Wilson Ng started helping the family business since 9 years old. Since then, he had dreamt to be a successful entrepreneur, one who starts great businesses  ( he has started 7) from scratch with insight, guts and initiative. He keeps his focus on growing the business by creating value-- not on politics, or wasteful distractions. He brings the same focus to community service, teaching, life and family.

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  Wednesday, May 18, 2005


Points to Ponder 1  ( on quotes)

I've decided not only to put in my favorite business quotes, but to write it in such a way that I put in also my own.

This morning, I was thinking, "what if one of the better ways to know how your employees think about money is to put a 5 cent coin near the lobby and see how many would bother to pick it up? ".  I am thinking on how your employee views money could give you a good clue on how to help them succeed in life.

I have been thinking on where I want to expand the market for my products, and this quote of Claude Bastiat is something that gives food for thought, "....that it is better to endure competition for rich customers than to be invested with monopoly over impoverished customers. ".  This is advice given in the 19th century.  Would you think it is still true?

Here is another quote from famous coach, Lombardi, that support my posting on being tough, "let me tell you what winning means - you're willing to go longer, work harder , and give more than anyone else.

And here is the greatest advice from Hubbard on how to multiply your money, " The safest way to double your money is to fold it over an dput it in your pocket. "  In short, save it, I think.  This coincides with the advice of Benjamin Franklin, "The Road to Wealth is as plain as the way to market.  Waste neither time nor money ... ".  After all , you increase your money by the difference of what comes in, and what goes out...

 

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