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    Category Archives for Entrepreneurship

    The Truth About Having A Stable Income Without A Job

    We Were Featured In The Newspapers…

    And what it has got to do with you!

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    Recently, our company got featured in The Business Times.

    We were awarded the ‘Business Eminence Awards’ by Dun & Bradstreet Singapore.

    Dun & Bradstreet Singapore recognizes companies’ efforts and contribution…

    To the changing business landscape in Singapore for the past years…

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    And I’m glad to have achieved this great milestone in our company.

    We started our company exactly 10 years ago.

    And our primary focus has always been to transform people’s lives…

    To give them a second chance at life…

    Equipping them with the knowledge and skill set…

    To start, run and manage a profitable Internet business.

    In the event if people ever lose their job…

    They can still be self-reliant.

    And still have a stable income without a job.

    The problem with today’s society is…

    Young adults are being conditioned since childhood…

    To ‘buy’ an ‘expensive’ job instead of investing in themselves.

    Consider this…

    Why are people willing to take up student loans of up to $30,000 to pay for a university degree…

    In hopes of getting just a $3000 monthly salary…

    And then take years to pay off the loan and interests.

    But when you ask the average Singaporean to invest $3000…

    In a course that teaches them how to start an online business…

    And can make them more than $10,000 a month…

    Spending only 3 hours a day to manage the business…

    Do you know what most people would do?

    Yes, they ‘run away’.

    But do you know why?

    It’s because most people are just not being ‘programmed’ that way.

    People can’t accept something different from what they are made to believe.

    It’s like trying to run a Mac software in a Windows computer…

    It will never work.

    And do you know what’s the irony?

    We have only one shot at life.

    Every day as time passes…

    We get closer and closer to death.

    Yet we continue to ‘pretend’ that it’s perfectly okay…

    To work hard and make someone else richer.

    It’s even more outrageous…

    To think that we are willing to spend lots of money to buy a certificate…

    So we can earn the right to make someone else richer.

    But do you know what?

    The ‘Rich’ aren’t necessarily smarter.

    But they are definitely more aware than the broke.

    The ‘Rich’ are simply those who choose to wake up from this ‘nightmare’…

    And do something for themselves for a change.

    I hope this email serves as a ‘wake up’ call for you.

    Because you have only one shot at life.

    Make it count for you.

    Do something for yourself for a change.

    Don’t rely on a boss who might one day turn around…

    And tell you that he can’t afford to hire you anymore.

    Don’t wait until it’s too late…

    When your self worth is determined by a lower paying job with longer working hours…

    Or even worse…

    No income at all.

    My friend, if you have decided to ‘wake up’ from this nightmare…

    I want to encourage you that…

    Starting a side income is actually a lot easier than you think.

    It’s all about taking small baby steps.

    As long as you’re willing to start investing some ‘time’ in yourself…

    To learn how to start a part time online business…

    We can show you the right path.

    Click here to start your investment in yourself!

    And we’ll guide you for the rest of the journey.

    Jaz Lai

    What Is The Easiest Way To Start Making Money Online?

    Want to find out more details on how to build, grow and scale an e-commerce business to success at online marketplaces like Qoo10 and Lazada?

    Register for our free 3 hour training by clicking here:

    Start An Qoo10 Business In 72 Hours

    The Best Time to Start Your E-Commerce Business?

    Have you heard of ‘Moore’s Law’?

    It is the observation by Gordon E. Moore that the number of transistors in a dense integrated circuit doubles approximately every two years.

    What this means is that advancements in digital electronics have been on a yearly exponential growth for the past half a century.

    What has that got to do with E-Commerce or Singapore then?

    While Moore’s Law has been in action since 1965, its effect has only been felt in more recent times, especially since the beginning of the 21st century. For example, while the first digital cameras were produced in 1975, it wasn’t until the 2000s that they made the traditional photo developing business completely obsolete.

    Many other traditional industries are also going through unprecedented changes and disruptions the past 2 decades due to the maturity of digital capabilities. It is not hard to notice that most of these disruptions are sparked by a ‘software revolution’.

