Showing posts with label business. Show all posts
Showing posts with label business. Show all posts

Friday, May 22, 2009

Entrepreneurial instincts...Do you have them?


I was talking with a friend last night about a billionaire entrepreneur who started two companies. He sold his first one for $600 million. He sold the other for $750 million.
That’s no coincidence. So called “serial entrepreneurs” have some common entrepreneurial instincts that set them apart from the average business owner.

These entrepreneurs assess business opportunities with a natural instinct.

Here are just two of these instincts (they’re closer to sicknesses, really!).

Compare yourself; do you possess them?:

The Due-Diligence Instinct:

Natural, instinctive entrepreneurs have an innate tendency to assess businesses constantly. As customers or observers they’ll run random businesses through their own due-diligence tests. For example, in a restaurant, while silently looking interested in the dinner conversation, they’re actually calculating how much their meal cost. Then, they’re figuring an average plate price for the entire location and calculating how many patrons might dine on an average night. From there, they can guesstimate costs and a few other things about the success of the business.

The Solution Instinct:

Natural, instinctive entrepreneurs have an innate tendency to think about how to solve problems. They are always looking while traveling or while they’re using some widget or service. They’re naturally thinking about how something can be done better or what might be lacking about a product, process, or system. Recently I read an article about a company that has come out with a new hanger to sell to dry cleaners. It’s sturdy, durable, cheap…and it’s made of paper. A high volume, environmentally friendly product with a highly targeted market. They’re eliminating waste and pollution by saving billions of metal hangers from being thrown in the trash each year. Their product is sweeping the nation. It’s a classic example of how an instinctive entrepreneur finds incredible new opportunities that are staring at millions of people every day–but it takes the solution instinct of a great entrepreneur to see it.
Article from Northstar Thinktank

Friday, March 27, 2009

Why you should expect setbacks

Has anyone ever told you that adversity is a gift?

You will never meet a successful person who has not encountered it. Why? Because adversity is what moves us forward, forces us to change our mindset and brings us to the next level of success.
Every successful person I know has encountered many setbacks on their journeys. In fact, setbacks breed wisdom and instill confidence as we learn to muddle through the challenges and seek out solutions.

The amazing thing about adversity is the extent to which it carries with it a benefit. There is not one setback that you will encounter that does not come with a benefit and it is your job to discover what that benefit is.

Expect setbacks and embrace their advantages. The deeper the setback, the greater the advantage that will accompany it in the long run.

excerpt from Ladieswholaunch.com

Thursday, November 27, 2008

1st, 2nd or 3rd child? Find out how it affects your business


Check out the Adler's theory about each of the birth order positions:

1. Self-starter. The only child is self-sufficient and doesn't mind playing alone. Though he is the center of attention, he will most likely express his uneasiness over it later in life.

2. Leader Material. The oldest child has a take-charge attitude and often functions as a leader when he is among his peers.

3. Driven Rebel. The second child is more competitive and wants to overtake the older child - so much so that he may rebel or try to outdo everyone. He is most likely the most driven individual in the family.

4. Tough Negotiator. The middle child may be even-tempered, assuming a "take it or leave it" attitude, and may have trouble finding his place. On the other hand, he could also turn out to be a great mediator or negotiator.

5. Certified Charmer. The youngest is frequently spoiled and may never be dethroned as the baby of the family-so much so that he is likely to have big plans fueled by the desire to outdo all his other siblings. Then again, youngest kids are often very charming and enjoy being the life of the party.

Sunday, September 28, 2008

Life lessons learnt from F1

After a heady weekend of fast cars and parties, I'm exhausted and walk away with newfound respect for the Formula One drivers. Here are some life lessons we can learn from them:

1. Always be prepared

"You have to be ready for something that is coming but you don't know when or where," says Heikki Kovalainen. Just like them, we should always be three-steps ahead and anticipate all the twists and turns that life sometimes throws us.

2. Being mentally strong

The most important job for an F1 driver is to drive their pants off in the car. They have to be switched on 110%, as they need a good memory and awareness to communicate to the mechanics and engineers what the car is doing. Keeping our brain alert and sharp is crucial to stay ahead of competition and retain and delight our customers.

3. Physically fit

Formula One drivers need a unique combination of power, aerobic fitness and mental strength to handle speeds of more than 200mph and forces of more than 5G for 90 minutes at a time. They train like marathoners and are one of the fittest athletes around. Being physically fit keeps our brains active for the "marathon" of running our own business. Keeping well will also let you enjoy your fruits of labour better.

