Felix Dennis

He is a self-made millionaire, poet and author for 'How to get rich', sounds cheessy i know but seriously a good read. I read it religiously every night and gosh, it is as if the book was written just for me!



Every single thing that he wrote in that book is exactly what I am encountering now.

Close friends, relatives, parents and lovers might be the source of your downfall if you let them to step on your dream, doubt your vision and belittle your ambition.

I will not let that to happen to me, Never! I will NEVER think like a poor nor will I die poor. Provided that I don't die prematurely in accidents or murdered by greedy business partner.

New Logo

One month ago.......


One and a half month later.....
Step by Step.... and I will be there....

--------------------------------------------------------

Just now I went out for a business discussion and a round of golf with my ex-colleague (driving range only nia). He was involved in a lot of business venture before joining audit (to kill time, i presume). So he showed me sooo many SOP (Some real franchise... read Mc ....) for all the other businesses that he did and wow, I am IMPRESSED how a REAL franchise is run.

Now am having second thoughts of my plan in Singapore. Too much capital involved and too risky and the return may not justify my time and capital. ROI is too marginal.

Then I came back home and keep on talking about business with Alec.

He was annoyed, initially I thought he was angry cause i went out with a male friend.

BUT, he wasnt.

He was annoyed cause I have been talking business with him for the past 2 weekends. (>.<)

Good Staff

Rule number one of doing business, hire competent and good staff.

Thankfully I only have 1 staff under me who is very competent of course, so not ranting on my own staff but rather on others.

Yesterday, I approach a small and medium size outlet and asked if they wholesale/supply certain products to me on a long-term basis. I am very sure they do cause gut feelings told me so and being a retail outlet, generally they are more than happy to do long term business because there is where the money is.

But this supervisor aunty whom I spoke to, gave me a blank and unapproving look. Seriously if you are the owner of the place, you would have welcomed me with open arms and say YES We do, though sometimes they don't. Anyways, she firmly said they don't, so I demand for the boss's number cause I know she is trying to minimise her responsibilities. More orders, more work for her.

Then this morning, another supplier replied me via email and said, they only supply to events but not to retails on a daily basis. I was erm..., you do delivery, but you only do one off, where your sales will only be worth one day of sales rather than everyday sales. And she doesn't even provide me with solution or alternative.

For a typical business owner, you would have suggested other ways, like supplying for alternate days or come up with some arrange for both parties. Or at least have the courtesy to apologised for not able to help.

So, rule number one, always, always hire staff who can perform despite having to pay them more.

P/S: I realised Msian suppliers are more accommodating and would try their best to close the deal, very different with Singapore based companies.

Sponsor a kid to swim

Not everyone in life is as lucky as you and I. Yes, You! who are reading this online in an air-conditioner room with music blasting at the background.

I count myself lucky cause I grew up in a wonderful environment with a supportive family who has guided and brought me up well.



Secondly, I was privileged enough to get a full scholarship/sponsorship from The Star for my education at Nilai International University College, a sponsorship that has totally changed my life.

For that, I have always look for opportunity to contribute back to the society. However, due to my 'business/entrepreneurial/money-minded' nature, I always fill my empty slots for 'money making time' so, naturally it became hard for me to be physically there for charitable work cause I have work, business and studies to take care of. (Not an excuse I know but, seriously try to be in my shoe for one day and You will know how it is like).

Thanks to EJ for taking an initiative to organise a 'Swim for a Charity', (in which I've added the agenda of 'Sponsor a kid to swim' instead, Yes EJ, I must take ownership of my idea :P).

We are still in the midst of looking for charitable organisation to donate to and perhaps a trip down to the orphanage to let them taste MY DRINKZ bubble tea! Hey not a publicity stunt okay, though I do admit, there is a little to it :P.

Here are the details.

Charitable Organisation: Still looking. (PJ Area, any organisation in mind?)

