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> Many /k wanna start biz but let me tell you 1st...

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yugimudo
post Jan 12 2017, 02:04 PM

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QUOTE(advocado @ Jan 12 2017, 01:26 PM)
remember back in those days you have to shed blood, but it's a free for all market with lots of untapped business waiting to be explored. it's like Gold Rush or Black Gold Rush.

nowadays, human has yet evolved to a newer level, as such, markets getting smaller as big players continue to grow & outpower smaller players.

for example, do you know any land in Malaysia that doesn't belong to anyone? all lands belong to someone, those that don't, belongs to the state's ruler.

unless for example human can start to listen to wider range of sound frequencies, the potential of music is very limited as you only have so much tune to work on.

Malaysia market is already all dried up. For your grandfather era, maybe many people have a chance at making it big, but now, you not have to face your piers, but also the established big players whom's too big to push.
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You said this but let me open all possibilities back for you:

1. Music

I think "watch me Nay Nay" and Drake song is stupid and joke as a song. Im not even able to label them as music at all. But im just a dinosaur, younger generation love those music. You can always find a way if you are true enough to your music genre.

2. Big player vs Small player

My God (Allah) this is the most archaic ways of doing business. Im not sure u realize but a lot of Big Player have been wipe out. Nokia is one of them. Like u see Aeon make Daiso, but u tell me does Daiso wipe out RM2 kind of business? Their model is the same, selling at fixed price. Why they are not fighting head to head? Because Daiso add another USP, their item is from Japan. So, u RM2 need to worry about Daiso? Of corz not, u buy item from frikin China, which mean ur item cost less. The only way this happen if u open a cafe and want to challenge big guys like starbucks. That is on its own is stupidity. In fact, small player has mobility advantages. U can change ur direction and policy easily to follow market trend. Big guys have hard time to do that. Example Nokia, they did not adapt fast enough to android. Even Apple is looking like a fuktard now because they din want to change.

3. Land is owned by people.

This a stupid things to say. I recently looking for land to do a small farm and my God (Allah) a lot of land is put to sale. U dun even have to buy it, u can lease the land but the one thing is farked up about thus country is that people dun want to do high tech farming. People rather stay in cubicle than do a farm with fertigation system. So the problem is not the land is owned by people, but people themselve dont want to work the land.

4. Big players are to stay.

Again, like I mention about Nokia. You be surprised that big player have their own demon. And if you see really carefully, a lot of company is not run by their founder anymore. This will limit creativity and innovation which in fact gives opportunity for small players to shine. If you dun believe me, look at your company. When is the last time your company do an innovative things that make u go wtf? Chance are they never do. They just do same things over and over again while cutting cost.

P/S: Remember, play ur strength. Small players has its perk, Big player also got their perks. If u small, don go head on, work around them.
nuvi
post Jan 12 2017, 02:04 PM

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Write so much. But actually the main difference is only 1 word between an employee and employer: Responsibility
yugimudo
post Jan 12 2017, 02:06 PM

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QUOTE(Germanwine @ Jan 12 2017, 01:57 PM)
A real business man dont think like that la ts, real business  man think how to improve  their products, improve  quality,if u have confident towards  ur product  u dont think bout how  u gonna pay u employee, bonus or other things. Cuz u earn more than  u expected. If u dont really  have  confident biut ur product,u will be goyang like what ts describe.
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Actually from my reading and chatting with them, real businessman just improve themselves. Marketing, product development, and sales are done by the team they formed.

That is why I want to become one. It is like u r doing your best to increase ur talent as a whole.
hi54ever
post Jan 12 2017, 02:10 PM

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venturing into business is...

giving up a 40hrs/week job for 80hrs/week job
lmunyee
post Jan 12 2017, 02:11 PM

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that's why told you to join Amway don't want to listen.
ChAOoz
post Jan 12 2017, 02:13 PM

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QUOTE(advocado @ Jan 12 2017, 01:26 PM)
remember back in those days you have to shed blood, but it's a free for all market with lots of untapped business waiting to be explored. it's like Gold Rush or Black Gold Rush.

nowadays, human has yet evolved to a newer level, as such, markets getting smaller as big players continue to grow & outpower smaller players.

for example, do you know any land in Malaysia that doesn't belong to anyone? all lands belong to someone, those that don't, belongs to the state's ruler.

unless for example human can start to listen to wider range of sound frequencies, the potential of music is very limited as you only have so much tune to work on.

Malaysia market is already all dried up. For your grandfather era, maybe many people have a chance at making it big, but now, you not have to face your piers, but also the established big players whom's too big to push.
*
Be positive my friend, opportunity is always there.

You listed all the possible risk / downside of business. But there is also the fruit of it if you put in the necessary work and with the correct attitude and outlook.
PortgasDerekAce
post Jan 12 2017, 02:16 PM

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u saying that people dont know these?
lyc1982
post Jan 12 2017, 02:22 PM

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start flipping burgers also a business
Elgore
post Jan 12 2017, 02:35 PM

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QUOTE(lyc1982 @ Jan 12 2017, 02:22 PM)
start flipping burgers also a business
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exactly but ts perspective of what running a business is like trying to run a million dollar corp. bangwall.gif

Sarsaparila
post Jan 12 2017, 02:49 PM

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TS, you can start small doing business. If you are really want to give a try and lower your risk, you can do partnership<<----- but Im not encourage everyone to do this. Once you failed, the modal to fork out by half or based on agreement between your partners.