4. Being commited

These drivers race on average one-and-a-half days a week throughout the year, but the rest of their time is spent preparing for that. As I always like to say, opportunity is good luck combined with preparation...and lots of it! When you have done your homework and am on top of your game, you will be better equipped to make the most out of life's opportunities.

5. Never giving up

My heart went out to Felipe Massa who had an unfortunate pit-lane accident that robbed him of his potential victory. Despite being incorrectly given the green light, this guy with the big heart refused to blame anyone for the incident and instead vowed to give his best shot in overturning the gap between himself and Hamilton. If we could only learn one lesson from F1, this would be it.

Friday, September 19, 2008

This boring headline is written for Google

If you are a business owner building your website or a PR executive, pay special attention:

Google (and other search engines) are forcing newspapers to change their approach to writing news headlines.

In newspapers and magazines, for example, section titles and headlines are distilled nuggets of human brainwork, tapping context and culture. “Part of the craft of journalism for more than a century has been to think up clever titles and headlines, and Google comes along and says, ‘The heck with that,’ ” observed Ed Canale, vice president for strategy and new media at The Sacramento Bee.

It’s not just traditional news media either. Bloggers also have to sacrifice creativity in order to have a greater chance of being found in news search engines.

It’s not just news media though. Web designers have no choice but to change the way they create websites. For years, they’ve been told not to use Flash or to limit JavaScript, otherwise the search engines will ignore them.
As a result, we’re losing all sense of creativity on the web.

In other words, if you are looking to sell leather handmade bags online, you should have a static (boring) website with the key words (do your Google keyword search) – Leather handmade bags in your header, and NOT some pretty website with flash and something creative (but ambiguous) like, This is even better than sex…

Get the point? Do you want money or do you want to look good?

You choose.

excerpt taken from www.marketingpilgrim.com

Tuesday, September 16, 2008

21 reasons why starting your own business is similar to prostitution

I'll probably get flak for this post...but what the heck.

Here are the reasons:

1. You are both after money.
2. The more clients you have, the more money you’ll make.
3. You have to look good.
4. It is tiring work.
5. You have to be careful who you deal with.
6. There are good days and there are bad days.
7. Competition is stiff.
8.The better you are, the more business you’ll get.
9. Looks are not everything, service is more important.
10. You don’t need a degree.
11. Experience is not required.
12. Relatively low cost to start.
13. You have to work weekends and all through the night.
14. You lose touch with friends and family.
15. Marketing aka “pimping” is important.
16. It’s lucrative.
17. You don’t need a business plan.
18. Self-improvement is key to survival.
19. You can stand to lose everything.
20. It helps to have “connections”.
21. More assets = more value.

Gives a whole new meaning to "whoring yourself out".

Sunday, September 14, 2008

10 things you DON'T need to start your own business

1. A degree

2. Experience

3. Lots of capital

4. An office (see my solopreneur note below)

5. A business plan

6. A website

7. Hire staff

8. A blackberry

9. A business partner

10. An investor

Saturday, September 6, 2008

Do you have G-cred?

G cred (n.): Google credibility. What someone sees when they Google your name, business, product, organization or whatever. It’s an increasingly important measure of legitimacy and how seriously someone will take you.

As Google and the Web continue to mature, online visibility will equate to credibility on every level. It does now in this Web 2.0 world, through blogs and a myriad of social media sites that have become a respected, easily accessible and exponentially expanding source of cred. In short, word of mouth on steroids.

Respected marketing gurus like Tom Peters and Seth Godin have been preaching the value of building one’s “personal brand” for years. In The Brand You, Peters explains how career survival is not about blending in but about standing out:

“Regardless of age, position or the business we happen to be in, we need to understand the importance of branding. We are CEOs of our own companies: Me Inc. To be in business today, our most important job is to be head marketer for the brand called You.”

If you do a Google search on yourself and little comes up, or it’s dated, well that’s not good. If you happen to be someone in the marketing communications business and that happens, you’d better hope it’s not a potential client or customer doing the searching.
For more information on building your G-cred, check out John Follis' blog: http://thefollisreport.com/

I am building my G-cred via article contributions to:

www.Sellingbooks.com
Habla blog (www.wardspeaking.com/blog)
www.Smallbusinessceomagazine.com
Gurupak books
Ladies Who Launch partnership directory (http://www.ladieswholaunch.com/)
www.Ezinearticles.com
www.Articlesphere.com…and many more.

