Saturday 23 August 2008

12 Ways to determine an Entrepreneur by Master Lynn Yap

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Guanyu said...

12 Ways to determine an Entrepreneur by Master Lynn Yap

1) An entrepreneur is one who will have that crazy notion that his business model will succeed when everybody says no.

2) An entrepreneur is one who speaks very fast and has that glowing passion in him.

3) An entrepreneur is one who will DO FIRST and think later.

4) An entrepreneur is one who is impatient for success and will not like slow people around him.

5) An entrepreneur FACE is usually quite broad and looks handsome or pretty.

6) A successful entrepreneur is one who can hold his or her liquor well because of the fire element in their destiny. If you can't drink, you will probably not be a very successful entrepreneur. When you do business overseas you will know what I mean. If you can't drink, you won't get far.

7) An entrepreneur can be successful but up to one level and to climb to the next level is to have some knowledge on business administration. That is why most of them go for their MBAs or to get a Doctorate.

8) A successful entrepreneur is very capable of being very focus in what they want and will go all extent to get it done, within legal limits.

9) A successful entrepreneur do not like to waste time so they can stay very focus and have more time to do many things, they can multi-task.

10) There are many levels to an entrepreneur - once the first step is done the second level requires financial knowledge of that entrepreneur to be a skilful business entrepreneur leveraging on his business model and partners or simply to grow the business to have more sales turnover.

11) A successful entrepreneur is an intelligent person with deep thoughts and knows when to do an exit strategy. They know when to exit when the timing is right, then, they will be most respected as a top notch entrepreneur, and it is because they have a plan.

12) A successful entrepreneur is one who years later became a multi- millionaire to show to others that he has arrived if not then he is still a practising entrepreneur.

Anonymous said...

Western markets down? Head to China

August 21, 2008

LOVE it or hate it, the 2008 Olympics in Beijing demonstrate that China's time in the capitalist spotlight will last long after the Closing Ceremony of the Games.

Seamus Byrne ponders if there has ever been a better time to explore Chinese opportunities for your business.

China now boasts a population of 1.3 billion, income levels and living standards - for the most part - are rising, and with the increasing liberalisation of the business market companies have been eager to move beyond seeing China as a manufacturing base to treating it as a true consumer market.

Hugh Humphrey, General Manager Business Markets, Vodafone Australia sees there has been a notable increase in mobile business travellers heading East instead of West.

"We've found our small-to-medium business customers are more and more focused on opportunities in the growing Asian markets, particularly China," says Humphrey.

"So while Western economies might be experiencing a down turn, new business is rising in the East. Business in places like Shanghai is very fast paced. It's a very modern, very connected market so you want to be ultra responsive to new business opportunities."

Vodafone is giving travellers an added bonus should they be visiting China this month, offering 50 per cent off the usual roaming rates through the end of August on its new Vodafone Traveller plans that aim to make roaming costs more transparent for regular international business customers.

Humphrey also notes that while many businesses are seeing increasing costs due to surging oil prices, the cost of communications is one area a business can rest easy.

"Vodafone's call and data cap pricing hasn’t risen in line with inflation. In fact, they’ve been lower thanks to better deals with our overseas partners. We're partnered with nearly 40 network providers, which means that when you do roam overseas, you're still able to control your costs and know your spend."

According to Austrade, China is now a $22.8bn industry for Australian exporters, with notable opportunities across a wide range of industries including automotive, biotechnology, building materials and construction, education, environmental, food and beverage, health and medical, information technology, marine, and mining.

In fact there are excellent support mechanisms in place through Austrade for businesses eager to explore Chinese business opportunities.

It will no doubt take a big commitment to overcome the cultural barriers to trading in China, but aren’t all the best rewards only available to those willing to make the effort?

Tips on Chinese business etiquette

It is a very good idea to work with a translator who can not only interpret but also advise you on appropriate business etiquette and customs.

At welcoming, bowing is the common greeting. Many have started to shake hands at business, but wait for the Chinese to offer first.

Business cards are very important in Chinese business culture, so treat them as highly valuable. Always present and receive with both hands, and look at the details on cards you are given - putting a card away without reading is considered a serious insult. Investing in cards with details in Chinese on one side will make a very good first impression.

Never arrive late to a meeting, as this insult could spell immediate failure. Keep hand gestures to a minimum while speaking and take things slowly - the Chinese custom is to take pauses in conversation as a sign of a well-considered discussion. Do not raise deadlines and never say 'No'.

Gifts are a difficult area in Chinese business, so tread carefully. Keep things inexpensive and Australian themed, and bring gifts for everyone. Wrap in red to signify good luck. It is suggested a banquet is the most acceptable form of gift you can offer.

Anonymous said...

Giving people space to let off steam

Insight Down South
By SEAH CHIANG NEE
August 23, 2008

Tight controls on politics and the Internet are being loosened, giving hope for multi-party democracy in a nation long used to the ruling PAP’s hold on power.

FACED with a host of new problems, the younger set of leaders have surprised Singaporeans by announcing moves to ease controls on politics and the Internet.

The surprise is even greater when measured against the strong criticism levelled only five days earlier by Lee Kuan Yew at the younger generation’s enchantment with “multi-party democracy”.

The Minister Mentor had said: “They (the young generation) say, oh, let’s have multi-party politics. Let’s have different parties change and be in charge of the government.

“Is it that simple? You vote in a Division Three government, not a Division One government, and the whole economy will just subside within three, four years. Finished!”

Now his 56-year-old son has announced moves that could – if properly implemented – lead to more active multi-party politics or even loosen the ruling People’s Action Party’s hold on power.

