Wednesday, June 18, 2008

“IF BARBIE IS SO POPULAR, WHY DO YOU HAVE TO BUY HER FRIENDS?

Hi there, today I’ll be writing about the subject of creating systems. Now I think the most simplest illustration of a good system is from Robert Kiyosaki, author of Rich Dad Poor Dad, who said that if you left the business for one year and returned, a good system would ensure that your business is doing better than before.

So to sum it up, it has not only to maintain and do well, the system should have opportunities and resources for brainstorming, innovation, competitive analysis and other measures in place to ensure that it improves and does better year after year. If I were to break it down to 2 factors on what run good systems, they are:
1. People
2. Technology

People monitor systems and ensure that everything is going according to plan. Marketing create the leads. Sales convert them. Customer Service retain them. On top of this, a good IT infrastructure automates many processes and reduces the no. of people required. Some people look at the companies I run and accuse us of being small. Frankly, I don’t really care what people say as long as I earn more than them. I like being small. Its a testimony to an effective self-automated process. So what must a good Entrepreneur possess after knowing this? Faith in his people and his technology.

“If you created 1000 ways of earning residual income, how would your life be different today, 5 or 10 years from now?”

The entrepreneur is not really interested in doing the work; he is interested in creating the way the company operates. The entrepreneur builds an enterprise; the technician builds a job. If they don’t fail outright, most businesses fail to fully achieve their potential. That’s because the person who owns the business doesn’t truly know how to build a company that works without him or her.. which is the key.” - Michael Gerber

Posted by Rudy Pierre Low at 17:56:30 | Permalink | No Comments »

Monday, June 9, 2008

“HUMPTY DUMPTY WAS PUSHED.”

It’s 330am and I’m still awake. I blame it on my late nights working as an Entrepreneur. Today, I’d like to talk about giving it your all. I was playing “Winning 11″ the other day on my playstation and I set the mode to the hardest and selected a team that I knew wasn’t the strongest. Why?

It was the challenge. The adrenaline rush. The possibility of winning, despite the odds. I guess that pretty much sums up what I’d like to talk about today. The push factor. We all have it. We just have to determine what it’ll take for us to push ourselves to the limit. Oftentimes, we can push much more that we think we can. I’m not talking about what most employees do. Push paper.

“If it’s not hard, then why bother doing it? Would there be any sense of achievement, if there wasn’t any challenge in the first place?

“Ever notice how your senses are heightened when you are in challenging situations? You’re experiencing an adrenaline rush that gives you extra energy. If you see every day as a challenge, you’d be surprised how efficient you can become, and how much can be accomplished.” - Donald Trump

Posted by Rudy Pierre Low at 20:45:56 | Permalink | No Comments »

Thursday, June 5, 2008

“IRS: WE’VE GOT WHAT IT TAKES TO TAKE WHAT YOU HAVE GOT.”

The rich and successful do things differently. They don’t like to have anything under their personal name for fear of lawsuits, evil in-laws, disloyal employees, business partners and the list goes on. Everything is protected under an entity. A trust, offshore company or Limited Liability Company or Company for that matter. Or some papers in a folder. =)

Here’s the beauty of running a business. Not only are you protected from liabilities, you enjoy a lower tax bracket and tax incentives. In some tax haven countries, there are NO TAXES whatsoever. In other countries, you have tax-free incentives for the first $100k earned etc. The key note to remember is that you’re taxed on what you’ve left over and not what you start with. Employees and Self-employeds are taxed with what they earn.

Imagine, the Government saying, Joe.. why don’t you spend everything this month.. your house.. your car.. your vacation etc.. and let me know how much you have left if anything at all… we’ll tax that… and let’s make it easier for you.. let’s do this at the end of the year.. and we’re gonna give you some tax incentives and tax exemption as well.. sound like a good deal? Let’s use our most valuable asset to protect the rest of our assets. Our brains.



“Don’t you think it’s high time you run your own businesses to protect some if not all your assets?”

“Rich people always have a certain degree of debt. Apparently it helps to reduce taxes. I’m not so hot on the bean-counting side.” - Felix Dennis

Posted by Rudy Pierre Low at 06:22:50 | Permalink | No Comments »

Thursday, May 22, 2008

“WORK IS FOR PEOPLE WHO DON’T KNOW HOW TO FISH”

Today.. it was such a beautiful and sunny day, I decided to do some spring cleaning to my car and brought it to the car wash to have it cleaned and vacuumed.. the moment I drove out of the car wash, it began to start pouring.. oh wells, I thought.. I’ll just quickly drive it to my underground carpark. Red light. Car stops. Rudy’s fingers drumming on steering wheel, listening to his favourite Jay Chou song. Suddenly, from out of nowhere, something horrible appears from behind. Tyres screeching. Metal cranking. Loud explosive sound. Two words. Woman driver.

Sometimes.. we don’t understand how difficult it is to do something so simple. Red light. Slow down.. step on brakes.  Instead, we step on the accelertor and do the illogical. Then it hit me.

It makes perfect sense to me to run your own business. It’s simple. Yet, in the face of circumstances, it takes courage. Why are there so few Entrepreneurs? The answer is simple.

Do you have what it takes to be in control of any situation.. to be in control of your life?

