In such current time and with so much uncertainty, it is pretty tough to determine whether it is the right time to start a business. A lot of people choose to test their business ideas as part time projects and keeping their day job until it gets off the ground. Until a time whereby it’s needed for them to take the giant leap of faith to cross over. Here are some tell tale signs that the time is ripe.
1. Your job environment doesn’t match your personal values. If you are a mismatch in an environment that crashes with your values, trust me, it can vastly take a toll on your emotional health. The good news is that creating your own business gives you the chance to build on those values and follow them daily.
2. You wake up Every day and dragging yourself to work. If wake you daily and hate your job and literally drag yourself to work, then why stay in a job you don’t enjoy? Starting a business allows you to choose your work environment, your hours, even your colleagues.
3. You find yourself pretending to be busy because you refuse to take on more. If you are in this stage whereby you are only pretending to be busy and keep on talking to the only one customer, you are really not helping yourself or your company. If you refuse to take on new customers you are in a serious position to lose your job. Many business-owners would love to have this problem! But unless you find a way to handle these prospects, then you’re in serious danger of losing their business. Having more business than you can manage is an excellent sign if you’re thinking of leaving your job to start your own business.
4. You find yourself doing other things in between meetings, conference calls, even on your commute. This shows that you are thinking of other ways to get out of your job to start your own business. Your heart is not with your company already. It is a clear sign to go.
5. You have saved 6 months to 12 months of your salary. You’re smart enough to know that it could be a few months (or much longer) before you start to turn a profit, and you’ve already planned for that. It is considered fast to turn a profit within a year but possible.
6. You’re are doing a lot of research works and asking business experts for help and reading lots of book on Entrepreneurship. While it’s true that being an entrepreneur can be all-consuming, but you are determine to be successful and be your own boss. It’s time to take control of your life and find a better work/life balance.
7. You’ve found a group of network support. Having supportive people in your life, especially people who know what it takes to run a successful business will prove invaluable. Make sure you’ve built these connections before you make the leap.
Making the leap from a corporate job to be a CEO of your own business can be scary and faith stretching Don’t ever give up on your dream, your will be rewarded in due time.
Who am I?
I am Robert Ong Yew Long from Singapore. Singapore is a small country and island in Asia. I graduated in 1992 with a Bachelor degree in Science full of expectation and drive to climb the corporate ladder and to retire with an adequate retirement fund. I joined Compaq in 1995 as a supervisor and work my ass out for 3 years. To my shocked, my department was shut down and everyone was asked to leave including me as manufacturing cost was high in my country. With sadness in my heart I went to another manufacturing company and work day and night for almost 9 hours daily. But I was earning just 3000 dollar a month and it will hardly enough saving to cover for my retirement. I was telling myself, at this rate I will never be able to retire. After much consideration, I decided to switch to a computer software related industry. I went for a 9 months full time post graduate course in system analysis. By the time I graduated, the economy was hit by a recession in 2001 and I could find a decent job not even a IT job. I was jobless for 6 months and I was rather panicky. But my friend asked me to join him in an education business venture in children enrichment. I was full of excitement to be a businessman and to be my own boss. In a blinking of an eye, it was seven years into my educational business and I realized I am still not contended and not earning enough, believe me. I realized that running my own business is tough and it is a brick and motar business. I feel that I am struggling with financial issue and I need to find a new solution and ideas to do business. I am getting married and I need to provide for my family. This is a major fear that I need to struggle with.
I search the internet for a solution and I find carbon copy pro. I found that this system make perfect sense to me. I don’t know about internet marketing and I follow the system and step by step. The system really work and it is rather easy to follow. I am learning fast and building a brand for myself. I know thing is going to be more than OK.
In less than a month I achieved 18 leads and I am working on a small budget. Even though I have yet to seal a deal, I am confident that I will get the sale soon. I do not need to depend on the government or anything and I am excited for my future. I can hope and dream for my future now! I will share more when I get my first sale.
I will be so glad to share with you too. If I can do it, so can you.