Exciting update: Think Big, an Australian magazine, would like to review Boss of Me!

About Think Big:

Think Big Magazine is published by Mindset Media Pty Ltd. Think Big has been developed to capture and reflect the values and tools of leaders, inspirational people, entrepreneurs and every day wisdom. We are interested in stories that inspire and motivate people. Think Big writers and contributors are leaders in their fields and include Chris Howard, John Demartini and Justin Herald plus many more. Think Big is published every two months and is the only magazine in its class that features a full online version. Think Big is distributed through 2,500 Australian newsagents and is available through paid subscription. Back copies are distributed through Universal and Chris Howard events and other events. Think Big also has a VIP subscriber list of over 1,000.

(Many thanks to Peter Shankman!)

Thursday, September 4, 2008

Die standing

I died standing today. Not literally but figuratively, of course.

I had a meeting with a top trainer and events organiser for entrepreneuralism to explore ways to promote my book, Boss of Me! I was ill-prepared, inexperienced (in the events department) and sorely lacking sleep. The result: I asked all the wrong questions (even asking the same question 3 x!) and had no concrete proposal.

Luckily, he was a very nice guy and offered advice. The amazing thing is, he still wants to work with me! So, we are jointly organising a Boss of Me! event. This will be a great branding and sales platform for my book.

Despite my terrible show, I walked away with valuable lessons from our short one hour discussion. Events is a totally new direction for me and I am part excited, part filled with trepidation. But, what the hell! I'll rather die standing than live the rest of my life on my knees!

Wish me luck :)

Thursday, August 28, 2008

Sleep & Get Rich!

To write my first book, Boss of Me!, I had the privilege of hanging out with many successful people and hours were spent chatting as I delved into their psyche to find out what makes them tick. I realized that great entrepreneurs have a three-step formula that's present across the board. And, I am going to share my privileged knowledge with you.

Formula 1: Only the best will do. They identify what really works in business by learning from the best experts in the world. They do their research thoroughly and avoid the self-serving-hype that's marketed as "the next great solution".

Formula 2: Learn very well. They systematically study and retain what they're taught. You won’t find them skimming material, breezing through books and yawning at seminars. Like scientists, they absorb, ponder, analyze and review the material over and over again.

Formula 3: Application is key. They develop tunnel vision and focus on their objective. They go and do the work…and pay the price. They take the risks and understand that no matter how much knowledge they have, only action will help them achieve their goals.

That is why for my second book, Sleep & Get Rich!, I tracked down 10 top passive income earners to play mentor and help readers eager to emulate their incredible success. Passive income stands for money that is generated automatically and regularly, from a source or multiple sources other than your 9-to-5 job and money-making gurus extol it as the best way to get rich.

Case in point: a large part of renowned wealth guru, Robert Kiyosaki's teachings focus on generating passive income by means of investment opportunities, such as real estate and small businesses, with the ultimate goal of being able to support oneself by such investments alone. Building wealth through passive income is exciting because it does not require you to change careers or work two jobs. It keeps more cash in your pocket and releases you from job dependency, making you truly financially free.

Most people have no idea what they can do for passive income. This book sheds light on the Top 10 passive income jobs and the people who have done so successfully. These gurus will provide a step-by-step guide on how you too can implement passive income into your life as well as share their challenges and million-making ideas. Learn how you can get paid multiple times for the same work – for example, write a book or license an innovative idea and collect royalties for years; become a multi-level marketer and get a piece of every sale made by others in the organisation. The dollars will literally roll in while you sleep!

Sleep & Get Rich! will contain information so well explained that many who read this book will find it hard to resist implementing one, if not several, of this book’s recommended income strategies. It will provide readers with role models that they can “model” themselves after and their real-life examples will definitely inspire readers.

It sure did for me! Already a passive income earner? Email me and maybe we can share tips :)

Wednesday, August 20, 2008

How to sell books by the truckloads

I agree with Mark Bennett, the self-published author who sold five million books to companies, that selling books in mass quantities is the way to go. Distributing to the book stores and waiting for individuals to buy your books is pittance. The big moolah is to go direct to companies.

