Wednesday, January 28, 2009

Business Gem: Warren Buffett's Advice

I got this from a friend. Not sure of the source though so take it with a pinch of salt.

Spending: If you buy things you don't need, you'll soon sell things you need.

Savings: Don't save what is left after spending; spend what is left after saving.

Hard work: All hard work brings profit; but mere talk leads only to poverty.

Laziness: A sleeping lobster is carried away by the water current.

Earnings: Never depend on a single source of income.

Borrowings: The borrower becomes the lender's slave.

Accounting: It's no use carrying an umbrella, if your shoes are leaking.

Auditing: Beware of little expenses; a small leak can sink a large ship.

Risk-taking: Never test the depth of the river with both feet.

Investment: Don't put all your eggs in one basket.

Saturday, January 17, 2009

Business Gem 1

I read with sadness that businesses are suffering during this economic crisis period.
Instead of focusing on the gloom and doom, I am starting a new section called Business Gems.
I hope to jot down my thoughts or good ideas i have found on surviving this crisis.
It also acts as a reminder to myself.

Business Gem 1

Your customers face new problems,
so give them new solutions.
No matter what business you're in,
you can redefine value for the customer.

Thursday, January 1, 2009

New Year, New Beginning

A new year, a new beginning. I am actually tired of making resolution list but God has shown me that he is weaving me together, bit by bit.

Life is a journey, it is not a cliché, but a profound truth. I know why i am still struggling to match the resolution list. It was because for the past year, i have not (yet) yield completely to Him. He has not given up on me (although i am tired of myself and my stubborn way). Because Life is a journey, a journey that i have to travel with Him.

The finanical tsunami caused by excessive consumerism and leveraging this year caused me to reflect on many things.

For 2009,

1. I want to dedicate this new year to God and spend more time with Him. I want to dedicate all my goals to Him and let Him direct my goals and my path according to His will.

2. I would like to focus more this year on the "Have"s rather than the "Have-not"s. It is easier said than done. But to look internally , to treasure and to give thank for the things that God has blessed me rather than to look at those things that others have.

I may not have gotten the COE at $2. I may not have bought my airticket at the cheapest price. I may not have that high flying job. I may not have that fancy car and house.

but i have what i have and i know i have been blessed.

3. I want to exercise more and start to control my diet. As one of my blog friends stated "Eat with less consideration for pleasure, with more awareness for health".

4. I realised that human relationship are not dependent on "chemistry" or "Charisma" but it is a result of hard work.

I want to work hard at all my relationships (family members, at work place and friends etc). It will be hardwork and i have to be prepared that not all will be reciprocated. I should not expect it. I want to be kinder, more tolerant, talk less and therefore judge less.

5. I want to smile more this year.

6. I want to believe.

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