Join the winning team
SINGAPORE: Singaporeans are generally a happy lot, especially when compared to people in countries such as China, Vietnam, Korea and Japan
That’s according to a 2006 study on the quality of life that covered seven East Asian economies.
Asked if they were happy, a whopping 70 per cent of Singaporeans said they were.
They ranked number one in the Happiness Index compared to people in other East Asian economies.
People in Vietnam were in second place, at 64 per cent, while the Japanese were third, at 54 per cent.
People in Taiwan were the least happy, with only some 30 per cent saying they were happy.
Happiness was measured according to respondents’ perceptions of various areas such as standard of living, family life and their job.
76 per cent of Singaporeans were satisfied with their standard of living, up more than 20 percentage points compared to 10 years ago.
On family life, about 92 per cent expressed satisfaction compared to just about 80 per cent in 1996.
On the jobs front, about 70 per cent said they were satisfied with their jobs — up about 10 percentage points from 1996.
But as more Singaporeans are enjoying material comfort, they now want to see greater satisfaction in other intangible areas.
For example, Singaporeans rank the lowest when it comes to being satisfied with the right to criticise the government.
They are also at the bottom just before China, when it comes to being satisfied with the right to gather and demonstrate.
While Singaporeans are generally a happy lot, this survey was done in 2006, at a time when the world was very different.
Today, there is the onslaught of the global financial crisis and there have been some significant changes in the political landscape in Singapore.
Dr Siok Kuan Tambyah, senior lecturer at the Department of Marketing, National University of Singapore Business School, said: “In terms of economic climate, we were definitely in a much better position in 2006.
“I think even in very good years, in the bumper crop years, Singaporeans were already concerned about unemployment, their livelihood and so on. These fears would of course be amplified in recent years.”
But Dr Tambyah added the current economic climate is unlikely to result in Singapore’s happiness index plummeting.
She said: “I think we would see a dampening of sentiments in terms of Singaporeans’ optimism about the future and economic prospects.
“I don’t think we will see a plummeting of this index, if you want to call it an index.”
On the political front — rules on lawful public outdoor demonstration have been eased since 2008.
The government has also freed up new media laws to allow for certain political films and wider engagement of citizens on the Internet.
Dr Tambyah said: “I think online petitions only took off fairly recently. So if we were to ask Singaporeans the same question, I think more of them would have signed an online petition. I think we would also see a higher number of people prepared to take part in a lawful demonstration, again because of relaxation of rules.
“So bearing in mind some of these questions were asked at a time when rules were a bit more stringent, I think we would see a more opening up of Singaporeans — they’ll be more ready to take on some of these political actions.”
Dr Tambyah added: “I think over time, policy makers and the government need to understand that younger Singaporeans who are more globally connected, who are more digitally connected, are really more aware of what’s happening in Singapore and the rest of the world.
“I think the government is taking steps in the right direction. People are expecting the government to be more open, again to maybe engage more digital media.
“And Singaporeans in general would be very welcoming of such changes so that they will have more platforms to voice their views and maybe help people to understand that if you really care about the country then we should speak up and there are ways you can do it in a very organised, very positive fashion.”
Despite many attempts to explain Singapore’s foreign talent policy, some 70 per cent of respondents still felt the government should restrict the inflow of foreigners to protect domestic interests.
Besides unemployment, other top concerns of Singaporeans were terrorism and health issues.
The 2006 study, which also covered areas like Digital Life, Global Outlook and Spirituality, was done under the ambit of the AsiaBarometer Survey, an initiative of Chuo University in Japan.
In Singapore, face—to—face interviews were conducted with more than 1,000 people aged between 20 and 69. The data was then passed to the researchers at the NUS Business School in 2007. The team — made up of Dr Tambyah, Dr Tan Soo Jiuan and Dr Kau Ah Keng — took about a year to analyse the data.
