Thursday, January 24, 2019

Thoughts on a Thursday Night Jan 25th 2019



Do you Think ? 

I would like to raise a point to the Millenial Generation. With the speed of information made available through fibre optics and big data, we have in our hands or in our laptops, information which just 20 years ago, most institutions of higher learning or even some countries did not have access to.

Information is power, true or false. I think this is the 6 billion dollar question. If with the information at our fingertips, everyone theoretically has information to make decisions regarding their health, their financial status, their options to finding a companion or life partner, buying anything and everything and yes, even manipulating other people's lives.

There is fake news, all kinds of news sites which in the past we suspected there was 'spinning of the facts'  and facts which are given to placate, push an agenda and motivate.

How does a person who has suddenly been teleported from the 16th century make of all this information overload ?

Will he go "Woah ! " and spend time catching up on all the history (be careful, history is written by the victors of the wars and even history can be framed according to which side it was written and to which audience !)

Or will he just dumb down and just be placated that 'everything is out there' so there is no need to search because "The Truth is Out There".

If everyone takes the docile approach and just "Go with the flow", like water, then we know where water flows ?? It goes downhill FAST.

Think about our very existence in our part of the world. What are we contributing (or not) to this sick Earth which is by the minute getting more and more polluted, populated and hotter   due to climate change, the extinction of many wild animals forever as the rapid deforestation of the tropical rainforests in the name of development and need for more timber, housing and collectivised farming for our ever expllding population.

We are becoming mindless, just going through the motions. The main collective dumbing down of the masses of people has begun in earnest. The majority of us will soon be the minions doing menial tasks for a basic wage.  

Scary thought !    

A Paradigm Shift - what exactly is it ?


My dream holiday,Nice along the Cote Azur, Dec 2 2018 


The Blue Coast or Cote Azur in all its Glory Dec 2, 2018 


Antibes, a fishing village in all its glory, Dec 3 2018



The boats docked in the small marina, Dec 2 2018 

Last December, for 13 days,  we took the holiday of a lifetime and travelled to firstly Nice, then Florence and finally Turin. We are very fortunate to be able to manage this trip in winter which was uncharacteristically splendid in winter with temperatures of the low to mid teens.

Nice was our first stop and we stayed 4 nights enjoying the nice cool weather, the holiday feel, the fine French cuisine and spent several lovely trips to see the quaint and picturesque St Paul et Vence (artists love to stay there, reflect and do their thing), the beautiful Antibes fishing village about 45 minutes from Nice. 

In addition, we also took trips to Cannes of the famous film festival and the neighbouring principality of Monaco with the world famous Monte Carlo district of F1 and James Bond fame. 

When I was a young man, all of 24, I had the good fortune of being able to travel thanks to my wonderful parents who funded me on an all expenses paid trip to Europe for 35 days back in the June of 1987. I some some very valuable memories then of us all in our salad youth and springy walks and we were then told that Nice was the Fame Capital of the World, with Cannes being the place where film stars go every May for the Cannes Film Festival and get their photos taken on the Red Carpet.

During that 1987 trip, we only passed by Nice, as we were poor students and our Singapore dollar was a pittance compared then to the French Franc, (I believe the EURO currency came into existence in 1999) so we did not even stay a night and my impression then of Nice, and Monte Carlo was one of supposed 'fame', glamour and rich people all well dressed sipping champagne in their yachts with pretty girls in bikinis in their yachts and lounging by the poolside.

Fast forward 30 years later, as a middle aged man, fast going into young old age, my mental and world view has broadened very much more. I have seen my country move from the developing 3rd world into a sparkling first world country with world class marina, top end boutiques, millionaires aplenty driving their sports cars and the 2 ubiquitous casinos fronting the glitzy skyline.

The paradigm (long held perception) that Monaco was a glitzy place and Singapore the backwater has taken a major shift. 

Singapore is now the Monaco of the world. We have numerous world firsts, the F1 race for the last 11 years now and I look at Cannes and Monaco with a rather jaded look. The once glitzy places seem rather well worn now. The large glitzy casino looks rather smallish compared to our mega casinos (although we are eclipsed many times by Macau).

Our marina has huge yachts and the country is having one of the world's top 10 Universities (National University of Singapore). 

From the outside, we the country of Singapore has it good. The shoe is now on the other foot.

The Paradigm in my mind has indeed shifted.  


Monday, January 21, 2019

Wolves 4 Leicester 3 - What A Match !




The key takeaway from this game, as in all things in life. Want it bad enough, you will get it.

Do things in a smart, hardworking and driven way. Luck will find its way to you sooner or later.



Friday, January 18, 2019

Life is about always learning and growing


My 3rd Dan Certificate with my sensei Hanshi Chia Kwek Fah 
Dec 2018 ; aged 50 + something. 


