06/11/2017
Think and Grow Rich by Napoleon Hill
[Desire, Faith, Imagination and Persistence are my favorites] Read it and comment below your favorites.
1. Desire
Create a S.M.A.R.T goal.
Choose a date when you will achieve it.
Write a plan of action and follow it.
WANT it.
2. Faith
Trust in yourself that you will get there.
3. Auto-suggestion
Continually affirm determination to reach the goal through meditation.
4. Knowledge
Learn and develop your core skills and strength.
Complement your weakness with the strength of others.
5. Imagination
Visualize your goal daily.
6. Planning
Leverage your mastermind and continuously review and improve your plan.
7. Decision
Stick to your decision and follow through.
8. Persistence
Never give up!
9. Mastermind
Team up with 2+ people who share your desires and meet regularly.
10. Purpose
Have a strong WHY that’s bigger than you, i.e. your spouse/family.
11. Subconscious
Fill your heart with positive visions and it will find ways to get you there.
12. Brain
Ask your mind to find solutions to specific challenges.
13. Sixth sense
Develop and utilize your gut feeling.
23/11/2016
Emotional Intelligence {Understanding EQ with Daniel Goldman}
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Daniel Goldman ရဲ႔ မွတ္ခ်က္ေတြမ်ားထဲမွ ကြ်န္ေတာ္လုပ္ေဆာင္၊မွတ္ယူေသာအခ်က္မ်ားကို မွ ် ေ၀ခ်င္ပါတယ္။
ဘာေၾကာင္႔ Emotional Intelligence က အေရးၾကီးသလဲ။ ကြာျခားခ်က္ကိုသိခ်င္ရင္ေတာ႔ စက္ရုပ္နဲ႔လူသားကိုအရင္ေျပာခ်င္ပါတယ္။ စက္ရုပ္က သူ႔ရဲ႔ memory ထဲမွာ အကုန္လံုးကိုသိေအာင္လုပ္ထားတယ္၊ လံုး၀ခံစားခ်က္မရွိဘူး။ လူသားေတြက အကုန္လံုးသိတယ္ဆိုရင္ေတာင္မွ ခံစားခ်က္ရွိတယ္။
EQ ကိုျမွင္႔တင္တဲ႔ လုပ္ေဆာင္ခ်က္မ်ားစြာကို မ်ားစြာေသာ ပညာရွင္မ်ားက ေဖာ္ျပ ၾကပါတယ္။ ထိုထဲမွ Daniel Goldman က ဘယ္လို EQ ကို ျမွင္႔တင္ရမလဲဆိုတဲ႔ အခ်က္ ၅ ခ်က္ကိုေျပာျပထားပါတယ္။ Basic area of growth ပါ။
1. Self-awareness
2. Managing Emotions
3. Self-Motivation (ဒီအပိုင္းကိုကြ်န္ေတာ္ အဓိကထားျပီး ျမွင္႔တင္ပါတယ္)
4. Empathy
5. Handling Relationship
ဒီအခ်က္ေတြကို handle လုပ္ႏိုင္ဖို႔ဆိုရင္ မိမိမွာရွိတဲ႔ "မလုပ္ႏိုင္ဘူး" ဆိုတဲ႔အရာေတြကို ေမာင္းထုတ္ႏိုင္ေအာင္လုပ္ရပါမယ္။ ဘာေၾကာင္႔လဲဆိုေတာ႔ မေအာင္ျမင္တဲ႔အရာေတြကိုေတြးျခင္းျဖင္႔ မေအာင္ျမင္တဲ႔ရလဒ္ေတြပဲရလာမွာျဖစ္ပါတယ္။ ဒါေၾကာင္႔ negative အရာေတြကို လံုး၀ေခါင္းထဲမထည္႔ပဲ positive ေတြပဲစဥ္းစားျပီး လုပ္ေဆာင္သင္႔ပါတယ္။
ကြ်န္ေတာ္အဓိကလုပ္ေဆာင္တဲ႔ self-motivation အပိုင္းမွာေတာ႔ မိမိေအာင္ျမင္သမွ် အရာေတြကို အျမဲေတြးေပးပါ။ အေသးစားေအာင္ျမင္သည္႔တိုင္ေအာင္ အျမဲေတြးေပးျခင္းျဖင္႔ မိမိ၏ မသိစိတ္က ေအာင္ျမင္တဲ႔ သေဘာကိုမွတ္သြားျပီး မိမိ အသိစိတ္က ေအာင္ျမင္ေအာင္လုပ္ေဆာင္ေနတဲ႔အခ်ိန္မွာ မသိစိတ္ကပါ ေအာင္ျမင္ေအာင္တြန္းအားေပးပါတယ္။
