Posts filed under ‘Entrepreneurship’

Being da boss.

Being da boss means:

  • Having the ability to use people.
  • Being able to learn things faster than people.
  • Having stronger will power than the rest.
  • Being able to hold your own integrity while you enforce it on the rest.
  • Being clairvoyant and see the future.

Just some insights that I got out today when the company got into some problems with the equipment and the only person who could learn to solve it fast enough, who was resourceful to think of the solution fast enough was da boss.

November 26, 2007 at 7:05 pm Leave a comment

The Good, Bad and ugly of working in a family business.

Just thought that this would make an interesting food for thought entry on the good, bad and ugly of working in a family business.

Good

  • You get flexibility in the work timings.
  • You get to see your family around you as everyone works as a team to forward the company.
  • You get several perks like the car, free lunches and direct interaction with the major clients in the company
  • You get to go on business trips aplenty as a representative of the company.

Bad

  • Unrealistic expectations from the patriarch and matriarch like how you’re expected to know everything cause you’re the “brilliant kid” in your parent’s eyes.
  • Pressure to excel much more than the average John and Jane doe.
  • Doing the jobs where no man will venture. IE, if your staff decides to default on the job, you have to come in and play.
  • Not having the choice of doing what you really want.

Ugly

  • Seriously, you have not much choice in dictating what you really want to do and you get thrown responsibilities at the whims and fancy of the boss.
  • Family nuances can too often come into play.
  • And you can’t quit.

It’s a love hate relationship and sometimes I do get tired. The above is not indicative of all family businesses but just the one that I am in.

Acknowledge the situation and change it. That’s the advice I have to myself.

July 3, 2007 at 12:22 pm Leave a comment

Hello World

I do notice that I haven’t blogged at this space for the longest time ever.

Most of it is due to the sheer fact that I was confused on how I could reposition this blog with respect to my blogspot and xanga blogs now that I am done with my technical postings for a little while. Nonetheless, I have decided that I will be focusing my efforts on my entrepreneurship journey here.

What entrepreneurship one may ask? I’m currently developing a mini high-tech product under the umbrella of my family business and I am doing it solo at the moment. My feng shui for the year reads that I should be working alone as the year of the boar is not too conducive for team environments in my case, that’s why I’m going solo.

Yeah right. 😛

There are many reasons, the pros and cons as to why I am doing it this way and I will talk about them in my future postings.

This wordpress will document all my thoughts on starting out this business, working through a product and bringing it live. It will also contain my lessons and the things I learn, both the hard way and soft way into this space. While you’re here, I intend that you will derive as much value as possible from my experience and be able to bring this repository of knowledge with you into your own entrepreneurial endeavours.

April 10, 2007 at 3:41 pm 2 comments

On Entrepreneurship – the old fashioned way

Dad has a pretty unique style of doing his business that most modern marketing/business gurus will seldom agree. People nowadays go for high tech/personal development books, you hear Blue Ocean Strategy, Innovators Dilemma, 21 irrefutable laws of leadership where they teach really revolutionary ideas about entrepreneurship, leadership, high tech strategies. Very engaging, and it takes a lot of practice to put them into life (which I am attemping to right now).

I try to get dad to move towards this direction all the time and can get quite frustrated when it doesn’t really go my way. Is my way, (the way of the books), really the best way? Sometimes I let my obstinate self get the better of me and I tend to forget that I am the one who’s reaping all the creature comforts from dad’s way of doing business. I forget that as much as I have read, I have not really implemented these ideas into life, yet. I forgot what it means to respect one’s ideas. But today, I managed to pull myself out from this rut and got down to understanding what is dad’s philosophy of doing business.

So, what is his philosophy? Just do it.

What? Just do it.

What about the SWOT analyses and Porter’s 5 forces and … ? Just do it.

I was stunned. I went on and ask him, do you have any plans for your company? Like the system on how you would like your customers to process their photos/documents before they send it to you for printing?

Dad’s reply was a short but surprising one: I have a basic idea, just set up some basic stuff, get the customers in and learn at the same time. Refine the system as time passes.

At this point, I still felt a little bit uneasy. I mean, I did discuss a lot with my friends on the possible methods to run the company and improve sales for Dad but whenever I told them that dad doesn’t do all the high technology analysis and marketing concepts, they were just as astounded and shocked as me on how my dad would just jump in and do a business this way but yet survive very well till today.

Then a realization struck me while I was taking a swim with him just now. The reason for dad’s success can be summarised in 2 points:

  1. He always had a goal whenever he starts on anything new, which is to bring the business to the state that he initially envisioned it out to be. And he let’s “U” take care of it. It is summarised as, 船到桥头自然直。 (A chinese saying that when a boat reaches the destination, it will naturally fall in place with the direction it’s supposed to be at) Intention manifestation at work, subconsciously. He focuses on a goal and handles any challenges that comes along the way.
  2. Just do it. This is the very essence of manifesting a business. Too much cow talk and bull shit does not make a business until you move your ass and start getting it done.

These are the 2 biggest points that I got out of chatting with him. I am not saying that it is the 100% true philosophy to start a successful business because that’s very debatable. But they are really very relevant points and elements for a business which I will learn to incorporate them in at my own experimentation and discretion.

Thanks dad! Good stuff! 🙂

September 12, 2006 at 8:31 pm Leave a comment


March 2020
M T W T F S S
 1
2345678
9101112131415
16171819202122
23242526272829
3031  

Recent Posts

Blog Stats

  • 35,208 hits