I have taken the first step by offering to be a contributor to the Association of Small and Medium Enterprises’ (ASME) e-newsletter which goes out to 14,000 company eyeballs.
Some ideas:
1. Give Boss of Me! as incentive for motivational seminars.
2. Use Boss of Me! as case studies for business schools.
3. Use Boss of Me! to inspire employees at insurance, real estate and network marketing companies.
4. Give Boss of Me! to inspire incubatees of venture capitalist companies.

Now, how do I get 20 companies to each buy 50,000 copies of Boss of Me!?

Monday, August 18, 2008

My sister, my business partner

This has been a long-time coming...and I've been itching to blog about this but can't as my sister, Pam, has not tendered her resignation yet. She did it today and I’m very thrilled to announce our partnership!

I've been slaving with Pam, aka Internet marketing champ, for our diet and fitness ebook for post-pregnancy women. Called The Essential Post-pregnancy Weight Loss Guide (there's a very good reason for this long-winded title but if I tell you, I'd have to kill you...), we have been shunning sleep, bugging each other online and pushing each other for the last 4 weeks, and I'm as excited as a pedophile in a pre-school about our ebook going on sale this week.

Pam decided to quit her job as a marketing specialist at an MNC to be a full time Internet marketer after taking a course. I am so proud of her and I know that she will shine and do really well. We make great partners – I write, she markets. Working on the ebook and learning how Internet marketing works has been a Mt Faber-esque learning curve, filled with new lingo (SEO, PPC, autoresponders, affiliates, google adwords) and her voice still haunts me at night ("Lin, must repeat keywords at least seven times!").

What I've learnt from Pam:

- How to identify the market /demand. Check it out at http://www.freewordtrackertool.com/ This site shows you what keywords they are looking online.
- Check the competition through google. Learn how to identify if you can "fight" the competition.
- The basic website tools, what works and what doesn't work.
- Website template, content creation and search engine optimization.
- The marketing process: learn how the target audience thinks and positioning yourself.
- What motivates people to buy.
- Automating the process. How to fire yourself and enjoy the sales raking in!!

She is THE person to go to if you want to learn how to market a product online, optimise your website and boost online sales. For more information on her, check out www.pamelinareviews.blogspot.com

Monday, August 11, 2008

Today, we're going to discuss sex and dog poop...

Mark Joyner uses two options - sex or picking up dog poop - when he talks about what you really want to be doing.

The hard cold fact is that owning your own business may be "picking up dog poop" for you. If you don't feel as thrilled by having a business as you do having sex, this may be a sign that you don't want to have your own business.

Having your own business is an addiction and if you aren't getting a high running one, it's going to destroy you. Like most addictions, it may destroy you even if you do love it. The only difference is that if you love what you are doing, you will have a great time on your way to destruction.

So, what are some signs you shouldn't have a business? Try some of these on for size and see if they fit you:

- I can't stand change
- I need a steady paycheck
- I don't really like people
- I can't seem to take action
- I hate to learn new things
- I hate doing sales
- I hate keeping records
- I can't pay the grocery bill next week
- The landlord just kicked me out
- Nobody likes me
- Etc., etc.

Don't worry too much if you find a few things in the list that fit you. A couple of them fit me.

I'm not that crazy about change and I don't like accounting much. I'd be a lot better at business if I loved keeping records and doing sales, but no one is perfect and you don't have to be perfect to be successful.
What you do have to realize is that you have to deal with a lot of the things that are on that list if you want to own your own business, so decide now whether this is how you want to spend a ton of time and money.

Do you want to be doing this even when you would rather be doing something else?

Excerpt taken from Kenneth A MacArthur of jvAlert.com

Thursday, August 7, 2008

Do you have what it takes?

Here's a look at the 11 Killer Instincts of Entrepreneurship:

1. The Solution Instinct: This is about ideas and always seeing them. It's about seeing new opportunities while traveling, shopping, or working. Seeing problems and potential solutions to those problems is at the heart of valuable ideas and business models.

2. The Detective Instinct: This is about fact-finding and due-diligence. It's about letting go of the emotion and excitement of a good idea and taking a venture-capitalist approach. This instinct is something that keeps one constantly assessing how a business model will work, scale, and succeed... without personal bias.

3. The Great Communicator Instinct: This is about connecting and constantly selling. It's a constant awareness that every point of communication matters. Whether communicating with partners, investors, vendors, employees, or competitors; every communication is an opportunity to strengthen your company.

4. The Youthful Genius Instinct: This is about doing what you love. When we were young, we dreamed big dreams and showed glimmers of what we might become. Tapping into the expectation of our youth is central to successful entrepreneurship.