Empathy အတြက္ မိမိ အတြက္သာ မစဥ္းစားပဲ အျခားသူဖက္က တခါတေလ ၀င္စဥ္းစားေစခ်င္ပါတယ္။ အျမဲတမ္း အျခားသူဖက္ကိုစဥ္းစားျပီး သူတို႔အလိုက်လိုက္ရမယ္လို႔ မဆိုလိုပါဘူး။ ဥပမာ - လုပ္ငန္းပိုင္ရွင္၊ မန္ေနဂ်ာဆိုရင္ မိမိလက္ေအာက္ငယ္သားမ်ား၏ စိတ္အပိုင္းကို နားလည္ေအာင္ ၀င္ၾကည္႔ခိုင္းတာပါ။
ထိုနည္းတူစြာပဲ handling relationship ကလည္း သူမ်ားေတြရဲ႔ စိတ္ခံစားကိုသိရွိျပီဆိုတာနဲ႔ relationship တစ္ခုကိုဘယ္လိုတည္ေဆာက္ရမလဲဆိုတာသိရွိျပီးျဖစ္ပါတယ္။
ဒီအခ်က္ေတြနဲ႔ပတ္သက္ျပီး Comment မွာ ၀င္ေရာက္ေဆြးေႏြးဖို႔ဖိတ္ေခၚအပ္ပါတယ္။ မသိတာေတြ မွ်ေ၀ျခင္းျဖင္႔ ႔ဗဟုသုတမ်ားကို ခ်ဲ႔ထြင္ႏိုင္ပါတယ္။
22/08/2016
The Secret Language of Flight Attendants
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Have you ever eavesdropped on an airline cabin crew, and wondered the meanings of their jargon? What does “cross-check” mean? Or "all-call"? And what about when they mention taking their “jump seats” during turbulence — are they preparing to strap on parachutes and jump out of the aircraft? The airline world has its own shoptalk and jargon, and listening passengers can discover an entirely new language.
We’ll let you in on some of the obscure terminology heard before and during a flight.
"Prepare doors for departure/arrival."
In an emergency situation, evacuation slides — which stow in a housing at the bottom of each aircraft door — are designed to automatically deploy with a blast of compressed carbon dioxide and nitrogen in just six seconds flat. But they won’t work if a crew member hasn’t “armed" the door: that is, pushed a lever on the door that connects the slide to the sill. Doors must be prepared, or armed, before a plane leaves, and disarmed upon arrival.
Depending upon the make and model of aircraft, this can mean lowering or raising a lever with one hand, or physically bending over and securing a bar to the floor latches. Some older aircraft require a strap to be placed across the cabin door’s windows, so employees greeting the aircraft from the jet bridge know whether the slide is engaged or not. Door safety is imperative: unsuspecting gate agents could accidentally open an armed door and have a slide pop out onto them and into the bridge.
"Cross-check" and "cross-check complete."
After flight attendants prepare for arrival or departure, the aircraft’s doors need to be cross-checked — airline-speak for double-checked by another flight attendant. Sometimes you will hear, “Doors are armed and cross-check complete” which verifies the doors are engaged and ready for an evacuation in the event of an emergency. Some airlines' cross-checks are said over the PA and others are verified via the private intercom.
