A follow-up of Ridzuan’s email – “Keep it going. Don’t lose heart!” It is pretty clear that the market is filled with pessimism especially of the poor performance in the US retail sector. The retail sales in US declined to 1.2% in the month of September. (Read article here). It is pretty obvious that export-driven Asia economies will be badly affected as the demand of US falls.
In Ridzuan’s email, I understand the anxiety faced by many startups in Singapore as funding activities will be greatly reduced due to the US subprime crisis. The market sentiment has been worsened when Singapore government has announced that Singapore has entered into a technical recession. A technical recession refers to 2 consecutive quarters of contraction. (Read article here)
For those who are involved in a high burn-rate technology early-stage startup, it is going to possess a really big problem in your venture as many PE/VC are reducing their positions instead of investing more on new ventures. In fact, big MNCs are taking the opportunities to look for “bargain” in the market. M&A will still remain strong despite the global meltdown but that only benefits private companies which have reached a certain scale (Read article here). For those startups that are still in the infant stage, better know how to control your spending. Only the Fittest Survive! If the company can pull through the bad weather, the market will definitely value it differently.
This blog post is not meant to discourage passionate people who are starting up. In fact, I admired people like Ridzuan and Kelvin for taking the path of an entrepreneur. Bad time doesn’t always mean problems. It possesses opportunities too. As mentioned by Ridzuan and Bernard, it is the best time to hire talented people since the big players have already reduced or froze hiring.
If you haven’t read Ridzuan’s email, you can access from here.
This is the new song by JJ – 熟能生巧. So who’s the hot babe in his new song? Her name is Akemi. She is a Taiwanese model. She was born in Brazil, but growed up in Tokyo (wanna know more about her, visit here).
A follow-up from my previous post – 林俊杰的赤壁之战. I think the chinese oriental type of music (which Jay Chow usually sings) may not be suitable for JJ. He sounds too modern for that. What did you guys think?
As I was googling for the game – 赤壁online, I found this song by JJ Lim. The title of the song is called 醉赤壁, theme song for the movie 赤壁. Not too bad but it can be better given the fact that 方文山 has involved in writing the lyrics (you can access the lyrics of the song here).
By the way, 隋棠 and JJ are the celebrities who endorse the game.
I am glad to participate in the seminar: Why Did the Chicken Cross the Road? organized by LCI Executive Seminars. Thanks to BLOG2u for informing me of such enriching seminar!
The seminar is about effective communication. David Goldwich is the instructor of this seminar. He has a BA degree in political science with a focus on political communication, organisational theory and psychology. He also has an MBA with a specialization in Business Mgt and Organisation and a JD degree. In the United States, David practiced law for more than 10 years and is also trained as a mediator.As a trainer, David’s specialisation is in communications and presentation, negotiations, creativity and innovation.
The seminar is a whole day event yet David is able to make what seemingly long-hours lesson into one that is filled with laughter and learning values. All of us have enjoyed the seminar. Rest assure, you will discover the secret of effective communication.
Basically, David’s seminar can be summarized into the following:
Communicate to express, not to impress
Seek first to understand, then to be understood
you learn more by listening than by talking
People do things for their reasons, not yours
People have two reasons for everything: One that sounds good, and the real one
People often act based on emotion and justify their actions with reason
Perception is reality. People see what they want to see, and hear what they want to hear.
Whoever frames the questions wins
Make it easy to say “YES”
People don’t care how much you know until they know how much you care.
Something in the seminar that is new to me is the Chinese character shown in the below picture.
The ancient Chinese has placed a lot of emphasis on the importance of listening. Very interesting.
Besides using your ears to hear, listen with your heart, watch very carefully for nonverbal signals and treat the speaker like a king. I think this is the most fundamental of effective communication.
Guys, Finally, I am starting up a new organisation. My first event is on this coming Saturday. Please see below.
Want to be in tune with the latest hype in the wireless scene? Then join us @ TAWA Networking Forum
Technopreneurs’ Association of Wireless Applications (TAWA) was set up in 2008 with the main objective of promoting the wireless sector in Singapore. TAWA aims to provide companies, academia, aspiring entrepreneurs and prospective investors focusing on the wireless technologies a common exchange platform through a series of industrial sharing sessions and social networking activities.
TAWA Networking Forum is a series of high-tea style networking event whereby young professionals and students passionate about wireless technology will come together to share their knowledge and opinions on trends and issues in the wireless sector. The main objective of the TAWA Networking Forum is to foster stronger ties between education institutions and the private sector.
Guys, I walked past Raffles City this morning and got to see a display of F1 car. I believe it is a campaign held by several companies. BMW, Credit Suisse, Intel and Dell are one of the companies participating in this campaign.
I am not sure about this but I overheard some onlookers that there is a free photo taking with the F1 model on 22 Aug from 8pm to 10pm at Raffles City.
I intend to write an article on dentistry in Singapore and Blog2U has referred me to this dental clinic – TOOFDOCTOR. It is located at Tanjong Pagar Plaza, pretty near to Tanjong Pagar Station.
Unlike those boring clinic you see in the HDB, TOOFDOCTOR has done a terrific window dressing with vibrant colourful design in the clinic. Personally, I like this LEGO figures displayed in the glass cupboard.
After a short waiting, I entered Dr Diong’s room. It is another feeling. There is no fanciful design but the dental unit integrated with the Mac computer has been very prominent under the contrast of the simple and plain-designed room. Overall, his room gives a very pleasant, comfortable and professional ambience. I feel at ease lying on his integrated dental unit. Well, this is Dr Diong’s room. I got to know that there are different design themes for other rooms. You can view them at the TOOFDOCTOR website: http://www.toofdoctor.com.sg/Where_we_work.html.
Dr Diong has done a very detailed examination. Without any use of jargons, he explained the problems of your tooth with the help of diagrams and presentation slides. (Well, the slides presentation looks cool on a Mac computer!).
The diagram illustrated the problem of a sensitive tooth. (Yes!! That’s the problem I am currently facing) Dr Diong filled up the exposed area and I would need to use a desensitizing toothpaste to brush my teeth.
Overall, the dental experience with TOOFDOCTOR was good. The clinic used various forms of equipment to ensure that it delivers comprehensive treatment to the patient.
– A one-time consultation fee of $20/- for new patient.
– If you are going for half-yearly maintenance, the price of scaling and cleaning will range from $60 to $100.
COMEX 2008 comes just in time for me to buy a new portable hard disk. I am eyeing the 160GB Imation Apollo. It comes with the auto backup software (i am not sure whether it will work without the software installed. Still checking…)
COMEX will be held at SUNTEC City Exhibition Centre level 1, 2, 3, 4 & 6 from 28th – 31st Aug 2008. Anybody wants to come along with me?