Pool: Pelangi Utama Block A,B,C Swimming Pool, Bandar Utama, Petaling Jaya,

Map:

Instructor/Host: EJ - 0163533555

Email: yeapej@yahoo.com

Fee/Donation: RM30 for 2 hours of class.
(You can sponsor a kid to swim or learn swimming yourself! )

Campaign period: 1 Aug to 30 Aug 2009.

Target Collection: RM1,500

Who can join?: Beginner, Intermediate and Advance Swimmer (age 4 to 60 years old).

Book your time in facebook!
Facebook:

So, do your part in making this happen!

P/S: You are also welcome to sponsor swim wear/goggle for the kids you are sponsoring. All in the name of charity.

Step by Step

You know, since I started with my little take away counter, I have been receiving mix reactions from families, friends and online contacts. Mostly congratulate me but also a handful that criticise the start up was too small, too insignificant and if they were in my shoe, they would have gone all out, play big.

Well, there is whole lot of reasons why I did not go all out.

1. I am still employed full time, in Singapore (KL - Singapore, see the distance?) AND my job requires SUBSTANTIAL time and attention hence small start up only takes up 30% of my time and attention. AND I am still studying for my professional paper.

2. Why don't i just quit my job then you ask? Cause I have no whatsoever financial backing, the capital was purely from my savings. I come from a middle class family where the only way to tertiary education is by way of scholarship, so if you don't work hard enough then too bad. SO, while my business is running, I still have got to work to fund it. And NO, I WILL NEVER ask my family to extent whatsoever finances cause if to die, I want to die alone.

3. I am very risk averse (to a certain extent), since I have no knowledge of F&B business, I can only learn from the job. Hence baby steps are great starting point.

4. A lot of ppl like to boast about their dream but waiting for the right time with the right capital to start (a big start-up with lotsa $$$). well, then carry on dreaming, everyone can dream so dream on for the big one to come.

5. I always believe in small steps, baby steps. I started my online blog shop due to love for the brand and well, I can proudly say that it raked up to S$6k of sales in a month (of course with very very minimal margin). No much I know but hey, I have done it, have you?

6. I still love my job, I know the word ‘love’ sounded very very wrong but I still have a lot of things to learn in my line of work. Plus, I just got promoted and my pay is pretty decent to let go.

7. Michelle’s still in Uni, Madeline is going into Uni next year, being the eldest, I have to care for their welfare, so I cannot risk my stable income. Plus, I want the best for both of my sisters without having them to worry about finances back home.

8. Touch wood, if it fails, I still have opportunity to rise again, rather than risking my whole life savings and confidence. You guys surely know Melissa’s level of confidence.

Soooo, that concludes the reason why I started micro level, but if anyone of you are keen to try your hand in F&B but lack of capital, I am looking for partners to expand my company. :)

My Drinkz Bubble Tea

I have been so busy lately that I entirely forgotten about my blog, well, as above, you could have guessed what has been keeping me occupied. And of course with my ACCA exam in 7 days time, I am doomed!!!!

Yup, latest venture, F&B. It was a roller coaster ride, from the very beginning, strong resistant from parents and a partner who has entirely different view from me, dont ask me who is my partner but definitely not Alec. Anyways, I dont wish to dwell further on the partnership. Trust me it was full of dramas.

Today was the first day and honestly there were several hiccups, I forgot to add sugar into one of the customer's drink (My mistake) and the drinks were slightly too sweet.

Reason why it was successful today mainly due to contacts and relatives, so pray there will be repeat customers. Managed to hit my target today but there are still more rooms for improvement, among feedbacks were too slow, too sweet and less varieties.

Wish me well people, and of course plenty of luck. I dont usually rely on luck, but later realised after reading a book, luck is the result of opportunity plus hard work. So Good Luck Melissa!

Accusation

A declaration of fault or blame against another

Dear God,

Help us to love the truth, which is your nature.

Help us to remember we're not to "bear false witness against our neighbour".

When we sin, please forgive us, and deter us from sins like this.

When we're victims of this, please show us your presence intimately,

so we can go on until our names are cleared.

In the end, please heal the scars of all victims of life altering accusations that were false.

Amen.

Source