Wednesday, October 31, 2007

Late Genting's Founder Faced Rejection



The road to success is never a one straight line. The road depicts a long journey. Lets take our education system for example. You would need at least 13 years of study before this society gladly accept you as a university graduate.


The late Tan Sri Lim Goh Tong is a solid example of a hard core entrepreneur - from rag to riches. He will, without question remain a legacy for the Malaysians. After accumulating a mass of wealth at the late age of 50, he had a vision to build a hill resort near Kuala Lumpur. He poured his entire fortune of RM4 million into the project. He even invited his friends to invest RM1 million into this venture for a 10 per cent stake. I'm sure at that time, he was surprised that his friends rejected his generous offer and even gave him the wet blanket. They warned Tan Sri Lim that the project would fail. I believe those were his closest friends, but yet he was not spared from their unkind remarks. Without saying, time proved them wrong. The Genting Highlands resort was a great success.

Today, the Genting Group is Malaysia’s leading multinational corporation and one of Asia’s best-managed companies. The Group has over 40,000 employees globally, 11,000 acres of prime resort land and more than 200,000 hectares of plantation land. The Genting Group (www.genting.com) is the collective name for Genting Berhad and its subsidiaries and associates that comprises five listed entities with a combined market capitalisation of over US$22 billion (*as at 22 August 2007).

One of Genting's subsidiary, Genting International has 46 casino properties in the UK under the brands of the Stanley Leisure group. In Singapore, it is developing Resorts World at Sentosa, an integrated leisure and entertainment resort on Sentosa Island.

Lessons to be learned:

Success belongs to those who have great visions and determination. Tan Sri Lim pursued his dream and never gave up.

Believe in your dreams and don't let others pull you down. At certain points in our life, we will face people who don't share our dreams. Never ever let their negative words stop you from achieving your goals.

All genuine problems will have solutions. Knowing that the resort would be located high up in the mountain, it would be a hinder to visitors. So he built a road up the mountain in 1968.


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Monday, October 29, 2007

Noodle Prices Going Up!

Noodle can be considered as one of the local's favourite food. But soon, it might not be enjoying such status among the locals here. An upcoming price hike of 20%-30% will soon channel the cost to the end consumers. Few months back, the price to enjoy a cup of Milo was up by SGD0.10. Now it's noodles. A family of 4-5 will have to cough up more to enjoy their favourite pastas, wanton noodles and etc. Will the price ever come down in the near future? The standard of living keep increasing, that goes without saying for the cost to maintain such standard. Is it still true to say that, "What goes up, must come down?" Only time will tell... but after some time, the consumers have already adjusted with this price hike and soon forget about it.

Sunday, October 28, 2007

Butt The Idea, Not The Person

Let me ask you some questions:

A friend introduces you to apply for a vacancy in his company and you did. After the job interview, you concluded that the company isn't that great. The management is lousy. The salary is lower than your expectation and there are other bad points. Would you ignore your friend because of this?

Here's another scenario. A good friend of yours just watched an exciting movie. He shares with you about the movie and encourages you to go catch it. Being a nice fellow, you go catch the movie and the conclusion is.... The movie sucks! Ok, would you blame your friend for the poor recommendation and threaten to end the friendship? Would you ignore him in the future?

If you answer YES to the above questions, it shows that you are totally immature, irresponsible and misjudging.

Your friend has no ill intention towards you. You know he wouldn't harm you. All he ever did was to share with you an opportunity which he believed was good.

My recent encounter with a friend ended in such plight. It's a big dissapointment that he reacted in such manner. If he really treat me as a friend, he wouldn't have behaved so.

At any point in time, the people whom you know will share with you opportunities, ideas, thoughts, advice and etc. If you dislike what you see or hear, then you should voice your opinion rather than choose to ignore the person - what you reject is the idea and not the person. You have to be clear about this.

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Friday, October 26, 2007

Law of Success - 60 Seconds Is All You Need To Decide

I would like to dedicate this true story to individuals who are facing uncertainty in their life… I was once in the same situation. So it pains me to see people whom I know, who are dear to me, facing the same fate.

A 25-year-old reporter, born into poverty...but climbing his way up the ladder, is planning to pay his way through Georgetown University Law School.


Commissioned by Robert L. Taylor, former Governor of Tennessee, to write "success stories" about famous men for his magazine...he is given his first assignment to interview one of the richest men in the world...the steel magnate Andrew Carnegie.

What followed was to change the world...forever.

All the young Napoleon Hill knew...was that he had an interview to do.

The interview was due to last for three hours...but stretched long after Carnegie's servants had retired for the night. In fact...Hill spent a total of three days and nights as a guest of one of the world's richest men.

Three whole days and nights listening to the wisdom of one the greatest business minds ever to have walked this Earth!

