Business
The difficulty of becoming a successful entrepreneur or trader
The Singapore Business Review (SBR) issue 50 (Nov 12) covered an article about deal sites. With the rise of Groupon, many copycats had sprung around the world and Singapore too, had joined in the race. Beeconomic.com was the success story. Karl Chong started the the site which was eventually bought over by Groupon. Karl remained [...]
9 Qualities Necessary for the Future of Business
Heard of web 2.0? How about business 2.0? Both terms are coined in recent years and promise to shape the future of social culture and businesses. They do not have official definitions and web 2.0 is a better known term than its cousin. To me, I would term business 2.0 as the future of business, [...]
It is profitable to be an insurance agent
Here are the reasons why I believe selling insurance is a profitable business
Perpetual Income
Insurance agents are paid commissions for every policy they sell. As long as the first client stays with them and pay insurance premiums, they will receive the commission. Imagine you have been an insurance agent for 10 years and on the average [...]
3 Lessons for Budding Entrepreneurs
Three simple but powerful lessons from Dennis Wee (with my elaboration):
Get a job first
I like the way Dennis Wee (Founder of Dennis Wee Group) puts the perspective of having a job – getting paid to learn. A self made multi-millionaire entrepreneur, he mentioned that it is very difficult to start a business right from the [...]
The Cult of the Amateur by Andrew Keen
Book Review:
With so many web 2.0 supporters, it is important for someone to raise an opposite perspective of the downsides of this latest technological driver, so as to remind us that things are not as perfect as they seem, and really ask whether we are ready to accept these downsides. The author received many criticisms [...]
The Art and Science of Entrepreneurship by Inderjit Singh
Book Review:
This is the second book I read about entrepreneurship (and here is the first) and I felt the author really covered many aspects of starting a business. Being successful in creating several companies, he reinforces his theory with many real-life, concrete examples. His theory is well organised and presented in a very structured manner [...]
One Business 99 Lessons by Nanz Chong-Komo
Book review:
I can still recall the once popular and hyped ONE.99shop retail stores, and how rapidly one store sprang up after another. Just when everything seems to go smoothly, SARS (Severe Acute Respiratory Syndrome) outbreak arrived and eventually caused the downfall of ONE.99shop. The author, Nanz Chong-Komo, is the founder of ONE.99shop and wrote [...]