5. The Entrepreneurial Heritage Instinct: This is about how our heritage can reveal some or our natural gifts. What has your family and ancestors been successful at already? Exploring your roots can help one tap into opportunity. There is a reason why many families pass along entrepreneurial success and create "dynasties" of their own.

6. The Risk-Taker Instinct: This is about going out on a ledge. No risk, no reward. It's a fundamental factor of business building or almost any major endeavor. Finding the calculated balance of risk and opportunity is key.

7. The Work-Horse Instinct: This is about paying the price. Doing whatever it takes. Those "overnight successes" usually require at least 5 years of hard work and incredible sacrifice to get there.

8. The Thick-Skinned Instinct: This is about being tough. Resilience, optimism and a positive mindset reside in every great entrepreneur. The fundamental key to success in attaining goals? Never give up.

9. The Flexibility Instinct: This is about being willing to change. Emotion and pride must be removed from the process while building a business and paying attention to the best route to take. The right path naturally eventuates; if you're willing to recognize it and take it.

10. The Human Instinct: This is about people. Attracting the best people is more important than the business model itself. Treating people well, leading well, and serving with care is a fundamental reason why anything worthwhile should be built in the first place.

11. The Knowledge-Quest Instinct: This is about constantly learning. Reading, thinking, listening, observing, absorbing, and applying is a hallmark trait of a great entrepreneur.
Taken from Northstar Thinktank (http://www.northstarthinktank.com/), one of my favourite business blogs.

Simple & effective


Some of my favourite musings today:

"Sight is what you see with your eyes, vision is what you see in your mind." - Robert Kiyosaki

"Opportunity is missed by most people because it is dressed in overalls and looks like work." - Abraham Cowley

“There is one elemental truth, the ignorance of which kills countless ideas and splendid plans: that the moment one commits oneself, Providence moves all.” – Wolfgang Goethe

Friday, July 18, 2008

Forever a student

I have an insatiable hunger for self-enrichment and random facts (any kind, from frivolous to studious), that is why my well-fed inbox is inundated with subscribed newsletters. One of my favourites and daily trawl from the www is:

http://scholarship.northstarthinktank.com/scholarship.htm

Proffering advice from experts across all industries, it is a must-read for all business owners.

Friday, July 11, 2008

How to be a Boss of Me


There are certain traits and characteristics that stand out for Boss of Me individuals:

1. Restlessness - Job hopping and a general discontentment about making money for someone else.

2. Business-minded - You like to read about entrepreneurs and how much money they are making; you automatically calculate how much business companies are doing.

3. Risk-taker - You dabble in the stock market and are open to taking calculated risks. You are always looking for ways to leverage your capital.

4. Self- help - When you read, you are drawn to biographies about successful entrepreneurs, motivational business books and finance. You think that reading fiction is waste of brain cells.

5. Rally - If possible, you like to surround yourself with rich and successful people. Talking about business all day with them is a pleasure.

6. Thinking big - You are known for your lofty ideas and day dreams. You regale your friends and partners with your exciting business strategies.

7. Planner - On your desk are your goals for the week, month, year and the next five years. You have your life planned to the minute.

8. Walk the talk - You get things done. Sometimes, you are known to be impatient.

9. Fired up - Optimism and enthusiasm define you. The word "no" does not exist in your vocabulary.

10. Confident - You are brimming with self-belief and have complete and utter faith in your own capabilities. Naysayers be damned!

Thursday, May 22, 2008

Media coverage!

Boss of Me! has garnered quite a bit of media interest. Media coverage in August includes:

Vanilla magazine August

Valuable life lessons gleaned from 20 of Singapore’s movers and shakers.

Successful people and their magic formulas have always fascinated me. In my view, a successful person does not have to make millions. He (or she) is someone who pursues his dream, remains steadfast to his vision and emerges as the leader in his chosen field. I decided to find out what makes successful people tick by interviewing 20 local heroes and have compiled my findings into a book called, Boss of Me!.
All my interviewees pursued their dream jobs with a dynamic combination of bravery, inspiration, support from family and friends, and lots of drive and determination. What they have done can be repeated in many different fields and you too can transform your passion into something gratifying and profitable. Here are five key qualities that will help you succeed in the right job, right now.










