“Empower Your Life”-Cohort 3

DreamMakers International presents to you another Experiential Training

“Empower Your Life” – Full Version (Cohort 3)

Inter Net Party and IT Exhibition

Event Title: Internet Party

Organizer: Manich Enterprise (www.ipcambodia.com)

Time: 09h am to 07h pm

Date: Friday and Saturday, May 23rd and 24th, 2008

Venue: 5th floor, Sovanna Shopping Center (near Russia hospital)

Admission: FREE of charge (For free opening snack, you need to get an invitation!)

Participants: Over 20 Exhibitors and many other IT-related companies

Features: Fun Program, Live Concert, Catwalk Performance, Online Game Competitions, Lucky Draw with a brand new laptop as Top Prize, and, of course, Networking Opportunities!

Contact: 023 99 66 33

Hope to see you guys then:)

Two Rules for Business Start-ups

Entrepreneurship is the art of finding profitable solutions to problems. Every successful entrepreneur, every successful businessperson has been a person who has been able to identify a problem and come up with a solution to it before somebody else did. Here are the five rules for entrepreneurship.

Find A Need And Fill It
First, find a need and fill it. Ross Perot, when he was working for IBM, saw that his customers who were buying IBM computers, needed help in processing their data. He went to IBM with this idea and they said they weren’t interested, so he started his own business. He eventually sold it out for $2.8 billion dollars. He found a need and he filled it.

Find A Problem And Solve It
The second rule is to find a problem and solve it. A secretary working for a small company began mixing flour with nail varnish in order to white out the mistakes she was making in her typing. Pretty soon, her friends in the same office asked if she could make some for them. So she began mixing it on her kitchen table. Then, people in other offices started asking for it, and she eventually quit her business and worked full time creating what is today called Liquid Paper. A few years ago, she sold her company to Gillette Corporation for 47 million dollars.

By Brian Tracy: www.briantracyintl.com

What Makes an Entrepreneur?

“Do you want to be your own boss?” Most of you would answer “Yes”. Simple. But how are you going to become that someone? Not so easy. There are many challenges to overcome. Yet, to me, it is worth a while to venture out as an entrepreneur.

In order to run your business, you must be good with numbers and people.

Why numbers?

Because if you fail to control your money, it will control you.

How to be good with numbers?

Take great care of your financial assets. Focus on cost minimization and profit maximization. Is that enough? When there are decent profits, save some and invest the rest in other parts of your business and even in other businesses. Hey, sounds like you become money-minded, right? Not really, successful entrepreneurs learn to give back to the society. Believe it or not, it’s financially and spiritually returnable to contribute out of your heart!

Why people?

Entrepreneurs can start up a business alone with little or not money at all. “YOU” factor or your IDEA must come first. When it comes to growth, staff or partners play a very crucial role to move things forwards for and with you. Then some skills should be found and developed.

How to be good with people?

Check with yourself if these attributes lie in you already:

- Vision of the big future

- Conception of an unprecedented, yet profitable idea

- Willingness to learn from the mistakes and be coached by experienced mentors

- Courage to take action

- Quick decision-making

- Tolerance to calculated risks

- Creativity and problem-solving skills

- Sound communication and networking skills

- Effective leadership

Though basic it may be, the list can be extended. You may have some skills already. Yet, there remain more to develop. Quite often, this lack of skills becomes “fear” and stops budding entrepreneurs from achieving what they want. Do you want to control that “fear”? Find a place where you can transform your “fear” into your “strengths.” When you’re comfortable with who you really are and how you spend your money, you increase chances to become successful entrepreneurs.

“A dream that you don’t fight for can haunt you for the rest of your life.” – Robots

 

Contributed by Sum Sithen

Featured in G21 Magazine (January-February): www.g21mag.com.

 

Quotes

“Man must search for what is right and let happiness come on its own. “
– Johann Pestalozzi, educator

“I learned that courage was not the absence of fear, but the triumph over it. The brave man is not he who does not feel afraid, but he who conquers that fear.”
– Nelson Mandela, Civil Rights Leader