"All-call."
Airlines have different procedures for flight attendants to verify their cross-checks. Sometimes it's done over the PA system; other times it's requested privately. There's where phrases such as "standby for all-call" come in. This means the inflight crew calls in from their assigned positions via the telephone intercom, conference-style.
"Jump seat."
This term refers to the small seats flight attendants take during takeoff, landing, and turbulence. When he or she stands up, the seat automatically closes, or “jumps."
"Bulkhead."
The bulkhead is the dividing wall on an aircraft, usually found ahead of the first row one. It separates the cabin seating from the galley or lavatory. (Some passengers appreciate these rows due to the extra legroom.)
"Extender."
Passengers must have seat belts fastened before the aircraft is pushed back from the gate for departure. But what about larger passengers who cannot connect the buckle and the tongue of a standard lap belt? They receive a seatbelt extension — “extender” for short — which augments belt length by about 25 inches.
"Spinner."
Passengers who arrive at the last moment and don’t have a seat assignment are occasionally told by a gate agent to board the aircraft and find an empty seat. This can result in a flustered passenger standing in the aisle, spinning as they search. You may hear a flight attendant call their cohort on the intercom or announce over the PA to a crew member, “We have a spinner mid-cabin. Are there any seats in the back?”
"Demo."
While demo is usually short for demonstration, flight attendants use the term to refer to the pre-flight passenger safety briefing. Fun fact: Flight attendants use a seatbelt extender during the demo to illustrate the act of fastening and unfastening their seatbelts.
"Deadhead."
Jerry Garcia fans need not get excited. Deadhead is the term for a crew member who is on duty, but flying as a passenger, heading home after a flight or to another airport to catch one. If a crew member calls out sick, the airline’s crew scheduling system will “deadhead” a pilot or flight attendant to the city to replace the absent employee.
"Redeye."
This unpleasant term refers to an overnight flight. For crew-members, they are the graveyard shift of the air. While staying up all night can be tedious for new flight attendants who are not used to it, these routes can also mean easy service and plenty of time for galley gossip since most passengers sleep.
"Equipment."
For some unknown reason, an aircraft in the airline industry is called "equipment." “Equipment looks good" means the plane has no issues or mechanical problems. On the other hand, “We are delayed because we need an equipment swap" is often met with groans.
"Runners."
"We’re waiting for runners" means "we have passengers coming from another flight that was late." Read: they are likely sprinting through the airport. If flight attendants use this term with each other, it means they need to get the passengers’ bags stowed and the people seated as fast as possible so they can depart on time. Note: Some airlines will hold for runners. Others aren’t so kind.
BONUS:
The chimes.
Passengers can try and guess the meaning of those various chimes heard when flying, but we should warn you that the number of “dings” means different things on different airlines. Sometimes the chimes mean the plane is going above or below 10,000 feet. Other times it’s a warning of choppy air ahead.
The call button.
Other times, that “ding” means a call button’s been pressed. Some flight attendants call this an abuse button, especially when passengers overuse their authority by acting as if they are the only person on board. Call buttons are acceptable to use when passengers truly need something, like help with a drink spill, or they feel sick and need assistance. Call button etiquette dictates passengers to wait until everyone else has been served before requesting seconds. Warning: Parents can expect to get the stink-eye if they allow their toddler to use the call button as a musical toy.
That mysterious flight attendant telephone.