1. Develop a clear sense of what you want to achieve

The mind is an amazing tool and if you have a goal in sight, you will achieve what you focus on. That was what happened for Wendy Leong, one of the only five female pilots out of 120 pilots at SilkAir. She knew she wanted to be a pilot when she was 10 years old after a family friend brought her onboard a light aeroplane for a joyride. Even though airlines did not hire female pilots back then, Wendy was undeterred and enrolled in a mechanical engineering diploma course at Singapore Polytechnic to learn about the construction and engineering aspects of aircraft. She knew that this would be an advantage for her when she became a pilot as she would understand plane engineers better.
After graduating from the United Kingdom with a degree in Mechanical Manufacturing, she returned to Singapore Polytechnic to be a lecturer. During this time, she continued to keep an eye out for the chance to pursue her dream job. She even saved diligently while she was lecturing so that she would have cash to tide her through the months of pilot training. Wendy’s wishes were finally answered when she was watching television one day in early 2002. “I saw the first female pilots in SilkAir and the Air Force being interviewed. Without wasting any time, I sent in a letter of application to SilkAir and was delighted to be accepted!” She is now Senior First Officer and has her sights set on being Captain in the next two years.













2. Think big and compete on an international field

Singaporeans tend to favour international brands over local ones. However, some entrepreneurs have overcome that hurdle by having an extraordinary idea and the guts to pull it through. Back when most day spas were medical or European-style spas that imported most of their treatments and philosophies wholesale, Cynthia Chua, managing director of Spa Esprit Group, revolutionised the spa industry by offering treatments, like hot stones massages, that were not yet available in Singapore. Today, she has a burgeoning empire of 30 shops and has also expanded to Dubai, London, Malaysia and Jakarta. “Going international is a big endorsement for my company. It is great when people acknowledge what you have done and want to have your business.”

Another entrepreneur creating waves regionally is Daniel Tay, founder of Bakerzin. From a small bakery in a low-key condominium in Sembawang supplying French bread and pastries to hotels and restaurants, he now has 20 outlets in Singapore, Shanghai, Indonesia and Malaysia, and he intends to expand to the United States in the next few years – giving global café chains a run for their money. “I want to have 100 Bakerzin cafés globally in five to 10 years time.” His business philosophy - “If Starbucks can do it, why can’t I?”








3. Don’t get attached to money

Face the fact that if you go into something purely to make lots of dough, chances are you will not succeed. Walking the talk is prominent animal activist, Louis Ng, who believes that feeling like a million dollars is better than actually having it. He founded and runs the Animal Concerns Research and Education Society (ACRES) - a wildlife research and education centre, and earns $1,400 monthly despite having a Masters of Science from an American school. So far, ACRES has helped in the rescue of more than 160 animals from the illegal wildlife trade in Singapore and it has also raised more than $700,000 in funds.
Another “giver” is well-known aesthetics doctor, Dr Georgia Lee. Known in the media for her penchant for designer labels, not many people are aware that Dr Lee is also renowned for her generosity - not in the material sense, but in her genuine desire to help people. She frequently organises “self-improvement” parties for her customers, like a make-up class conducted by famous make-up artist, Andy Lee, and she pays for these parties out of her own pocket. She also told one of her clients, a stressed-out housewife, to take time-out daily for herself, and if she succeeds, her next treatment will be on the house. It is no wonder there is a three-month waitlist to see her!













4. Reprogram your mind - paper qualifications are not that important

In Singapore, where it has been instilled that a degree is necessary to make a living, fashion photographer, Geoff Ang, has defied the odds. Bad at school, he dropped out of Primary 6 to be a photographer at his dad’s production house and now makes up to $80,000 a day as one of Asia’s most sought after photographers.
His lucky break came when he had to take portraits of Daniel Yun (of Mediacorp Raintree Productions) for Dunhill and Daniel loved his photos so much that he tasked Geoff to shoot promotional pictures for their top 30 artistes in Mediacorp. Geoff impressed everyone with his stylised, avant-garde pictures of the stars which were publicised in 8-Days magazine. This forward-thinking lens man then ploughed all the profits he got from the job, all $38,000 of it, into a digital photography system which allowed him to tweak, enhance and make his photos into surreal-looking works of art. It was refreshing and had never been done before. It jolted the fashion industry and magazine editors started calling him to do fashion shoots for them.