As I age, I am very conscious about what I know and more often than not, I am most aware of what I don't know. There are the 3 phases of consciousness, so elegantly put by the Secretary of Defence (during George Bush Jr's time in office), Donald Rumsfeld.

There are : 1. Known knowns. What we know through learning, reading, speaking with 
                       experts and teachers/  Hence  the information is 'out there'. Knowing the 
                       information is one thing, understanding its implications or how to use it 
                       is something else. 

                   2. Known Unknowns.  An example is we know we are in this space  
                       called the Universe. How expansive, is it growing or shrinking, is still
                       debated  by the scientists. There are other worlds out there with life, 
                       intelligent or not we are still curiously finding out.
       
                   3. Unknown unknowns. This is the complete ignorance of information. 
                       We don't know or don't bother to know what we don't know. This is 
                       the mentality of the 'follower'.

Learn new things in life, make each day a learning experience from the people you come across, old, young , rich, poor and you will be wiser, and more humble about the great wonderful world we have. 

Being satisfied with one's life is far better than the transient joys, sorrows, happiness, sadness, anger, disappointments that come with life. 

Carpe Diem !!!   

Sunday, January 13, 2019

Business Success - Key Factors






The road less travelled, Antibes along the Cote Azur (Blue Coast) 


I am by no means the entrepreneur who has 'made it'. I am still making a living by every day by 'scrapping  in the schoolyard'. By that I mean that I am very much going to work day in day out and doing what I do best, creating opportunities for my company by means of quotations, customer visits, meeting with overseas principals and manufacturers and a whole host of other coordination works from invoicing, delivery orders, making deliveries for parts and coordinating project works. Its facing daily challenges and trying to find solutions ever so often. 

It is what I do best and I have been in this small niche of the giant global technology industry which is still 'bricks and mortar' providing quality assurance solutions to products to enhance their reliability. By that we provide test equipment such as chambers, ovens and vibration simulation equipment to diverse industries such as automotive, aerospace, defence, sports,electronics and their subset semiconductors and now the internet of things.

The title of this post is Business Success  - Key Factors. After almost 16 years of ups and downs and ups again, I think it is a combination of 5 key factors with the percentage weighting factors added in  as shown below :

a) Luck  20%
b) Resilience 20%
c) Diligence 20%
d) Domain Knowledge 20%
e) Intellect (incorporating Vision) 20%

Although I give equal importance to each of the 5, in practice it is rarely so, and the factors will be coming in and out in varying degrees due to varying circumstances. To manage it, the boss literally needs to be 'on the ground' determining the course of the battle (I call it battle) - every single day.  

Hence, if a new entrepreneur tries his hand at, say, a restaurant, if he has luck and intellect (vision) but after surviving the first tough year without going bankrupt but is not resilient when his back of kitchen staff (eg chef) leaves and he can't find a replacement, then he is likely to close up the business.

Its a very tough world, and with the geek economy turning everybody irrelevant if we don't invest in learning new skills, trying new strategies, and moving to new markets we may all end up facing a very uncertain future.

So with world economy facing an uncertain 2019, I have decided to buckle up, push harder for more customers and lower costs to the barest minimum.   

    

   

Saturday, January 5, 2019

Thursday, January 3, 2019

2019 Resolutions

This is the time for positive reflection of my stage in life and the situation of where I am right now.

Firstly I am thankful for the safe and clean environment of my home country, the stability of its Government and its relations with its neighbours and the standing in the World Order. 

Singapore indeed has come a long way these last 53 years and as I watch the turmoil and upheaval of the turbulent 2018 in the stock market, the global trade wars playing out between USA and its traditional allies, I am concerned that as a very small company playing in the waters of far bigger ones, we have to be very mindful of many risks known and unknown going into 2019.





My personal reflections are all about my behavior so I will humbly list these in order of importance :

1. Punctuality - this has always been my weak point, trying to please too many people or squeezing to many appointments so much so that I mess up the atmoshere of the meeting when I am late. So I resolve to brush up my time management and always ensure I give more than enough time to meet ; if it is too rushed, then, I will postpone the business or cancel the social meeting outright.

2. Decisive - again, I tend to flounder back and forth, so I need to be very hard on myself and the people I decide what to do.

3. U Turn quickly - If I have made a wrong decision, I need to U Turn and backtrack, this throws mud in my face but sometimes there is no choice in this matter if it relates to financial decisions. 

4. Saying ' No ' - I need to be more decisive in this. No Excuses. Just Do It.

5. Cutting back on Social Media - I resolve not to see Facebook or any other social network and only restricting it to maximum a couple of hours in the evening. Not even in the day over lunch. Definately not during driving or commuting. 

6. I need to be hard nosed. 



Thats it ! Happy New 2019 !  





How to Prioritise Effectively 101

  This is a 120 % super effective way to prioritise your time each and every day as well as weekly, monthly and so on. Spend a good 15 minut...