As for the secret chatter the flight attendants have on the intercom with the pilots and each other, that also varies, covering topics like coffee, bathroom breaks, wheelchairs, delays, cabin temperature, weather — sometimes even sports scores that could be shared with Wi-Fi-less passengers
18/08/2016
Pokemon Go မွ ရေသာ အေတြး
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ကြ်န္ေတာ္တို႔ Pokemon Go ကစားရင္း အေတြးတစ္ခုေခါင္းထဲ၀င္လာတယ္။ ဒီ ကစားနည္းက စြန္႔ဦးတီထြင္ လုပ္ငန္း စလုပ္မယ္႔သူေတြ၊ လုပ္ေနတဲ႔သူေတြ အတြက္ အေတြးေကာင္းတစ္ခု ျဖစ္ႏိုင္တယ္ လို႔ ကြ်န္ေတာ္ စဥ္းစားမိတယ္။
၁။ Pokemon Go စျပီး ကစားဖို႔အတြက္ app ကို စတင္ download လုပ္ခ်တယ္။ Andriod ေတြဆိုခင္ "Google Play" မွာ၊ IOS ေတြဆိုရင္ "App Store" မွာ။ ဒီလိုပဲ ကြ်န္ေတာ္တို႔ လုပ္ငန္းစတင္ဖို႔ စိတ္ကူးထဲမွာ ကိန္းေအာင္ေနတဲ႔ အစီအစဥ္ေတြကို "Mind Palace" ထဲမွရွာျပီး "Action" ကို စတင္ အရင္းအျမစ္ခ်တယ္။
၂။ ျပီးတာနဲ႔ “Google Play” account သိုု႔ “Apple” account ကိုခ်ိတ္မယ္။ ဒါမွမဟုုတ္ “Pokemon Trainer Club”ထဲမွာ Sign up လုုပ္မယ္။ အဲလိုပဲ ကြ်န္ေတာ္တို႔လည္း စတင္ Action လုပ္ျပီးဆိုတာနဲ႔ လုပ္ငန္း ရွိျပီးသားဆိုရင္ စတင္ရုုပ္လံုုးေပၚဖို႔လုုပ္ေတာ႔မယ္။ လုပ္ငန္းမရွိသူမ်ားက လည္း Register လုပ္မယ္။ ဒါမွမဟုတ္ ဘယ္လိုနာမည္ေပးရမလဲ ေရြးမယ္။
၃။ ၾကားထဲမွာ က်န္ခဲ႔တာရွိမယ္။ ဘာလဲဆိုေတာ႔……….ငါ Pokemon Go စ ကစားျပီးဆိုတာကို လူေတြကိုု လုိက္ေျပာမယ္။ Social Media [Facebook] ေပၚတက္ေရးမယ္။ ထိုနည္းလည္းေကာင္းပဲ ငါ ဘာလုပ္ငန္းလုပ္ေတာ႔မယ္၊ ဘာပစၥည္းေတြ ျဖန္႔ခ်ီေတာ႔မယ္၊ ဘာစားေသာက္ဆိုင္ဖြင္႔ေတာ႔မယ္ဆိုတာ မိတ္ေဆြ၊သူငယ္ခ်င္းေတြကို Marketing လုပ္မယ္။ ေၾကျငာမယ္။
၄။ Register လုပ္ျပီးျပီဆိုတာနဲ႔ စ ကစားလို႔ ရျပီ။ Pokemon ၃ေကာင္စေပးမယ္။ တစ္ေကာင္ဖမ္းလို႔ ရမယ္။ ေနာက္ အေကာင္ေတြ ဆက္ဖမ္းရမယ္။ Level တက္ေအာင္ ဆက္ေဆာ႔မယ္။ အေကာင္ေတြ အမ်ားၾကီးရေအာင္လုပ္မယ္။ လမ္းေတြေလွ်ာက္ရမယ္။
