just bring a table and your products and sell it anywhere and everywhere, like those illegal fruit sellers selling their fruits at mrt stations.
fairyfairy talked about setting up f&b which needs a space right? And u are going about ur online stuff on another frequency.
No.
Nvm, I give up.
Your best approach will be to just think longer, and wait and hope for some luck to shine.
first of all, not everyone who is entrepreneurial thinks in terms of online. Secondly, you need to respect the rights of others to think how they wanna think, instead of passing sacarstic remarks on how myopic they are.
We don;t need another pot calling a kettle black.
Ever came across short course for setting up F &B business.
fairy, if you are interested , go Shatec or surf the net.
Originally posted by Rock^Star:first of all, not everyone who is entrepreneurial thinks in terms of online. Secondly, you need to respect the rights of others to think how they wanna think, instead of passing sacarstic remarks on how myopic they are.
We don;t need another pot calling a kettle black.
First, did I say must think in terms of online?
Just because I raised an example of something online, you think I'm saying that???
Next, where did I say anything about myopic here? My main drive was on the perception of money and the perception of risks.
We don't need someone who don't know how to read properly to start shooting aimlessly without basis.
hahaha sit urself. lets get back to fairyfairy's f&b shop space.
For a start, you might want to stop abusing the term "entrepreneur" when you mean to refer to "businessman". I take offence when people compare what I do to what a restaurant owner, retail store owner, blog owner, web design firm owner or events management company owner does. Just for starters, you might want to appreciate the following differences (since you've demonstrated that resourcefulness is not your strength):
1) Entrepreneurs have vision. They tackle known/unknown problems with unknown solutions. They build a compelling product or service to address pain points that most people are blind to, even if it's their own needs.
Translation for you: Entrepreneurs are substantially original in one way or another.
2) Entrepreneurs only build scalable businesses. The crap that most wannabe-businessmen dabble in is not what one would call scalable.
Translation for you: Entrepreneurs are not looking for a money-making machine to fund their hedonistic lifestyles.
3) Entrepreneurs appreciate the necessity of intellectual property, preferably of the "technological sophistication" variety, for their businesses to grow. If you don't have a technical skill, you're not an entrepreneur.
Translation for you: Entrepreneurs are highly intelligent.
Don't simply use the word "entrepreneur" again; you sound stupid, ignorant and severely unworldly and under-educated. I'm not wasting anymore time -- time to build more sweat equity.
Originally posted by RETARDED_MORON:For a start, you might want to stop abusing the term "entrepreneur" when you mean to refer to "businessman". I take offence when people compare what I do to what a restaurant owner, retail store owner, blog owner, web design firm owner or events management company owner does. Just for starters, you might want to appreciate the following differences (since you've demonstrated that resourcefulness is not your strength):
1) Entrepreneurs have vision. They tackle known/unknown problems with unknown solutions. They build a compelling product or service to address pain points that most people are blind to, even if it's their own needs.
Translation for you: Entrepreneurs are substantially original in one way or another.
2) Entrepreneurs only build scalable businesses. The crap that most wannabe-businessmen dabble in is not what one would call scalable.
Translation for you: Entrepreneurs are not looking for a money-making machine to fund their hedonistic lifestyles.
3) Entrepreneurs appreciate the necessity of intellectual property, preferably of the "technological sophistication" variety, for their businesses to grow. If you don't have a technical skill, you're not an entrepreneur.
Translation for you: Entrepreneurs are highly intelligent.
Don't simply use the word "entrepreneur" again; you sound stupid, ignorant and severely unworldly and under-educated. I'm not wasting anymore time -- time to build more sweat equity.
Hey!!!
Long time no see... How's life? I still remember your study article and your aim to become a millionaire :) How's it going?
Originally posted by eagle:Hey!!!
Long time no see... How's life? I still remember your study article and your aim to become a millionaire :) How's it going?
Thanks for asking.
Current age: 21
I am highly confident of graduating with at least US$100,000 in cash (I have two more years or so, and I'm halfway through that figure), plus another uncertain figure of illiquid equity in my company (seven figures valuation if I hit certain business milestones in time). We'll see how it goes. Taking a break from SGForums seems to have a positive effect on my cash flow and net worth.
Originally posted by RETARDED_MORON:Thanks for asking.
Current age: 21
I am highly confident of graduating with at least US$100,000 in cash (I have two more years or so, and I'm halfway through that figure), plus another uncertain figure of illiquid equity in my company (seven figures valuation if I hit certain business milestones in time). We'll see how it goes. Taking a break from SGForums seems to have a positive effect on my cash flow and net worth.
Same here... I break for a long while... Cash flow is pretty good now...
I only started building at age 25... But better late than never... At least I reached a milestone last year in my networth at my 26th bday... :)
Will be starting something end of year... I'm at a stable stage, where I plan to accelerate income building efforts by end of this year to throughout next year...
