Yes I will share with you as long as you have the desire, attitude and commitment.
I am a Singaporean and will only meet with serious ones only.

Waiyin

Thank for sharing your inspiring experience.
I wish to start business but am a bit lost due to lack of experience.
Is it OK if I can contact / meet you to know more about your experience?
Thanks

Thanks for your sharing. I like your quote ” Doing won’t die, over thinking kill”

I think not only in business, we should also practise this in our life. We always have things to do in our life but because of fear, we give up the opportunities. 90% of the fear in our life is not true and as long as we can overcome the fear and push ourselves out of the comfort zone, we will definitely be successful.

Great for your sharing ! there are these beliefs I am sure you have already :
1)Believe in the company(products, people etc)
2)Believe in your partners
3)Believe in your mentor
and most important,
4)Believe in yourself

Consistency and persistence are important in all business. You can do it !

Waiyin

Regards
Dominic

Your sharing is sure to help those who prepare to start business. It also help those who went through what you have gone through but still living in bitterness …
Thank you so much
Waiyin

Thanks for your encouragement. I am new in writing and I hope readers do understand and benefit from what I wrote…
I am not a professional and whatever advises I suggest, I hope you can also exercise your wisdom and don’t follow blindly because I am learning also. Finally, whatever decision you made, it is your choice, deal ?
It is normal to be scared, this is good sign so that you check your calculated risk and be prudent with the funds.You mentioned the business venture require almost 80% of your capital, may I ask how long can this capital last if there is no business at all ? Can you get a partner or good attitude ,trustworthy staffs to mend the shop and you keep the job ?
Are you prepared to work 365 days a week, 15 hrs a day and not getting paid ?
Finally, if you cannot accept failure, I afraid you are not in the right mindset to step out yet. Bitterness of failure will pull you down through your life, do you want to take that gamble? Or give yourself a little more time to adjust your mindset first.
In reality, 80% of the business don’t make money for the first year(in Singapore), And what’s that statistic in Malaysia ?
Of course, there are more actions to be required by you now is to get yourself prepare and ready if the worst strikes.For eg, you can draw out alternatives if the business plan does not work out, you can also study the possibility
of having some partners or must it be this high costing business.Probably you have better ideas if you think hard enough about your options. I hope to see you start your business one day, hopefully not too long from now.( and hopefully I can be your 1st customer too) I also hope to see you gaining faith and confident before you embark on the entrepreneur’s journey.By the way, I don’t call someone an entrepreneur if he or she does not know how to goes through challenges in business, It is really more stormy days than sunny days for the start…
Anyway, the above is just my opinion, again please exercise your wisdom.
Good luck !

Cheers, Azhar

I personally think doing the business you familiar with will some how helps eliminate most fear and increase success rate due to know how and familiarity. Uncertainty and fear comes most when you unfamiliar of the business you venture which may led to higher risk.
You are right, no pain no gain..lets move with the cheese!

Thank you for sharing your powerful story. It is indeed what I went through when I started my 1st biz in ’90s. There are so much discourage but like you, I went ahead with my plan. After I begin the biz, what I did is to continue review for improvement, is tough isn’t it, but so what, life is never easy anyway…

I am a Singaporean, doing biz here is so much tougher i believe because of high staffs cost, high rent and etc etc but when we set our mind and focus into doing, even when it turned out failure, is ok, as long as we tried our best.

You have a positive attitude that I also need to learn from you. I will like to know you too. Could you send me your contact no to my email waiyinchee@yahoo.com.

Kindly mark in your subject KC Lau for my easy checking as I have been recieving many mails nowadys and I tend to delete it thinking is junk mails.

Thanks and you have a nice day too.

Waiyin

-Richard-

I am so happy that you step out, do keep me inform of your good news. Please do not give up easier , the fruits take time to ripe too, right.
Cheers
Waiyin

oh dear, did I miss you ? anyway my email is waiyinchee@yahoo.com.

Have a great day
Waiyin

The world out there is filled of negative, and the law that say 90% of the people will remain where they are and only 5 to 10% can succeed in life is always true, I fully agree change takes time, especially for those attitudes and characters has been in a person probably since childhood days, and my mentor told me, even a stone soaked in color dye for a long time, the color may change too, not forgetting a human being. So is hard to change one person overnight, it takes time and a good ,positive environment to change

Do not get impatient with people who refuse to change for the better, instead learn how to motivate and encourage them , although I myself when going through it feel disappointed with some of those always give themselves excuses(well, is not me that they are giving), is ok, I will only help people who want to help themselves and there are so many people out there. However, in the mist of it, I gain patient and experiences dealing with them, so sometimes it is really depend on how we look at things.

I suggest you may be can arrange for some courses for them, do team building and review with them regular, Build dreams with them, show them they are working in a company that they can achieve great things, always show them a carrot, people are motivate to do things, they don’t like to be told to do things…Let them be open to you and build your trust with them

And for you, set a good example to them is critical, show them you are concern about their future and not whether they deliver the job for you or not. Let them know they are doing for themselves and not you . Show compassion and love..I know you can do it, cheers

Waiyin