5. Being a pioneer will give you an unfair advantage

Use what makes you different to your advantage and embrace the unknown. That is what Zouk’s founder, Lincoln Cheng, did. A former hippy who was a regular at legendary festivals like Summer of Love and Woodstock, he travelled around the world to party in uber-cool clubs like Studio 54, Paradise Garage and Hacienda. It was during one of his yearly jaunts to party island, Ibiza, where he caught a deejay playing a new blend of dance music that was very different from the usual pop tunes played commercially back then. This new sound intrigued Lincoln’s ears and he promoted it at the newly-opened Zouk back in 1996. It caught on in a big way and Zouk is now touted as one of the best clubs in the world.
Lincoln had always believed in being the pioneer – he introduced steel structures for high-rise buildings in Hong Kong while everyone was still using cement, and started the boating lifestyle there by selling luxury yachts. In fact, he had the foresight to propose building a world-class marina on Marina South in 1983, but it was rejected by the URA. He was the leading system furniture supplier in Singapore and handled numerous turnkey projects for the government sector. “I’ve always liked niche markets and I like to be original, doing things that haven’t been done before,” says Lincoln sharing his success philosophy.




Her World magazine August

Interview in Women Now section: Three things I've learnt from my book.

1. Buy books that you have no interest in

That is how Ban Yinh Jheow, founder of multi-million dollar toy empire, Stikfas, keeps his mind active. “I have books ranging from Aids to quantum physics and this approach ensures that I never stop learning.” This constant cultivation of his mind has enabled Yinh Jheow to come out with innovative ways of promoting his business. For example, instead of going to the distributors, he went direct to the consumer by selling Stikfas exclusively online, creating a consumer push so that distributors came to him instead. He used another unique strategy to score a distribution licence with international toy giant Hasbro in 2002. “We placed a full-page teaser ad with our website address in Toyfair, a top US magazine. That caught the attention of Hasbro and they approached us.” From 2002 to 2004, Stikfas was licensed to Hasbro and this move saw a significant increase in its product range, distribution network as well as market recognition.

2. That you can make good money being an artist

Artist Lee Wai Leng commands an impressive $2,000 to $4,000 per artwork, depending on how intricate it is and has worked with branded clients like Levi’s and Chanel. “People have the misconception that artists don’t make a good living but we can. Like all freelancers, how much you make is dependent on how hard you want to work,” she says, dispelling the notion of ‘struggling artist’. She works hard for her money though, promoting her work via yearly exhibitions and handing out her namecards at social events, which she calls a “necessary evil”. To boost her portfolio with big-name clients, Wai Leng also works closely with advertising agencies who call upon her for her distinctive artwork. “I’m old-fashioned and believe that hard work pays off. I add value by offering my two-cents worth to all my projects. That is my edge and my clients appreciate that as an illustrator’s eye offers a different perspective to things,” she shares.

3. Don’t get attached to money

Face the fact that if you go into something purely to make lots of dough, chances are you will not succeed. Walking the talk is prominent animal activist, Louis Ng, who believes that feeling like a million dollars is better than actually having it. He founded and runs the Animal Concerns Research and Education Society (ACRES) - a wildlife research and education centre, and earns $1,400 monthly despite having a Masters of Science from an American school. So far, ACRES has helped in the rescue of more than 160 animals from the illegal wildlife trade in Singapore and it has also raised more than $700,000 in funds.

Wednesday, April 23, 2008

What an amazing journey!

It is a dream come true - how my fascination with successful people led me on 20 amazing journeys with my local heroes.

Everyone of them has lifted me up and inspired me with their amazing life stories. Like a mother who adores all her children (for me, all 20 of them!), it is hard-pressed for me to pick my favourite. However, if I really have to choose, there are three that stand out for me:





1. Dr Georgia Lee

Power secret – Always give back more than you take!

Quote: Success is achieving all that you set out to do and being the best at it.

- Wanted to be a doctor at eight years old.
- Opened her clinic, TLC Medical Center, with $300,000 from her husband.
- Has 10,000 clients, including celebrity coiffeur, David Gan and the who’s who of society.
- Works 14-hour days, six days a week.
- Organises and pays for self-improvement classes for her customers.
- Dreams of owning a jet plane so that she can do house-calls around the world.