Once you failed, you got a new whole level of experience. Use that experience to make you a better person and start a new business plan. Nobody said business fail = end of life. Somehow I felt failure will make myself want to venture even more. Learning curve is higher than you merely working in the company. You will know how to social, EQ, IQ, critical thinking, responsibility, and also your future.

Dont worry TS, life is meant to be enjoy. Business is a freedom of what you want. Working is a rat race unless you felt you can go for corporate ladder. As /k quote. Jilat, Jangan X Jilat.

Choose what your life wannabe, not others decide what your life are.
SUSadvocado
post Jan 12 2017, 02:49 PM

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QUOTE(Germanwine @ Jan 12 2017, 02:17 PM)
Yahhhhh, let me give ts 1 valued  quote:
Smart/intelligence man solve every  problem, but wise man avoid problem. Dont waste ur time on solving problems, everyday we face troubles, use ur time to improve  urself...
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when problem come knocking on your office door, your employees can run away, you as boss, can avoid? can also, just run away.
SUSadvocado
post Jan 12 2017, 02:51 PM

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QUOTE(RO Player @ Jan 12 2017, 02:28 PM)
most have this inferior mentality like TS....

dont need to have RM10k saving..to open ur small company....remember hard work, good networking, dont give up..is the key to success..

most think having jobs, yes can help...in short term, yes..learn the trade, experience, and venture ur own...long term..go to a biz u feel comfortable..
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yes previously i already shared how you can open a Nasi Lemak & burger store for as low as rm3k startup and still earn a good living compared to a normal 9-5 job.

but Nasi Lemak stall ain't the type of business /k is looking to venture into based on the feedbacks. the business most of them are looking into cost way more than rm10k.

and most of them probably don't have rm10k savings.
SUSadvocado
post Jan 12 2017, 02:52 PM

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QUOTE(Elgore @ Jan 12 2017, 02:35 PM)
exactly but ts perspective of what running a business is like trying to run a million dollar corp.  bangwall.gif
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million dollar corp? million dollar at most allow you to run a Hipster Cafe for 6 months only.
Yveatel
post Jan 12 2017, 02:52 PM

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so long... can you please simplify it??
SUSadvocado
post Jan 12 2017, 02:53 PM

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QUOTE(Sarsaparila @ Jan 12 2017, 02:49 PM)
TS, you can start small doing business. If you are really want to give a try and lower your risk, you can do partnership<<----- but Im not encourage everyone to do this. Once you failed, the modal to fork out by half or based on agreement between your partners.

Once you failed, you got a new whole level of experience. Use that experience to make you a better person and start a new business plan. Nobody said business fail = end of life. Somehow I felt failure will make myself want to venture even more. Learning curve is higher than you merely working in the company. You will know how to social, EQ, IQ, critical thinking, responsibility, and also your future.

Dont worry TS, life is meant to be enjoy. Business is a freedom of what you want. Working is a rat race unless you felt you can go for corporate ladder. As /k quote. Jilat, Jangan X Jilat.

Choose what your life wannabe, not others decide what your life are.
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i'm not here to seek advice.

but my advice to you is:"Whatever didn't kill you, will one day."

sekian.
SUSadvocado
post Jan 12 2017, 02:54 PM

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QUOTE(Elgore @ Jan 12 2017, 02:35 PM)
exactly but ts perspective of what running a business is like trying to run a million dollar corp.  bangwall.gif
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i had a writeup on small business last time, but it's quite old i ain't digging it up. you can use the search function yourself and read & think about it.

Taxi might be outdated but the concept is more or less same as Uber & Grab.

SUSadvocado
post Jan 12 2017, 02:55 PM

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QUOTE(Yveatel @ Jan 12 2017, 02:52 PM)
so long... can you please simplify it??
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if you can't even read a small paragraph, then i suggest you don't even think about business. so in that case nothing to worry about just scroll other threads.
SUSadvocado
post Jan 12 2017, 02:56 PM

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QUOTE(Germanwine @ Jan 12 2017, 02:53 PM)
If u know  some  decision  u do can cause problems, then avoid. If some random  problem  appear u have to solve.
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U think ur Messi can tackle tru 10 defenders to score a goal?
SUSFlizzardo
post Jan 12 2017, 02:58 PM

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avocado words may be harsh but most of them are on point, venturing into business can be rewarding hence many dream of being one but not many willing to walk the path to be one.. some have tried and gave up , some still trying hoping to find their big break , very few made it and those who have made it may have failed countless times..

whatever it is you have to be not only financially prepared but also mentally prepared

all the best in your endevours. whatever is the outcome never stop learning

This post has been edited by Flizzardo: Jan 12 2017, 03:07 PM
psyduck89
post Jan 12 2017, 03:35 PM

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avokado..
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