    When it happens, it happens FAST. Market leaders thought to be infallible can lose majority market share, or entire industries can be made obsolete in a blink of an eye. Kodak went from selling 85% of all photo paper worldwide to bankruptcy in a few short years. Some have dubbed this the ‘4th Industrial Revolution’ or the ‘Exponential Age’.

    Singapore’s E-Commerce Market Size

    Now, let’s turn our attention back to Singapore and E-Commerce.

    While it is now common knowledge that the retail sector is going through one of its biggest and most severe decline in Singapore, the E-Commerce market here is moving on a completely opposite trajectory.

    Singaporeans are S.E. Asia’s top online shoppers, with the nation boasting a USD $4.1 Billion E-Commerce Market in 2016; and it is projected to grow at a rate of 11.69% per year to USD $6.4 Billion in 2020, and exceed USD $7 Billion in 2025.

    We are literally looking at a MONSTER market in its infancy!

     

    Singapore’s Internet Statistics

    Statistics show that Singapore has the highest internet penetration rate in S.E. Asia at 80% and we constantly record the highest broadband speed in the world.

    42% of internet users use it to compare product choices and 26% of users make immediate purchases. 49% of all shoppers in Singapore shops online at least once a month. 37% of those shoppers make their purchases online while 55% complete their transactions offline.

    While those numbers may look impressive now, they are set to grow at an exponential rate over the next decade. We are on the cusp of a MAJOR disruption in the retail industry, it would be wise to get into the market while the playing field is still relatively level.

     

    Getting Started

    It helps that the barrier of entry is pretty low. You do not need a large capital, special skills or special tools to claim your own little corner in the industry. You just need basic computer skills and access to an internet connection, and you’re pretty much set to go.

    There are many resources online that teaches you the basics, but nothing beats having access to a mentor that has been there, done that, and can guide you to success in the shortest time possible.

    If you are looking for a low-cost, low-risk way to tap into this MASSIVE growing market of the 21st century, all you have to do is click on the REGISTER button below to get access to a FREE seminar where I will share with you some of the tips and tricks of the e-commerce industry.

     

     

     

     

    How To Use Your Day Job As Fuel To Drive Your New Venture 

    Many prominent ‘Entrepreneur Gurus’ have advocated that to be successful on your entrepreneurial journey, you MUST quit your day job and go 120% into your new venture.

    While most of us agree that dedication and focus are critical to success, we do not think that quitting your day job right off the bat is the best idea.

    In fact, the idea that successful businesses were founded by people with no other commitments and obligations is fundamentally flawed.

    Very few highly successful companies you see today were founded by full time entrepreneurs from the start.

    Mark Zuckerberg founded Facebook while still a student, Steve Jobs and Bill Gates founded Apple and Microsoft respectively in their garages.

    These successful entrepreneurs are not super humans, they are just super efficient.

    Here are some tips on how you can use your day job as a fuel to drive your startup business, especially for those of you who are thinking of exiting your current job soon:

    1. Your job is your stable platform
      Everyone knows that the beginning stages of building a business are some of the hardest and riskiest times in the life cycle of a company. 80% of ALL new businesses fail within 18 months!

    Your day job is NOT what is holding you back from your exciting new venture. The paycheck that you get from your job provides you with a stable platform from which you can focus on building your business. It is FAR EASIER to focus on the building when you don’t have to worry about how you’re going to put food on the table and pay your bills.

    1. Schedule your time more efficiently
      Everyone has the same 168 hours in a week.

    40 hours is what you ‘sold’ to your employer. Take away another 56 hours for sleeping (some of you may sleep less each day), you still have 72 hours of free time to spend on all your other activities.

    Granted, you still need to eat, spend time with your family and fulfill your social obligations; but no one is making you go for weekly binge drinking sessions or be glued to Netflix for hours on end. You can squeeze out time for building your business by simply waking up earlier and going out less. Instead of complaining about the lack of time, why don’t you re-frame your mind to ask ‘How can I manage my time resource more efficiently?’