Much depends on a parallel move to define how the new media will be managed.

But the intention to open up, however slow it may be, is apparent.

The influential older Lee’s recent allegations against Western democracy and a foreign conspiracy by liberals “to do Singapore in” had raised concerns that a crackdown on dissent might be ahead.

It also comes as the government is facing increasing public disquiet over super-inflation, unpopular policies and the decline of billions of dollars in value through poor investment.

The Internet has been a leading voice of discontent concerning these issues, particularly the government’s press and political controls.

These expressions have grown so loud that they had led people to expect a political backlash from the authorities, including cracking down on the Internet.

Instead, Prime Minister Lee Hsien Loong appears to have done the opposite.

In his National Day TV address to the nation, a confident-looking Hsien Loong, who was rumoured to be weakened from recent illness, announced the following steps:

1. Allowing outdoor demonstrations under conditions. “We have to move away from this total ban and find ways for people to let off steam a little bit more, but safely,” Lee said. Dissidents will be allowed to protest at The Speakers’ Corner after registering.

2. By around the next general election (due in 2011), Singaporeans will be allowed to post political videos and campaign materials on the Internet, currently banned during the campaigning period.

3. Party political films, banned 10 years ago, may likely be relaxed; an advisory panel may be set up to review them, in the same way that normal films are now classified.

“Our worry is because films are an emotive medium, passions can get stirred up and people can get carried away,” Hsien Loong explained.

“I think this is a valid concern, but I don’t think an outright ban is still sensible because this is how people communicate on the Web in daily life.”

Although Hsien Loong’s liberalisation intention had been announced two years ago, his move to allow public protests came as a pleasant surprise, given his father’s presence.

The Web community is generally pleased with it, although it is far short of what it wants. The consensus view has been: “It is a good start.”

However, a few are reserving judgment pending follow-up action.

“Things can turn out differently. The bureaucrats can still work in various subtle controls to manage the Web,” one said.

Despite the contradiction, few observers see any significant political or generational division between Lee Senior and PM Lee and his younger ministers.

The ruling PAP isn’t the sort where such a split can happen – at least not when Kuan Yew is still around.

However, it is likely that the senior Lee – given his mindset – isn’t too pleased with it.

Any move towards more public debate or a freer new media would go against the grain of Lee Senior's ideology, and likely to have been lengthily debated within the Cabinet.

That the prime minister has got his way augurs well for Singapore in preparation for a post-Lee Kuan Yew future. The senior Lee will be 85 next month.

Some critics see the reasons as coming from outside, rather than inside the PAP, which retains a tight control in the republic.

One is the flourishing Internet and the other is the emergence of a new generation of Singaporeans who clamour for an end to Kuan Yew’s soft authoritarianism.

The shocking outcome of Malaysia’s March election, with the big role played by the online community, is believed to be exerting a strong influence here.

Singapore’s digital plunge is greater than Malaysia’s. More than three quarters of the population have Internet access.

More Singaporeans are turning to online sources for information and opinions.

With the new move, it is clear that the government now wants to use the Internet to win the hearts and minds of disaffected youths.

The outcome will be uncertain.

The Internet – with its webcam and podcasts – is just a channel of communication, albeit an effective one. It is still the message that will decide who will win or lose.

Anonymous said...

Love vs Marriage

One day, Plato asked his teacher, "What is love? How can I find it?"

His teacher answered, "There is a vast wheat field in front. Walk forward without turning back, and pick only one stalk. If you find the most magnificent stalk, then you have found love."

Plato walked forward, and before long, he returned with empty hands, having picked nothing. His teacher asked, "Why did you not pick any stalk?" Plato answered, "Because I could only pick once, and yet I could not turn back. I did find the most magnificent stalk, but did not know if there were any better ones ahead, so I did not pick it. As I walked further, the stalks that I saw were not as good as the earlier one, so I did not pick any in the end.

His teacher then said, "And that is love."

On another day, Plato asked his teacher, "What is marriage? How can find it?" His teacher answered, "There is a thriving forest in front. Walk forward without turning back, and chop down only one tree. If you find the tallest tree, then you have found marriage." Plato walked forward, and before long, he returned with a tree. The tree was not thriving, and it was not tall either. It was an ordinary tree. His teacher asked, "Why did you chop down such an ordinary tree?"

Plato answered, "Because of my previous experience. I walked halfway through the forest, but returned with empty hands. This time, I saw this tree, and I felt that it was not bad, so I chopped it down and brought it back. I did not want to miss the opportunity."

His teacher then said, "And that is marriage."

Anonymous said...

Let's start from here - Joanna Wang

Giving up, why should I

Have come too far to forget
Beautiful, just got lost

Somewhere along the way
So much was missing when you went away
Let's start from here, lose the past
Change our minds, we don′t need a finish line
Let's take this chance don’t think too deep
All those promises we couldn′t seem to keep
I don't care where we go
Let's start from here

Standing here face to face
A finger on your lips
Don't say a word don't make a sound
Silence surrounds us now
Even when you were gone I felt you everywhere
Let' start from here, lose the past
Change our minds, we don′t need a finish line
Let's take this chance don’t think too deep
All those promises we couldn′t seem to keep
I don't care where we go
Let's start from here
Let's start from here

I've never been the one to open up
But you've always been the voice within
The only warmth from my cold heart
Let's start from here, lose the past
Change our minds, we don't need a finish line
Let's take this chance don’t think too deep
And all those promises
Let's start from here, lose the past
Change our minds, we don't need a finish line
Let's take this chance don’t think too deep
And all those promises we couldn't seem to keep
I don't care where we go
Let's start from here
Let's start from here
Let's start from here
Let's start from here