She is known in the media for her penchant for designer labels, but people who know Dr Georgia Lee, Singapore’s most glamorous doctor, will also attest to her amazing warmth. It is this attribute of hers that patients wait up to two hours to see her and all disgruntlement disappear the moment she opens her clinic door and greets you with the cheeriest ‘Hello!’ you have ever heard in your life!
One of the most renowned aesthetics doctors in Singapore. Dr Lee aspired to be a doctor since she was eight years old. “I wanted to help people and being a doctor is a very rewarding, feel-good job,” says this willowy 39-year-old. “I was a very self-sufficient child and would plan my own homework timetable and study very hard. I was lucky and did very well in all the important exams,” she recalls. Her discipline and hard work paid off and she graduated from the National University of Singapore with a degree in Medicine.
She spent six years working in a few hospitals after graduation and opened TLC Medical Center in Holland Village, in 1999, with $300,000 capital from her husband. His investment has since increased many-fold and the annual turnover is “in the high seven-figures”. Dr Lee started out as a general practitioner but it was a bad allergic reaction that kick-started her interest in aesthetics. “A contraceptive that I took made me develop ugly blisters on the left side of my face. The blisters went away but I was left with pigmentation that was so bad that I hid at home and people thought I was either beaten up by my husband, had herpes or had Aids.” She spent the next six to nine months researching on lotions and managed to heal her scars. “That unfortunate incident was a blessing in disguise as it got me interested in aesthetics and led me to help other people with skin ailments,” shares Dr Lee....





2. Louis Ng

Power secret – It’s better to feel like a million dollars than to actually have it!

Quote: Success is waking up every morning knowing that I am making a difference.

- Louis wanted to be an animal activist after watching Gorillas in the Mist.
- At 21, he successfully put a stop to chimp beatings in the zoo.
- Started ACRES to educate the public about animal cruelty.
- Currently draws a salary of $1,400 but says he feels like a million bucks.
- Built a rescue centre for animals rescued from illegal wildlife trade in Singapore.
- Wants to demolish the wildlife trade before he dies.

You cannot help but be swept away by Louis Ng’s passion for animals when you meet him. As Singapore’s most ardent animal activist, he has managed to raise an impressive $700,000 to date for his cause, ‘ACRES’- Animal Concerns Research and Education Society.
“I was 14-years-old when I saw a documentary about saving turtles in the wild and it dawned on me that I was actually killing them with my fondness for turtle soup. That was the start and I stopped drinking turtle soup, followed by sharks’ fin soup and stingray after watching more documentaries,” says Louis, reliving his early days. But, it was the movie, Gorillas in the Mist, a true-life story of naturalist Dian Fossey and her work with gorillas that changed his life. “I turned to my mum in the cinema and told her that I wanted to be just like her, which freaked my mum out as Dian Fossey was murdered at the end of the show,” relates Louis with much amusement.
He had the choice to enroll in an engineering course at the National University of Singapore which would have ensured a stable 9-to-5 career earning big bucks. However, Louis opted to do a Biology course instead so that he could pursue his interest in wildlife conservation. He received his Bachelor of Science in Biology and his Master of Science in Primate Conservation from the Oxford Brookes University. “My mum, like any parent, was angry because she thinks I will have no prospect when I graduate, but I’d rather be happy than rich” says this 30-year-old who currently earns $1,400 monthly.....


3. Ban YJ


Power secret – Make the most of what you have and think out of the box!

Quote: Success is finding the perfect balance in your career, health, relationships and spiritual growth.

- Ban started his company because of a stray dog.
- Stikfas was born in 2000 and has sold more than four million units today.
- He attributes his creativity to his care-free growing up years in a kampong.
- Sales took off after Stikfas was licenced to toy giant Hasbro.
- Fans range from seven to 60 year olds.
- Ban wants Stikfas to be a heritage brand like Lego, for the future generations.

His multi-million dollar toy empire began with a stray dog called Tripod. Animal lover, Ban Yinh Jheow, better known as Ban, found a wounded, brown mongrel near Nicoll Highway in 2000. He wanted to keep the dog, which he called Tripod as it had only one good leg, but his HDB flat was too small for it, so he looked around and eventually, found a 2,000 sq ft shophouse in Katong that was going for $1,400 a month in rent. “I needed to make a business out of the premises to pay the rent,” says this youthful looking 39-year-old. At that time, he was unemployed after an animation company he was running closed down. Using his background in animation and vivid imagination, Ban began designing a prototype of an action figurine which he called the Alpha Male. This figurine was the first of many that Stikfas – which comes from the words ‘stick’ and ‘fast’, would later produce. A year later, he registered the company and ran the business in the shophouse with two staff.....