    1. Focus on building daily habits
      Most businesses are not built through ‘hackathons’ or locking yourself up in a room for months and emerging with a brilliant idea and execution plan. They are built through good old fashion persistence and daily action.

    Focus your energy on actions that bring actual tangible results to your business’s growth. Build a routine of those growth related actions and cut out all non-essential tasks from your daily schedule. You are already complaining about your lack of time, so make every minute count!

    1. Outsource
      No one knows everything, and no one can do everything.

    Focus your efforts on what you are strong at and can only be done by yourself.

    Outsource everything else.

    Outsourcing to third parties might mean incurring costs in your business, but it is also a way to improve efficiency. Think of it as an investment for bigger and faster growth in your startup.

    1. Use your day job as a motivation
      Many employees hate their jobs. If you are one of them, you can use that as a motivation. Leaving your employment when your venture CONSISTENTLY generates enough income to replace your paycheck can be your goal.

    Think about this ultimate goal whenever you are facing doubt and fears, think of the ‘freedom’ you crave whenever you procrastinate. Use your dream of throwing the letter in your employer’s face to push you through the obstacles in the way.

    Ultimately, everyone will approach entrepreneurship in different ways; one thing in common between ALL of them is that it involves risk. But, that doesn’t mean you throw all caution to the wind and jump in with your eyes closed. That is the surest way to crash and burn before you even take your second step.

    Entrepreneurship is about taking calculated risks and stacking the odds in your own favour as much as possible. A mentor will help TREMENDOUSLY during your early days. Having a mentor will shorten your learning curve significantly and help steer you away from most common mistakes others make.

    If you are thinking about starting an eCommerce business with very low risk, I would love to share my experiences with you and help you along, just like how I have helped thousands of Singaporeans own their successful Qoo10 / Lazada businesses.

    I am glad to share with you how you can also do it with minimal capital outlay, and at the same time, reveal some proven strategies that have helped many of my students generate comfortable incomes from their own homes, within a few short months of working hard at their new found ventures.

    Sounds interesting to you too?

    I just need you to take the first step of faith, and register for my free e-commerce training at my office at Bugis.

    I look forward to help you set up your new e-commerce business.

    Click the Register button below to book your free seat.

    Andrew Tan

    What This Singaporean Learned At Alibaba Business School

    I graduated from Alibaba Business School in Hangzhou, China in recent times.

    And today I want to share one of the case studies which I learned during my stay there.

    So, it’s Day 2 at Alibaba Business School and I went on a company visit to a Taobao agent company, together with my fellow school mates, which includes my business partner and mentor, Jaz.

    We went to a company that specialises in helping merchants to do their listings on Taobao, AliExpress and other e-commerce online platforms, which means they help traditional retailers to sell their products online.

    There was this company called DELSEY that sold luggage, but they could not compete with Samsonite and the other established players in the market.

    They are not the cheapest or the most ‘branded’ in China.

    And they are struggling to establish a foothold in China.

    So, they decided to move their focus to selling online instead of opening more retail outlets.

    They tried many creative ways and promotions to push their brand online, but they only reported minimal results.

    The agent company took a look at their efforts and made ONE small change.

    They inserted in a small line of text in the luggage company’s sales listing.

    The ONE simple change skyrocketed the sales figures from almost nothing to thousands a day!!

    Have a look at this listing and tell me what sentence did they add?


    (If you can read Mandarin, I’m pretty sure you know the answer)

    If you are an online merchant, and you are struggling to get sales, it is time for you to sit down and carefully think about what you NEED to add into your listings to double or even TRIPLE your sales online.

    This is a short article for today and I really hope you can also benefit from this very simple and effective tip.

    For your knowledge, I share information like this freely at my FREE Qoo10 & Lazada training sessions which I conduct.

    You will get to discover the KEY POINTS you need to include your listings to ensure healthy sales figures.

    And you will know HOW you can increase sales by optimizing just a few key points.

    I can’t wait to share more of my newfound knowledge with you.

    Click the Register button now to book your free seat to learn more.

    Andrew Tan