kim and Renée Mauborgne. So what is this book really about ? Here is a brief summary about the book, The book is divided into three...

Sunday, May 23, 2010

Coffee shop Business

COFFEE SHOPSimple yet nice.Who would actually think of it. Almost half of Malaysia love Coffee. We can see the rising of coffee shop business in the country. Remember the old time when there is only a kopitiam business. Old table, with old chair, the cup is like antique cup. That the old good day, there have kaya toast bread and perfect spot for breakfast.However, day have change. There are a lot coffee shop such as old town, papa rich, station 1, starbuck, coffee bean and many more but the thing is the price is like triple from the old day. By making it more high class and make the coffee look interesting but actually is the same. This is the...

Friday, May 21, 2010

The Importance of Goal Setting

I bet everyone here have their own goals. It can one or more than two but the thing is goals play important tool to get you motivate. Usually when you doing sales, your supervisor will set a goal for you to sell the product until a certain amount.You might know my first few post on fail to plan, plan to fail. This is how goal setting will play it role on planning process. All company should have their own goals. It can be short or long term. This goes together with individual. I myself do have my own goals. The goal i focusing now is to get my first million before i turn 25. I know is unrealistic but this is the challenge. With the goals you have, you will think million of way to have you get the million dollar.Here a article i found, is quite useful :Goal setting is a powerful tool, whether...

Wednesday, May 19, 2010

The 90 to 10 Principle

Today i hope to share with you a meaningful theory that my friend introduce to me few years ago. I still kept the article in my laptop and look at it if i got time.Here the article all about :The 90/10 Principle .... Good in Theory ... Dumb in realityIt will change your life (at least the way you react to situations).What is this principle?10% of life is made up of what happens to you. 90% of life is decided by how you react.What does this mean?We really have no control over 10% of what happens to us. We cannot stop the car from breaking down. The plane will be late arriving, which throws our whole schedule off. A driver may cut us off in traffic. We have no control over this 10%. The other 90% is different. You determine the other 90%.How? ……….By your reaction.You cannot control a red light....

Nelson Mandela

Why on earth i would talk about Nelson Mandela for ? This is a business page right ? What he got to relate with that ?That are some question you might ask me if you see this post.Who is Nelson Mandela, some might ask. For that, feel free to look at here :http://en.wikipedia.org/wiki/Nelson_MandelaInvictus That is the movie that i just watch. Just 1 hour in the movie, i already been so touched and inspire by him. How can he reunite the nation that always have racist war and hatred toward 2 kinds ? Is easy, let them won the world cup.Why i post this in my business blog is because of his leadership. How can he inspire 42 million people? How can...

Monday, May 17, 2010

Economy

Is been a while i wrote something at here. Just back from oversea and settle some stuff. Today, i would like talk about the Economy.Economy play a very big role in Business. If the economy is bad so does your business. However, how do we know ? Either the economy is bad or not ? We usually know by newspaper, friend, parents and many more but actually what is the cause of the BAD economy ? There is a few reasons why, first of all is cause of the exchange rate. Many country depend on the country exchange rate to do their trading with other international business. If the country will always have good exchange rate than is good business for local people as we can do trading in oversea.Besides that, other reason can be anything. Such as politics, our country politics are worsen from days to days....

Friday, May 14, 2010

Business Foundation

What is the foundation of every businesses ??It is important to build up the foundation before start the business. Reason ? As a goals, as a trademark, as a tool for promotion. Today i had discuss with my business partner, Justin and KC and i able to learn lot from them, from tag line to credo.Most business fail because they do not have strong foundation. Most blame other thing for the failure, like capital, resources, human capital, ETC. However, is their foundation is the problem. Good planning will always advance. There is all for my idea on foundation.Something to share on my personal stuff, just know that my friend had just pass away. May his soul rest in peace. Good Day....

Thursday, May 13, 2010

Derivative

Today i am going to talk about the lecture i went today, Derivative. According to some sources, This course is the more difficult finance paper ever. After enter for the 1st class don feel so.However, what is Derivative ?In my own knowledge, i come across from my pass finance paper, that it is some kind of a Bond. That all i know.The true meaning in finance term is a financial instrument or more simply, an agreement between two people or two parties that has a value determined by the price of something else that is called the underlying.So what actually we understand in that meaning ? Seriously it take me half and hour to understand it.However, this course does't seem that hard as what i thought and the lecture do not provide slide show but instead use his knowledge and just tough us what...

Tuesday, May 11, 2010

Investment

What is the word Investment mean to you ?Most common meaning is like you can earn extra money if you put some money in some business or fund. Or it can be like a activity to increase your income in near future. I had just attend my first Investment lecture today. To tell the truth, i was disappointed. The class is more a less about general topic of finance. What i hope to learn is "What is the process", "What is the best investment" and many more but instead we are here to study about money market where i can ensure you that i study this before in my pass finance paper. The faculty should not always repeat the same thing but instead try to go...

Fail to plan, plan to fail

I had seen this quote in a. forum today. Feel is very meaningful. Every move you wanted to take need to plan. Plan can be basic or complicate. Depend on what you want to archive. Some people think that planning is a waste of time, energy, resources but what actually planning is the most important thing to do. Without it, you might as well just fail. Planning is never easy. I remember back my experience in organizing a national event where i took 6 months to plan my event. Is not easy as it seem. You need to take all the pros and cons in every expect of your movement. Anyhow i would suggest for everyone to take 5 min of your time to sit down and write down what you plan to do in future. It can be goal, objectives and many more.Good Day....

Welcome

I would like to greet you all for visiting my new blog. This blog is all about any business mind that cross over my head and i will blog it at here. So i won't forget any brilliant idea and also able to share my idea to people who had view my blog. Besides that, anyone who want to share idea with me can do so. Just comment it on my post. Thanks,And good day....

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