“My son is now an “entrepreneur.” That’s what you’re called when you don’t have a job.” - Ted Turner

Posted by Rudy Pierre Low at 10:11:38 | Permalink | No Comments »

Tuesday, May 20, 2008

“ALWAYS GO TO OTHER PEOPLE’S FUNERALS, OR THEY WON’T GO TO YOURS.”

Hi there once again.. welcome back.. when I was 24.. I suffered from 3 heart attacks.. and I thought my life was about to end from the last attack.. amazing for a young person such as myself.. what was I thinking when I was about to die? Many things.. like what was it that people will miss the most? What will I be remembered for? Have I done enough? Could I have done more? I treated myself and my mother to a good dinner after a near death experience because you can’t argue that life is short. We should savour every bit of it.

After each near death experience, I would come back stronger and with more resilence. Do or Do not. There is no try.

Do you like what will be on your gravestone if you were to pass away today?

“I’ve reached the pinnacle of my career. I just feel that I don’t have anything else to prove.” - Michael Jordan

Posted by Rudy Pierre Low at 19:24:19 | Permalink | No Comments »

Sunday, May 18, 2008

“IF AT FIRST YOU DON’T SUCCEED, DESTROY ALL EVIDENCE THAT YOU TRIED.”

I was at a bbq gathering one night when someone asked me what I did. I explained several of the businesses I ran and her eyes lit up. Not that she was interested in my money or anything. She was from the local university and she went on to tell me how she had this friend who was always talking about starting business. I said that’s great… why don’t you refer him to me and I’ll see how I can help. You see, one of the businesses I run help people set up businesses. She agreed but mentioned that there was only one problem. “What’s that?” I asked. “He’s been talking about it for the past 5 years.” she replied.

Heard of a similar story before? So often do I hear of tall stories that lead to nowhere. I once read on a bookmark that an idea will remain an idea until you do something about it. Honestly, how on earth do you expect to succeed if no one can trust what you say because you can’t deliver what you promise? If you’re spreading tall stories, then for goodness sakes, stop! Say what you mean and do what you preach! Otherwise, stop disgusting the people around you. We don’t have the time to waste our breath on you. Especially me.

Is your life a tall story or is there some substance to it?

“There are 2 kinds of people you meet in life. One who walk the talk and one who’s just full of talk. Those who don’t say much, are too busy walking.” - Hustle & Flow (Movie)

Posted by Rudy Pierre Low at 16:25:04 | Permalink | No Comments »

Thursday, May 15, 2008

“OKAY, WHO STOPPED THE PAYMENTS ON MY REALITY CHECK?”

You’re back again. Wonderful. Here’s another pictorial illustration specially for you:

Haha… yes.. I know you don’t really like to read this blog. So leave. I’m not forcing anyone. =)

We all need a reality check sometimes. Are we truly happy with everything that’s revolving around us? Is there room for improvement? If there is, do we have the guts to reach out and go for it? Questions questions questions. So many questions. Yet questions determine our choices which result in our actions in life. All these lead to our destiny.

Have you asked yourself a deep powerful burning question today?

“Successful people ask better questions, and as a result, they get better answers.” - Anthony Robbins

Posted by Rudy Pierre Low at 17:38:15 | Permalink | No Comments »

Tuesday, May 13, 2008

“ALWAYS REMEMBER THAT YOU ARE UNIQUE; JUST LIKE EVERYONE ELSE.”

Don’t Read This Post. GO AWAY. I’m in no mood to negotiate. What do you think this is? A funny blog to entertain your otherwise boring life. THIS BLOG IS NOT MEANT FOR YOU. Yes, you heard me right. Now be off. Off you go! I haven’t got too much time on my hands. Unlike YOU, I’m making something out of my life. Yes I am. And I’ve very proud of it. Not to brag. But hey, at least.. something’s happening. Cool

Still here? Here’s a visual illustration of what I’m talking about.

Hmm.. you’re a stubborn little fella, aren’t you? I think we may have a problem. You don’t seem convinced that this blog is not meant for you. What’s that you say? Who’s it meant for then? Wells.. I don’t even know why I bother to explain but maybe you’ll leave after this. This blog is meant for achievers. Eagles. People who soar in the face of adversity. People who create legends. People who make a difference.

No. It’s not you. Don’t even bother to ask. How do I know?! Wells.. Simple. Prove it. Who are you? Better still, who knows you? What have you done? Anything.. say.. on a global level? Maybe you have. So what?! How have you helped humanity? You’ll do something? Ambitious little fella now, aren’t ya? Yeah.. but I’ve heard it all before. Beautifully laid out plans. But that’s all they are now, aren’t they?

You’re just like everyone else. There’re not much difference between you.. and someone on the street. Go away. Don’t go away just because I told you to go away. Go away because you know, deep down in your heart, you can’t be bothered. Yes. You can’t. You’re happy with your small little distractions in life. There is no BIG PICTURE in your life. You don’t even know where you’re headed. So go away, knowing that you are a loser. Yes. Loser. You heard me right. LOSER. Bah! Don’t ever come back.

What are you doing right this very minute to become the person you should be?

You only get out of it what you put into it. If you are a sheep in this world, you’re not going to get much out of it.” - Greg Norman


Posted by Rudy Pierre Low at 08:22:29 | Permalink | No Comments »