Tuesday 29 May 2012

It started with a simple idea...

It's been many times we read stories about successful business people who started with simple ideas or even ideas that they discover by accident or learn from failure.

Somehow, it makes us wonder if they are just pure lucky or are there other factors that contribute to their success?

I guess apart from luck, it is their determination, integrity, and focus that set them apart from their less fortunate counterpart.

In a small town where I used to live, whenever there is a new business opportunity, there will be many new players enter the same field, but only a few would actually survive. I guess the lack of imagination & creativity and simply emulate what others are doing may not be really a good idea after all.

To be persistent in our business, it is better to come up with something that we really have passion in it.
Either it is a hobby or a skill, or something that you enjoy doing even without being paid.

It doesn't make sense to make so much money if you don't really enjoy what you are doing.
Well, we work to live and not live to work, right? Why wasting your whole life doing something you don't like?

Do you have to force yourself every morning to wake up to work? Or does thinking about work sending the butterfly in your stomach?

Then, maybe you should consider your options because it is not healthy and health is our number 1 asset.
Maybe we should stop working, find a place to relax and start writing our options and make self assessment.

In the book "Why Aren't You Your Own Boss", it says 'the changes in the economy make it possible for people to carry out unique niches doing rewarding kinds of work that no one would ever hired them to do in the past.'

So whatever your choice is, it doesn't really have to sell to many people. As long as it has sufficient market to make profit, then it is good enough.
Well, with limited capital, it is not possible for us to fight the big players.
However, as small players we do have many advantages too. We are flexible and usually, the small players are the ones who survive the toughest economy.





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