ဒီလိုပဲ အလုပ္စလုပ္ျပီဆိုုတာနဲ႔ ငါ႔ဆီမွာ အလုပ္ရွိသြားျပီ။ ဒီအလုပ္ကိုေအာင္ျမင္ေအာင္ ဆက္လုပ္ရမယ္။ စီးပြားေရးခရီးလမ္းေတာက္ေလွ်ာက္ သြားရမယ္။ လုပ္ငန္းေတြေတြ႔မယ္။ တစ္ေန႔နဲ႔တစ္ေန႔ ရလာသမွ်အလုပ္ေတြကို မိမိရရဖမ္းဆုပ္သြားမယ္။
၅။ Level တက္လာလို႔ Level 5 ေရာက္ရင္ အသင္းေရြးမယ္။ ျပီးေတာ႔ မိမိအသင္း Gym မွာ သြား Train မယ္။ အသင္းတူေတြနဲ႔ ပူးေပါင္းမယ္။ အျခားအသင္း Gym ေတြကို သြား fight မယ္။ သိမ္းမယ္။
စီးပြားေရးလုပ္ေနရင္းနဲ႔ မိမိ အဆင္႔တစ္ခုေရာက္သြားရင္ မိမိလုပ္ငန္းအတြက္၊ အျခားသူလုပ္ငန္းအတြက္ win-win အေျခအေနအထိေရာက္ေအာင္ ပူးေပါင္းလုပ္ေဆာင္ၾကမယ္။ မိမိကိုလာျပိဳင္ေနတဲ႔သူေတြကိုလည္း ဂရုုမစိုုက္ပဲ မိမိပန္းတိုင္အတုိင္း ဆက္ေလွ်ာက္မယ္။ လိုအပ္ရင္ outsource လုပ္မယ္။ လုပ္ငန္းခ်ဲ႔မယ္။
၆။ က်န္ခဲ႔ေနာက္တစ္ခုက lure module ဖြင္႔ထားတဲ႔ေနရာရွိရင္ ေရာက္ေအာင္သြားျပီးအေကာင္ေတြဖမ္းမယ္။ အေကာင္အသစ္ေတြ၊ CP ျမွင္႔တဲ႔ အေကာင္ေတြ ရမယ္။
ကြ်န္ေတာ္တို႔က်ေတာ႔ lure module လိုပဲ opportunity ရွိႏိုုင္၊ရႏိုုင္မယ္႔ ေနရာေတြသြားမယ္။ မိမိလုပ္ငန္းအတြက္ အက်ိဳးျဖစ္ထြန္းႏိုင္မယ္႔ နည္းလမ္းအသစ္ေတြရွာမယ္။ ဒါေပမယ္႔ opportunity မရႏိုုင္ေပမယ္႔လည္း ရႏိုင္ေအာင္လုပ္ႏိုုင္မယ္႔ နည္းလမ္းေတြကိုလည္း ရွာႏိုင္ရမယ္။ “Don’t wait the door will open or knock, Just get up and open”
ဒါေတြက အနည္းငယ္ Pokemon Go ကစားရင္း စဥ္းစားမိတာေလးပါ။ Entrepreneur တစ္ေယာက္အတြက္ဆိုရင္ဒီအခ်က္ေတြက အနည္းငယ္ပဲရွိပါေသးတယ္။
Pokemon Go စေဆာ႔ရင္ level တက္ဖို႔လြယ္တယ္။ level ျမွင္႔လာေလ level တက္ဖို႔နည္းနည္းၾကာလာတယ္။ level တက္ေအာင္ မနည္းေဆာ႔ရတယ္။
ကြ်န္ေတာ္တို႔လည္း စီးပြားေရးစလုပ္ရင္ ခ်က္ခ်င္းေအာင္ျမင္ႏိုုင္တယ္။ ဒါေပမယ္႔ ေအာင္ျမင္မႈကို ဆက္လက္တိုးေအာင္ လုပ္ႏိုုင္ဖို႔ ၾကိဳးစားရတာခ်ည္းပဲ။ ထိန္းထားႏိုင္ရမယ္။
Pokemon Go သိုု႔ အျခား game ေတြ ကစားရင္း အေတြးနယ္ခ်ဲ႕ႏိုုင္ပါတယ္။
Be Kind of One Another. Believe yourself
17/08/2016
JACK MA
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Every Mistake is the wonderful revenue.
