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Monday, 1 June 2009

Still Surviving !

Over the last 3 years, I have the opportunity to dabble in a number of business ideas. I have earnestly tried going into the caregiver's business, the property business, the financial industry and some other business ideas. I have been waiting for the stock market upswing as well. (But I lost focus and I missed the boat now.)

Experience tells me that the chances of success in business is not much better than shrew timing when buying stocks and shares.

With holding power, it is unlikely that you will lose money in stocks and shares. In other words, you will not lose money if you are a long-term investor.

In business, the chances of profitability is probably 20% - i.e. for every 5 businesses that I spend time on, only 1 will succeed.

I am now expanding my small business in delivering training products. I started off by providing Silk Screening Worshops for Primary Schools. By God's grace, I am now a certified MOE AMIS trainer and a Peoples' Association (PA) trainer.

I have started extending the range of products to teaching Financial Literacy and Entrepreneurship. Now I am considering adding Decoupageing as a new product. I am trying to extend my customer segment from schools to RC Centres (Residents' Committee Centres) too.

So what is the relevance of God in all these endeavours? As a 'free-lance businessman' I am totally dependent on God's grace for customers and opportunities to close deals. I guess hawkers and businessmen generally have a 'religious pre-disposition' for the same reason - sometimes, oftentimes, whether you can successfully close a sales contract, is not something that you can control.

This is just some private information I can share with friends and readers. Please let me know if you can introduce any school teachers or RC members to me so that I can introduce my products to them.

Thank you.

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