What would YOU give to be in a position like that?

So...why did it take so long?

Well...Andrew Carnegie was no ordinary man. You don't go from poverty to being a billionaire without being different.

Carnegie had an idea...an idea the result of which you will benefit from some ninety-five years later.

He wanted Hill to organize the world's first philosophy of personal achievement, based upon the principles that he and his fellow giants of the age had used to accumulate their vast fortunes.

So...put yourself in Napoleon Hill's shoes...

One of the richest men in the world asks you this question:

"If I were to give you the opportunity to organize this philosophy, with my help, but without payment...a task that would probably take at least twenty years or so...would you do it?"

Well...what would have been YOUR answer?

What you don't know is that Carnegie is sitting with a stop-watch in his hand...and has given you a time limit.

You don't know it...but he has only given you 60 seconds to make up your mind - and you've already taken 15 seconds to get to this point.

What do you do? You have a family to support after all. Commitments. Debts to worry about.

Well...Napoleon Hill didn't know about the time limit, either...but it only took him until NOW (that's 29 seconds)...before he gave his answer:

YES...I WILL!

Carnegie had learned that those men (and women) who are slow to make up their minds - are also slow in carrying out their decisions. Hence, that also hinders their success in life.


Times doesn't change...that's for sure.

Are you one of them?

Stop the clock! Your 60 seconds are up!

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Wednesday, October 24, 2007

How Full Is Your Cup?

Throughout my years in business, I met many fine people from all walks of life. And many were at the crossroad junctions of their life, didn't know which direction in life to move on.

I was trying to counsel a friend the other day who was less than receptive to taking advice. He said he wanted help, but in fact he wanted someone to fix his problems. He said he wanted opportunity, but in fact he shun opportunity. He said he wanted advice, but instead he wanted to be right.

Isn’t it interesting when people have all the answers and no money? When they have a long list of excuses but no plan?

Here was someone who was broke and had no career prospect. His life wasn’t working. You’d think he would be willing to learn, but sadly, this was not the case. It was as though that Bill Gates (the world's richest man) stretched out his helping hands to the poor fellow but in return, was being asked straight in the face, "Who are you? What can you offer me?"

I’m reminded of the story of the young mystic who traveled a great distance to study at the feet of a revered sage. When the young man arrived, he proceeded to try and impress the master with how much he knew and how wise he was.

Instead of asking questions, the student ranted on about his beliefs and philosophies. The master listened quietly for a long while.

Finally, the student stopped talking for a few moments. The master asked his guest if he would like some tea. “Why, yes,” the young man replied.

The old man began to pour the tea into his visitor’s cup. But he didn’t stop when the cup was full. He continued to pour as the tea overflowed into the saucer and then onto the tabletop where it began to run out on the floor.

“Stop!” the young man said. “The cup is full. Can’t you see? It can hold no more.”

“It’s true,” the wise one said. “We cannot put more into an already full cup. And you are like that cup. Until you empty yourself of yourself, your fullness will prevent you from learning.”
To some extent, we’re all a bit like the young man. We sometimes have to let go of what we think we know in order to embrace new ideas.


We’re always free to pick up our old beliefs and “knowings” at a later time, but we need to be open in order to look at things in a new way. We need to approach knowledge with the wonder and openness of a child. This way, we keep from missing important lessons and learning helpful life strategies.

It’s not easy, but we CAN learn to suspend our beliefs in order to listen with a clear and open mind. If we do, we won’t be one of those people referred to when people use the cliché, “You can’t teach an old dog new tricks.”

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Monday, October 22, 2007

Are You Bigger Than Your Problem?

This is a question that majority of people tend to miss out. If your answer is YES, then the obvious is that you have the capabilty to subdue your problem. You know how to solve your problem. But the same problem could be a big problem to another person. I read an article on the local newspaper which talked about a man who struggled to pay his bills. It was a real example. Every month, without fail he would land himself into the same situation. His only question he had in his mind was, "Why do I have so many bills to pay?"

One day, a friend came to him and showed his concern. So the friend asked him, "Why are you feeling so down?" He explained by pulling out his drawer which was filled with unpaid bills. Without hesitating, his friend closed the drawer and then said, "You go out there and earn the money you need to pay these bills!"

Few years later, he no longer lead the same dreadful life. He has since own a successful business and more money than he could ever imagine.

See, in our life we can't avoid problems. We have problems in our career, financial, relationship, health and etc. Are we going to be overwhelmed by these problems?

I used to work in the operations & maintenance section of the engineering department of a local company. Sometimes working hour can stretched into the late evening. I ever skipped normal dinner time. Was that a problem? You bet! But I didn't want my life to continue in such manner. So, I had to find solution. So I built a part-time business using my spare time. I spent time growing my business to be successful. When it reached this stage, I tendered my resignation. Each of us has the same amount of time - 24 hours a day. It's up to you to decide how you are going to utilise your time.