1. Before 20 yr, be a good student.
2. Between 20 and 30, follow someone. "work in small business and learn experiences". A company where can be able to learn good processing.
3. Between 30 and 40, think carefully that you work for yourself or for others.
4. Between 40 and 50, focus on what you are good at. Don't change path. You may be successful but dying rate is high.
5. Between 50 and 60, make place for young place BECAUSE "young people are way much better than YOU". Invest on THEM. Make sure they are good.
6. Over 60, Take a rest, SPEND TIME for YOURSELF.
19/07/2016
Entrepreneur တစ္ဦး(သိုု႔) စီးပြားေရးလုပ္ငန္းလုပ္ေနသူ တစ္ဦး အေနျဖင္႔ ညိႈႏိႈင္းေဆြးေႏြးမႈမ်ား ေန႔စဥ္ႏွင္႔အမွ် ၾကံဳေတြေနရပါတယ္။ ညိႈႏိႈင္းေနရာမွ အခန္႔မသင္႔လွ်င္ စကားမ်ား၊ လိုရင္းမေရာက္ပဲ ေဘးေခ်ာ္ျပီး တစ္ဦးစကားအေပၚတစ္ဦးမေက်နပ္ခ်က္ေတြကို ျပန္လည္ေခ်ပရင္း အခ်ိန္ကုန္သြားတတ္ၾကမွာပါ။
ဥပမာ - ေဆြးေႏြးပြဲအျပီး ဘာမွလည္း ျဖစ္မလားဘူး၊ နီးစပ္မႈရကာနီးမွ ပြဲပ်က္သြားတယ္၊ မဆိုင္တဲ႔သူေတြက မဆိုင္တဲ႔စကားေတြနဲ႔ လာေရာတယ္၊ ထိုးႏွက္တယ္ စသည္ျဖင္႔ ပြဲျပီးစကားမ်ားေျပာတတ္ၾကပါတယ္။
ဆိုလိုရင္းက မိမိ သည္ ေဆြးေႏြးပြဲတြင္ ဘာကို ရခ်င္တယ္၊ ဘာေတြကို ျပန္ေပးဆပ္ရမလဲဆိုတာ ေဆြးေႏြးပြဲမတိုင္ခင္ စဥ္းစားေကာင္းစဥ္းစားမိခဲ႔ပါလိမ္႔မယ္ (သို႔) မစဥ္းစားမိခဲ႔သူမ်ားလည္း ရွိေကာင္းရွိႏိုုင္ပါတယ္။ ေဆြးေႏြးပြဲတြင္ ရယူလိုစိတ္သာရွိခဲ႔ျပီး ျပန္လည္ေပးဆပ္ရမည္႔သေဘာကို ပြဲေတြ မိမိႏွင္႔ေဆြးေႏြးသူက ေျပာလိုက္သည္အခါမွ ရုတ္တရက္ခ်က္ခ်င္း သတိရသြားကာ "ဒီလူက မျဖစ္ႏိုင္တာေတြေတာင္းဆိုတယ္၊ ငါ႔ကိုလာထိုးႏွက္ေနတာပဲ" ဟု စိတ္က ထင္သြားက "ဘူး၊ NO" ကို စတင္လက္ခံက်င္႔သံုးရင္း လာရင္းဦးတည္ခ်က္ေပ်ာက္ကာ စကားထိုးႏွက္မႈမ်ား စတင္ ႏိုုင္ပါတယ္။
ထို႔ေၾကာင္႔ ေဆြးေႏြးပြဲမ်ားတြင္ မည္႔သို႔မည္ပံု ၾကံဳေတြ႔ရင္ မိမိဘက္က ဘာေတြ စတင္သတိထား သင္႔ေၾကာင္း ေနာက္မ်ားတြင္ ေဖာ္ျပသြားပါမည္။
အဓိက က မိမိဦးတည္ခ်က္ ေဆြးေႏြးပြဲရလဒ္ကို ဘယ္လို ဘယ္ပံုမ်ိဳးျဖင္႔ ဘယ္လိုရႈေထာင္႔မ်ိဳးစံုဘက္က ေဆြးေႏြးလို႔ရႏိုုင္ေၾကာင္း၊ ေဆြးေႏြးသူ တစ္ဖက္သားကိုလည္း ေလးစားမႈျပေသာအားျဖင္႔ လိုခ်င္ေသာရလဒ္ကို win-win situation ျဖစ္ေအာင္လုုပ္ႏိုုင္ပါတယ္ဗ်ာ
16/07/2016
Jack Ma Top (10) Rules
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Listed by Evan Carmichael. Presented by Entrepreneur Myanmar
1. Get used to rejection
2. Keep your dream alive
3. Focus on culture
4. Ignore the LittleMan (those who talks bu****it)
5. Get inspired
6. Stay focused, the need to say no
7. Choose a good company name
8. Customers are #1
9. Don’t complain, look for opportunities
10 .Have passion, right from day 1
15/07/2016
6 Red Flags Warning Your Business Partner Will Drag You Down
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You probably know the statistic: 80 percent of business partnerships ultimately fail. But people continue to enter partnership agreements because the benefits can give your company several advantages:
-Combined skills and knowledge
-More business capital
-Greater borrowing capacity
Despite all this, four out of five business partnerships still don’t work out. If you want to make it as an entrepreneur, you’ve got to figure out how to make certain your partnership is part of the successful 20 percent.
