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.

This is the main page which contains all postings. The reader can also choose a category: techdrivenlife, on life, on businessquotes, jokes, tidbits & reading reviews.  A new category, EntrepreViews, talks on entrepreneurship and also answer reader's queries.

 

  Saturday, May 28, 2005


Points to Ponder 3  ( on quotes)

Here are some more of my musings as I read some quotations.

I have just got some comments from well meaning people who think I have been too stingy and frugal.  Maybe too conservative in managing my company.  As budding entrepreneurs, especially if you are a startup, you should wear your stinginess ( as long as it is not in being stingy in rewarding and paying people) as a badge of honor.  If you are trying to buy great cars, or decorate your office lavishly when you are still in the growth phase, you might be doing your company irreparable harm early which it will be hard to recover.  Confucius advised us over 2 thousand years ago, " He who will not economize will have to agonize."

Of course, the flipside of being advised, or criticized is to be flattered, and I also hear a lot of that.  It is always important to remember, as Josh Billings said, that you should "treat flattery like cologne -- to be smelled, but not to be swallowed. "

And when criticized, you tended to be defensive, and is itching for an argument, remember Euripedes advice: "Talk sense to a fool and he calls you foolish."

And when we complained how we, as parents who have endured hardship, and that our children don't appreciate the value of money, here is Katharine Whitehorn's take, "The easiest way for your children to learn about money is for you not to have any."

From a parent, and a businessman, it would be good to learn what comes first -- and when we think of how many business people spent thousands of hours accumulating wealth only to be lost by their children who does not appreciate its value, it might makes sense that before you start to earn what you want to give to your children, teach them the proper skills to retain that money first.

 

5:44:01 PM     comment []   trackback []

Microsoft Makes Available KnowledgeBase through RSS  ( on technology)

If you are a heavy user of Microsoft products or a developer, you must have known that KnowledgeBase makes it incredibly easier for you to check out your issues against what others have already experienced, and allows you to understand the issue much faster.  There are thousands of articles there.

By now, you must have heard also about RSS ( Really Simple Syndication).   It allows you to use a reader to pull the information into your computer instead of browsing the page one by one.

The great news is that Microsoft is now providing RSS feeds for over hundreds of topics of their knowledgeBase.  Check this site for the RSS feed Product Index Page.

 

5:22:57 PM     comment []   trackback []

Microsoft's next Big Boss? ( on technology)

Here is a writeup about Eric Rudder, potentially, they say, the next big leader in Microsoft after Bill Gates and Steve Ballmer.

How did he get the respect of Bill Gates, who is known to be very demanding?

It says here that in 1992, Eric, then at 25 years old dared told Bill Gates that he was wrong, and showed him his mastery by outlining how.

Bill Gates thought for a moment after hearing him out, and said, "You know what? I guess you're right..."

Leaders are made of people who do their homework, who master the learning better than anybody else, and who is not afraid to be wrong.

 

4:02:13 PM     comment []   trackback []


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