“A Lucrative Alternative To The
Tiny Checks And Dead Downlines
Of MLM Gains Popularity…”
Controversial, Yet Filled With Common Sense,
The Following “Coffee House” Letter Reveals Why
Home Business Professionals Are Throwing In The
Towel On Downline Building, And Using A New Concept Called G.P.T. To Make More Money Than Ever…
“Work at Home” entrepreneurs are faced with an alarming uphill battle against cut-throat competition, rising advertising costs, and an average customer/distributor retention rate that’s dropped down to an average of less than 3 months.
Building a full-time income, or even a residual income through the networking marketing business model in the internet age is like trying to fill a leaking bucket – with 90% of distributions spending much more money than they’ll ever make.
Tired of dealing with downline attrition and tiny commission checks, more and more home business owners are turning away from the traditional “MLM” business model, in favor of the increasingly popular G.P.T. structure outlined in the following letter some call controversial, while others call it simply “genius”.
Only you can judge for yourself.
The following “Coffee House Letter” reveals…
How to use the concept of GPT to make up to $480,000 per year with 1 new customer per week.
Why residual income through network marketing may not be the “Holy Grail” so many claim that it to be. Find out how to create a REAL residual income that’s completely unaffected by downline attrition and competition.
What to do if you’re looking to make BIG money, fast without a downline. (This is perfect for anyone looking to leave their job and replace their income quickly).
How to position yourself in order to take advantage of this growing trend among home business professionals.
Join The Winning Team
Singapore is building 2 integrated resorts and opening in 2010. Integrated resorts consist of gambling center and theme parks. It is not only a casino place but where you can go and take a fun ride with your family.
This report is taken from Asiaone report BY CHERYL LIM.
MORE people than expected turned up for a conference session on floor positions in the integrated resorts (IRs), contrary to the perception that Singaporeans are not keen on taking up such jobs.
The session on career expectations and talent management in the gaming sector, which was part of the inaugural Gaming Asia Conference, drew 160 participants.
This exceeded the expected figure of 100 to 120, and more chairs had to be added, organiser Comexpo told my paper.
The two-day conference at the Singapore Expo, which started yesterday, brought together human resource and business leaders in the gaming industry from the United States, Macau and Singapore.
Earlier, upcoming integrated resort Marina Bay Sands lamented that it had managed to fill only 2,000 out of 4,500 dealer positions available. But later on Aug 1, it received more than 3,500 applications for 1,000 dealer positions at its job fair.
When asked about the possible reasons for Singaporeans shunning dealer jobs in the IRs, 61-year-old speaker Alan Soh, president of casino college Agmi International, said that a big reason is their aversion to shift work, which includes working on weekends and the graveyard shift. He said: ‘They also feel the pay is a bit too low.’
The starting pay is $1,800 before tips. Three months’ training is provided.
But some Singaporeans do aspire to gain a foothold in the gaming sector as dealers with Marina Bay Sands or Resorts World at Sentosa.
Shatec graduate Daryl Gan, 21, who has a diploma in culinary skills and has already submitted an application to be a dealer, told my paper: ‘The prospects, good pay and tips attract me. I intend to carve out my career in the IRs.
‘I used to be a cook and so have experience in working the graveyard shift. I was also used to working up to 17 hours (at a stretch).’
Mr Gregory Huang, 29, was in bank sales and, like Mr Gan, is also a student of the pro-dealer programme at Agmi International.
‘This is something new, it’s exciting and I like the energy of the gaming industry. It also allows me to meet different people,’ he said.
Patient is something i thought i have. But once again i was proven wrong. It was less than 2 weeks and i am impatient. Why so few leads? Why no one is buying anything from me? I guess it is my journey to success. Everyone faces the valley at some points in time or during the learning process. Nothing is perfect. It is in the imperfection that make the man. It is the molding that builds him up. I am reminded that there is no instant success. We are not gambling but building a business that can last. Mindset is so important. We must not give up and keep on marching on against the wave of doubts crashing on me time after time.
But i do see result, more and more leads are signing up. It only shows one thing, my effort has pay off. The fruits are coming. Don’t ever give up and you will never see taste the fruit of success. Press on!