To start, take a look at these signs that your business partner is more of a hindrance than a help. If any sound familiar, it might be time for an internal shake-up.
1. Benefits aren't equal.
Throughout my career, I’ve launched a number of different businesses in several different industries. I’ve worked with partners, and I’ve flown solo. If there’s one thing I’ve learned, it’s that business partnerships typically are most helpful if you each possess some skill or knowledge the other lacks.
Maybe one of you knows how to program, and the other is good at telling your story through marketing. Maybe you know sales, and your partner is a stickler for accounting and budget management.
On the other hand, if you work with someone who has significantly less experience than you -- or substantially more -- only one of you benefits. This can turn into a toxic business partnership. A healthy balance increases the chances you’ll both benefit equally, whether that's in terms of professional development or company profits.
2. Your values conflict.
You might think this matters only in a marriage, but you'd be shortchanging the importance of a shared vision. You and your business partner must work toward the same business goals and agree on how to achieve them. If you're incompatible in the way you approach finances, planning and strategy, it could create issues that affect your ability to succeed.
Former Walt Disney CEO Michael Eisner once said, “It is rare to find a business partner who is selfless. If you are lucky, it happens once in a lifetime.”
You don’t need your business partner to care more about your success than theirs. But it's much easier to make the relationship work for both of you if your ideals, values, goals and work ethic all are aligned.
3. They’re stuck in their ways.
In our digital age, businesses must act quickly to take advantage of new business tools and marketing channels that drive real growth. There’s a reason "that's the way we've always done it" is one of the worst things to hear in a work setting.
Business landscapes constantly are changing. The most resilient entrepreneurs make it a priority to adapt to the landscape. You shouldn’t continually have to convince your business partner that new skills and technologies can help your business flourish.
4. You don't trust each other to get things done.
It’s an entrepreneur's job to wear a lot of different hats, but no one can be everywhere at once. A business partner provides an extra set of eyes and ears to help make sure business operations run smoothly.
But do you actually trust your business partner to manage your business? If you don’t, the relationship is hurting you. That’s all there is to it.
There can be many reasons behind this distrust. No matter the cause, it means you don't have a partner -- you have one more employee to manage. Find a way to trust your partner to do the job the way you believe it should be done or prepare to take on all the responsibilities yourself.