Now here it is... To put it simply. If you are at level 2 and your problem is at level 4, you need to grow yourself to be at level 5 or higher. Then your problem will appear smaller than you. I hope you get this picture. Equip with the right attitude and skills to help you grow bigger than your problems. Don't procrastinate, blame others and justify. If you want it to happen badly, then by all means make it happen.

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Thursday, October 18, 2007

Ranks of Asia's millionaires grows on strong economies, soaring markets

Hello Millionaire Wannabes, please read this!

The Associated Press - 10/18/2007

Robust economic growth helped 200,000 people join the ranks of the Asia-Pacific's millionaires last year, with Singapore's rich club growing at the fastest rate, a study showed Thursday.

The number of people worth 1 million U.S. dollars or more in the Asia-Pacific region grew by 8.6 percent in 2006 to 2.6 million, making up 27 percent of the world's millionaires, according to the annual Asia-Pacific Wealth Report by investment bank Merrill Lynch & Co. Inc. and consultancy Capgemini.

The combined wealth of the region's millionaires swelled 10.5 percent to US$8.4 trillion, up by from 2005, with Japan accounting for 43 percent and China about a fifth.

The report also said the region's class of super-rich individuals whose assets exceed US$30 million grew by 12.2 percent to 17,500, exceeding the global rate of 11.3 percent.

"It is really a story of growth, growth and growth, all across," said Rahul Malhotra, Merrill Lynch's head of global wealth management for Asia-Pacific, at a press conference outlining the report.
Wealth creation was driven by the region's rapidly developing economies, among the fastest-growing in the world led by China and India.

Handsome returns from regional stock markets also boosted wealth, as benchmark stock indices in China, Indonesia, India and Hong Kong outperformed most mature capital markets with returns over 30 percent, the report said.

Savings rates, as a percentage of GDP, were higher in Asia-Pacific than most developed markets, with rates greater than 40 percent in China, Singapore and Hong Kong.

In Singapore, the number of millionaires rose by 21.1 percent to 67,000, giving the Southeast Asian city-state the fastest growing population of high-net worth individuals defined as people with financial assets of at least US$1 million, excluding their primary residences.

The report said researchers found that the Indonesian population residing in Singapore comprised a significant share of the local millionaire population and wealth.

It noted that the city-state began a program that allows foreigners to obtain residency through investment and estimated that approximately 19,000 Indonesian millionaires reside in Singapore, holding about US$93 billion in financial wealth.

India and Indonesia followed Singapore as the next two fastest-growing millionaire populations, with 20.5 percent and 16 percent increases in the numbers of millionaires respectively, the report showed.

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Wednesday, October 17, 2007

Upcoming Newsletters

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Thursday, October 4, 2007

Focus On Achieving Financial Freedom

For those of us who have the grit, the home-based business industry, is the key to achieving financial freedom. I work a turnkey business opportunity. It is a high income, online product business and anywhere I have a cell phone and a laptop, I am able to produce income. Why did I phrase it, “for those of us who have the grit”? Because when you make the decision to pursue a turnkey business opportunity as a means of achieving financial freedom, people come out of the woodwork to tell you there is no such thing as a “high income home business.” It seems that every one has an opinion, and all of those opinions are low. Good for them! They are not the five per centers! Only the top five percent will follow the formula for achieving financial freedom!

The home-based business industry produces more millionaires than any other. People with strong desire and a serious work ethic are achieving financial freedom everyday with legitimate, turnkey business opportunities. High income, home businesses are available and they work for the people who work them earnestly.

The question is not if a particular turnkey business opportunity will make you wealthy. The question is, does you desire the achieve financial freedom fuel you sufficiently to buffet the people who are telling you that you are throwing good money after bad in believing that home business can provide and high income?

It is important to remember that people who care about us don’t always want our entrepreneurial success. They don’t understand our vision and do not share or drive! Achieving financial freedom is nothing more than fantasy to them. Understand that their experience supports their stance that nobody “gets rich quick.” That belief is so large, it eclipses the reality that many get rich with steady persistent, earnest, focused work.

• If you are examining a business opportunity that boasts a turnkey system and a high income potential, by all means, examine it carefully.

• If you are speaking with a person who has been with that business for a number of years, ask yourself why.

• If a distributor for high ticket, high income online / home business, speaks to you in terms that make sense to you, listen.

• If you feel that you have the skills and the desire to make a fortune with a company where people are making fortunes, accept that you are in the five per cent who are coachable, persistent, and unerring in their focus on achieving financial freedom.

We are what we focus upon. Focus upon achieving financial freedom, upon living a life by your own standards, and working hard for your own future, not someone else’s.

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