The only things that never change in this world is change. Change is constant. Especially in today's world where 3 years might equal to 30 years in the past. Company that see other change but do nothing will fail. company that follow the trend, will struggle to survive because of competition. Only company that make changes or lead changes will thrive.
Doing business is like sailing in a sea. There are huge wave and danger hiding all around. I use this example because we can easily see the things that we need to sail safely across.
We need a big and solid ship and complete equipments. Those are our business model and our business core competency.
We need great leader that is focus who can to steer us through in calm and danger situation.
We need a team of sailers and people that have the same goal as the leader.
Always,
Equip yourself, plan ahead, if anything happen beyond your expectation, make changes and build on strength.
Be persevere and focus. don't give up easily.
Prudent and know what you are doing.
Although change is constant, we need to be calm to be able to see the changes.
Wednesday, December 28, 2011
Sunday, November 27, 2011
Macao and gambling
Been to Macao, I feel very uneasy with gambling business.
I really feel it's a sinful place. There are so many casinos and every hotels has it. They give promotion paper to tourist like crazy. A lot of tourists just throw to dustbin. 1st is the very waste of paper. How many trees has to be chopped down because of these casino promotion materials encouraging gambling activities. 2nd, each casino provides free bus shuttle transports you to their casino for gambling. How many petroleum reserve has to be used to promote gambling.
Every casino built up into very high class feeling for those gamblers to feel that they are very rich. They use a lot of gold color, crystal, metallic silver color. Each building design is extensively spectacular. You can even see vienna inside the casino. I feel the every casino design is monster, purposely making you cannot leave the casino. It's easily lost inside. It's so beautiful as you will not notice what time it is now. 24 hours operating.
When you manage to leave casino, there are so many luxurious shops around casino. If you are not lose in casino, Macao will make sure you lose it whether in luxurious shop, or for night services outside.
Although I can see that gambling is a very profitable business, but from now on, I will not invest in gambling business.
I personally feel genuinely Macao culture is ruined by casino, don't talk about their economy is mainly supported by casino.
I don't like Macao.....
I really feel it's a sinful place. There are so many casinos and every hotels has it. They give promotion paper to tourist like crazy. A lot of tourists just throw to dustbin. 1st is the very waste of paper. How many trees has to be chopped down because of these casino promotion materials encouraging gambling activities. 2nd, each casino provides free bus shuttle transports you to their casino for gambling. How many petroleum reserve has to be used to promote gambling.
Every casino built up into very high class feeling for those gamblers to feel that they are very rich. They use a lot of gold color, crystal, metallic silver color. Each building design is extensively spectacular. You can even see vienna inside the casino. I feel the every casino design is monster, purposely making you cannot leave the casino. It's easily lost inside. It's so beautiful as you will not notice what time it is now. 24 hours operating.
When you manage to leave casino, there are so many luxurious shops around casino. If you are not lose in casino, Macao will make sure you lose it whether in luxurious shop, or for night services outside.
Although I can see that gambling is a very profitable business, but from now on, I will not invest in gambling business.
I personally feel genuinely Macao culture is ruined by casino, don't talk about their economy is mainly supported by casino.
I don't like Macao.....
Property price
Property price is related to supply and demand. People rushing to buy because
1st the economy is good or people expect it to be getting better.
2nd is the demography, local or lots of foreigner come and live here.
3rd is the low interest rate, low rate tends to boast economy growth but too low tends to invite speculation and cause volatility in property price.
But long term, it's the opportunities that count. Opportunity will invite investment and draw in foreigner, as more money circulate in the country, people become richer. Here we don't count the disparity of income. But ultimately, demand will boast up all price, from salary to property.
I suggest that for long terms, property price will continue to rise in those cities like shanghai, Beijing, hongkong, Penang too.
1st the economy is good or people expect it to be getting better.
2nd is the demography, local or lots of foreigner come and live here.
3rd is the low interest rate, low rate tends to boast economy growth but too low tends to invite speculation and cause volatility in property price.
But long term, it's the opportunities that count. Opportunity will invite investment and draw in foreigner, as more money circulate in the country, people become richer. Here we don't count the disparity of income. But ultimately, demand will boast up all price, from salary to property.
I suggest that for long terms, property price will continue to rise in those cities like shanghai, Beijing, hongkong, Penang too.
Tuesday, November 1, 2011
The sequence
If you are employed by others, you have to pay tax to government before you can pay yourself.
If you have your own company, you can pay yourself first before paying tax to government.
This is a major factor why the rich get richer and the poor remain or worse.
After getting salary,
You can spend first before saving, or, Save first before spending.
First one either you end up no saving, or become to stingy and scare to spend.
Second one you will know at least how much you can save, and the extra that left after spend is bonus.
If you have your own company, you can pay yourself first before paying tax to government.
This is a major factor why the rich get richer and the poor remain or worse.
After getting salary,
You can spend first before saving, or, Save first before spending.
First one either you end up no saving, or become to stingy and scare to spend.
Second one you will know at least how much you can save, and the extra that left after spend is bonus.
Sunday, October 30, 2011
Yup, I am interested...
今早醒时一直觉得今天是星期一。因为我好害怕last day 的到来。梦中有人问:will you be movie script writer or director? I answer I like to do creative thing. I like to day dreaming, those common thing I like to do it differently. They all laugh at me. But ......"Ya, I am interested."
If people are willing to give me chance, and it is an opportunity, I want to try.
Ya, I am interested.
If people are willing to give me chance, and it is an opportunity, I want to try.
Ya, I am interested.
Sunday, October 23, 2011
Social unrest globalization
Social unrest will be exaggerated in western develop countries if unemployment rate remain high. Stagnant economy in those countries will make people loss patience. "The problem need to be solved!" The emotion spread to the whole world through social network. The world is getting disorder, inequality is getting higher, watch out of riot globalization, because this is the new normal and I don't see develop country economy will recover in another 3, 5years. Emerging countries, 加油!gambateh!
Saturday, October 22, 2011
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