5. They offer problems but no solutions.
Retired business executive Jack Welch once said, “Good business leaders create a vision, articulate the vision, passionately own the vision and relentlessly drive it to completion.”
Both members of a business partnership should be willing and able to create actionable plans to solve problems and reach business goals. If one partner spends all his or her time pointing out problems, it’s a bad sign (not to mention seriously annoying).
A solutions-oriented partner can be a valuable asset in financial management, product design, marketing and other key aspects of your joint business.
6. You can't resolve certain conflicts.
Even the best business partners have disagreements (you should hear some of the arguments I’ve had with mine). Truthfully, these debates are another benefit of having two minds working on the same issues.
The trouble arises if those conflicts never come to successful resolutions. Intelligent people with different opinions should be able to weigh the pros and cons of each option and come to an ultimate conclusion.
If you simply can't resolve a serious disagreement, you'll have serious problems -- especially if the two of you have an equal partnership stake. Which person gets the final say?
Maybe you planned ahead and crafted your partnership agreement to include guidelines for such situations. At some point, ongoing irreconcilable differences are probably strong signs that your two heads aren't better than one.
21/08/2015
This is What I Tell All My Execs on their First Day
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There’s a saying: "An opportunity sustains an enterprise for a year; good management sustains an enterprise for a decade; good corporate culture sustains an enterprise for a century."
A company intent on long-term development needs executives who can fully understand and pass along its corporate culture to other employees. I share my viewpoints with every senior executive I work with every day. Below are the seven features I think qualified executives should have while working at Fosun.
Entrepreneur Spirit
We hire talent not for doing what they’re told, but for their initiative and great power to execute. We invite them to be one of us because they know what to do and how to do it. I will never appreciate your saying: “Chairman Guo is good and I will do everything as he orders.” I would rather you combine all the company resources and find the right way by yourself, which is what the “entrepreneur spirit” is all about.
“Grey-area” flexibility
As far as I am so much into Tai Chi culture, the Ying and Yang or white and black have other meanings: Chinese people define “white” as “good” and “black” as “bad.” Therefore the colour ‘grey’ between white and black stands for “neither good nor bad,’ which represents flexibility.
As a fast-growing company, we will never offer you very well defined tasks or goals. The company has lots of room for development and you have to find your way for self development and deal with uncertainties.
Finding the problem is important; searching for the solution is essential
As a fast-growing company with assets of $160 billion under management, we surely have various problems. You will find no time to work if you are busy grumbling every day. We invite elites and hire talents to solve our problems instead of spreading negative feedback to other employees. Negative influencers are not welcomed at Fosun.
Be a value investor, not a speculator
Every year we emphasize the same thing: we should hold on to our investment discipline. We always follow Warren Buffett’s investment model. That means we encourage value investing and analyzing fundamentals instead of blindly following the market momentum.
Find a “closed loop” and integrate all resources
What is a closed loop? The closed-loop concept means that you will have to integrate and connect all of the company’s resources into the products you offer. At the end, you have a product or service that can provide positive customer experiences and create unique value. The unique value is our product identity.
There is no immediate reward or punishment, but we see your efforts and your shortcomings.
Fosun’s incentive system has been witnessing huge changes over the past several years, but just having an incentive system in place is not sufficient. We have to find those who are accountable to cause problems or have passed along problematic values. As I look back, this approach of “holding people accountable” has also been functioning in a positive direction in respect to those who have made contributions.
Learning while working
We value those young, smart and quick learners who work and grow in Fosun. They are our targets for everyday training as “Fosun MBAs”, where you can find real case study classes happening everywhere in our company.
Fosun is the best MBA learning venue: just imagine how many meetings we hold every day or every year. All we talk about is real money, real assets and real investment, thus making this the best business education opportunity out there
21/08/2015
An opportunity sustains an enterprise for a year; good management sustains an enterprise for a decade; good corporate culture sustains an enterprise for a century