You don't need to do NS? Graduating at age 23...
Originally posted by eagle:Same here... I break for a long while... Cash flow is pretty good now...
I only started building at age 25... But better late than never... At least I reached a milestone last year in my networth at my 26th bday... :)
Will be starting something end of year... I'm at a stable stage, where I plan to accelerate income building efforts by end of this year to throughout next year...
You don't need to do NS? Graduating at age 23...
Glad we're all on the route to a better financial state. I mean it. By the way, 25 years old is a really young age to start too. Where I work, there are tons of 25- or 26-year-old entrepreneurs who pay themselves something like S$500 to $1,000 a month just to build their businesses. I suppose though, people have different appetites for risk.
I don't have to do NS; I'm neither a PR nor a citizen, so I graduated from JC in 2007 and enrolled in university in 2008.
Originally posted by eagle:No.
Nvm, I give up.
Your best approach will be to just think longer, and wait and hope for some luck to shine.
if you fail to plan, you plan to fail.
Originally posted by Rooney9:if you fail to plan, you plan to fail.
There's no perfect plan. You have to plan as you move along, just like in a chess game.
Originally posted by RETARDED_MORON:Glad we're all on the route to a better financial state. I mean it. By the way, 25 years old is a really young age to start too. Where I work, there are tons of 25- or 26-year-old entrepreneurs who pay themselves something like S$500 to $1,000 a month just to build their businesses. I suppose though, people have different appetites for risk.
I don't have to do NS; I'm neither a PR nor a citizen, so I graduated from JC in 2007 and enrolled in university in 2008.
I share with you my financial blog :)
My plans are to achieve a passive dividend cashflow of $1k a month, and leverage upon it to jump to something else...
Originally posted by eagle:There's no perfect plan. You have to plan as you move along, just like in a chess game.
you are not wrong and I am not wrong either.
I know. I was merely repeating what I said a page earlier in a different way:
"The key is, just do it. Learn and think as you do. Think too long and you won't go and do it in the end."
Originally posted by eagle:I share with you my financial blog :)
Glad to read it anytime. PM me, thanks.
Originally posted by RETARDED_MORON:Glad to read it anytime. PM me, thanks.
Already sent ;)
Originally posted by Rooney9:how about starting employment agency, or tuition agency.
can't earn much compare to f&b business. my friend who is doing f&b business in shopping malls is earning an average gross profit of $ 800 per day / per stall. she opens chain stalls and employs people to manage the stalls. all she needs to do is to supervise.
i attended a course, what the instructor said was very true. if you want to enter a business and work from morning till night, you might as well work for others with regular hours. thus, to enter business is hoping that we do not need to work long hours, have more freedom.
Originally posted by Rock^Star:the rental of a small shop space in suntec can go as much as $40,000 a month. Can't go into it unless one is quite sure of the business plan and potential. How many freaking merchandise one has to sell literally for FREE before even breaking even?
the rental in singapore is crazy and ridiculous. the tenants are working for the landlord. if i strike lottery, i will not go into business, i will invest in properties and be a landlord, blood sucker. the pastor at chc is really very smart, buy over suntec and be a landlord.
Originally posted by Fairyfairy86:the rental in singapore is crazy and ridiculous. the tenants are working for the landlord. if i strike lottery, i will not go into business, i will invest in properties and be a landlord, blood sucker. the pastor at chc is really very smart, buy over suntec and be a landlord.
That's because of REITs. You pay them rental so that a portion will go to unitholders like me who scooped some up when their prices are lower.
Originally posted by Fairyfairy86:can't earn much compare to f&b business. my friend who is doing f&b business in shopping malls is earning an average gross profit of $ 800 per day / per stall. she opens chain stalls and employs people to manage the stalls. all she needs to do is to supervise.
i attended a course, what the instructor said was very true. if you want to enter a business and work from morning till night, you might as well work for others with regular hours. thus, to enter business is hoping that we do not need to work long hours, have more freedom.
2nd paragraph is very true, yet also very wrong.
The ultimate aim is there, but the path to reach it will require you to work from morning to night. Many think only about the end, and not the pathway, and that's one of the reasons why many businesses startups fail. Imagine working 20 hours day for only like... $5 a day intially?
An interesting topic which many would like to know.
I dont know whether can all business man be called entrepreneur. I think an entrepreneur is born and not made.
One must have certain traits, mentality and character to become a successful businessman.
To start a business is not easy and to sustain the business is even more difficult.
The first requirement is that one has to have the burning desire to do business and not afraid to fail.
Originally posted by eagle:That's because of REITs. You pay them rental so that a portion will go to unitholders like me who scooped some up when their prices are lower.
wow! you must be very rich! in the olden days, there were people who started with nothing, working smart and hard to become millionaire. nowadays, how to start with nothing ?