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	Tuesday, November 29, 2005

My associate professor in City University of Hong Kong, Prof Reuben Mondejar, who is also an author of the books, “The Guide to Entrepreneurship” and “Business Creativity: Breaking the Invisible Barriers” recently went on a university tour to talk to teachers of entrepreneurship. I was honored to be a guest speaker in one of the forums. One of the arguments is how much luck does entrepreneurship plays in the person success, and amongst the things (more…) 6:14:43 AM     comment []   trackback []

Many of us look at our jobs as something that we do to earn our keep. It is something that we do because we need to- but we look for fulfillment and satisfaction elsewhere. But for many entrepreneurs, the business is more than that. Beyond just something to earn money, it is where you find your friends, it is where you find your identity, it is where you find your fulfillment. Many familes, especially Asian ones, led a truly bizdrivenlife – the business is where the family rotates, and patriarchs find identity and place in society because of their business, and the overwhelming objective is to find a small business (more…) 6:11:37 AM     comment []   trackback []

Here’s an excellent piece on how to make money and lots of it. The technique? Reverse what everybody is doing. If this is what everybody does: 1. Somebody launches something 2. He tries to make money 3. Then he tries to make it valuable and useful The author says if you do 3 first instead of 2, and 2 will come. Try to be passionate about something, and be really good at it. That’s all there is to it. It is the same piece I wrote a few months back – the CEO should not concentrate to grow the company. He should just instead focus on making it healthy - because when it is healthy, it will grow.   6:06:33 AM     comment []   trackback []

When you plan to go into business on your own, there are 2 things that you need to be clear about, and Entrepreneurial Mind just made an excellent post on both: a.) First, is that do you use your own money or other people’s money. b.) Second, whether you want to go it alone, or find partners. I guess how you go about it depends not only what you plan to accomplish, (more…)   6:05:14 AM     comment []   trackback []

Over the course of business, I met many people who lament the fact that their businesses has stayed small. And they tell of friends or people they know who they believe are less capable than them who are reaping better rewards or managing bigger businesses. Well, first, it does not matter how good you are if you don’t use what you have. You may be more capable, but if you are not going out and using what you have ( which for sure means getting out of your comfort zone, and taking a risk) , you are effectively not going to benefit from it. One of the better quotes I read is that phrase, ” A person who does not read good books has no advantage over one who does not know how to read.” The other one is that many of the people have to gain more confidence, and have (more…) 6:04:36 AM     comment []   trackback []