Do Telco Investors Need to Fear the Fourth Telco?

Ever since the Government announced that they would allow the entry of a fourth telco, share prices of the 3 existing telcos have been on a down trend. In Dec 2016, the name of the fourth telco was made known; it would be TPG Telecom. Do investors of the 3 telcos need to fear the fourth telco?   Firstly, some background information about TPG. TPG is the second largest internet service provider … [Read more...]

Interview with King of Popiah, Mr Sam Goi

I watched the TV interview with Mr Sam Goi last Sunday on Channel 8 under the third season of the episode "Hear me Out". In the previous season, I watched the interview with CEO of Sheng Siong and was impressed. You can revisit the post which I have created arising from watching the interview here . For this episode, I have looked forward to being impressed once again by one of the richest men in … [Read more...]

Running lean – a systematic process for iterating your web application from Plan A to a plan that works

51tCIG3jMzL._SX331_BO1,204,203,200_.jpg

This is a book by Ash Maurya, which talks about how to find and create a product that the market wants. The book is split into three major parts: product/ solution fit, product/ launch fit, and product/ market fit. This is also the book about the Lean Canvas, a modification of the Business Model Canvas by Alex Osterwalder. Product/ solution fit The first part of the book talks about the ways … [Read more...]

Impact of Data Upsize Plans on Telcos

Competition among the 3 local telcos used to be fairly stale, until things started to heat up in Mar 2016 when all 3 telcos launched data upsize plans as a way to pre-empt competition from a potential fourth telco. The upsize plans provide subscribers with more data with the payment of an extra monthly fee. How does that impact the revenue and profitability of telcos? As M1 is closest to a pure … [Read more...]

Impact of SIM-Only Plans on Telcos

I recently switched my telco subscription plan from the regular ones to SIM-only plans. How do these SIM-only plans impact the revenue and profitability of the 3 local telcos? Before we begin, let me explain what are SIM-only plans. As the name implies, SIM-only plans only provide voice, SMS and data but do not come with subsidised handphones. The tables below show the amount of voice, SMS and … [Read more...]

Different models for e-commerce

template-1599667_960_720.png

Ok, I get a few queries pertaining to the idea of having passive income via e-commerce. Personally, I do doubt one can be really ‘passive’ when it comes to e-commerce. But first, let’s look at the various ‘models’ of e-commerce. It is not just getting a product and selling online. While listening to podcasts, one seasoned seller highlighted that initially, when he started out,  he was into … [Read more...]

Quick thoughts

the-strategy-1080533_960_720.jpg

Well, we are in January, still relatively early in the year. Work has been picking up. I intend to focus more of my attention at work (likely work later these past few days). News of retrenchments from other companies in my industry has been floating around. In the recent company Dinner and Dance (D&D), there isn’t any announcement of future projects (unlike previous years). In terms of … [Read more...]

Selling via Fulfillment by Amazon (FBA) – Status update (Part 7)

hazard-1664923_960_720.jpg

You can read my previous post on Amazon FBA here (Part 6). So far, I have 2 products listed on Amazon. I went through the whole process of lowering sales price, advertising through Pay Per Click  – PPC campaigns (Auto and Manual), doing Facebook Ads, giving out product at heavily discounted prices, going through an email list to promote my products. For Product 1, it received 2 nos. of 4 … [Read more...]

Purple cow – transform your business by being remarkable

Other than the 4Ps of Marketing, now we have another P - Purple Cow. I picked up this book last week, but stopped it halfway to read another book - talking to humans. Finished it today, which took me around 5 days. Overall, it's a very light reading. This book is about Marketing, and how do you design, create, market, or promote your product or service in a way that is so remarkable that … [Read more...]

It’s not personal, it’s just business!

Here’s a summary of the main points of the book: The Theory Of Business Enterprise. It’s an interesting read and it definitely reflects the direction of our societies today. The video by Ray Dalio sums up the first few chapter of the book. Our entire society is turning into a giant business and everything is getting impersonal. [embedded content] Introductory Veblen’s main points: The … [Read more...]

A simple persuasion checklist [1/6]

Aristotle was the first person to study the art of persuasion. In his work on the Rhetoric, he broke down persuasion into three key elements. I thought that follow up well with my 2017 post where I said “just because what you say is real doesn’t mean people will believe in you.” According to Aristotle, for a message to be persuasive, it must satisfy all three modes of persuasion, lacking of one … [Read more...]

Book review: Talking to humans

23314559.jpg

This book is about entrepreneurship, and more especially, about what you should do before starting your business. It originated from a blog post, which received many comments and shares, and thereafter the author, Giff Constable, made it into a book. It is listed at 88 pages on Amazon. It is almost a required reading for many entrepreneurship courses in universities, and highly recommended by … [Read more...]

Who should you write for? [6/6]

That is a question every bloggers ask when thought about driving traffic to their site. If I write for myself I would not get traffic as not all readers are interested in me. If I write for audience then I might get some traffic but I would not enjoy it, hence it won’t be sustainable. Or maybe I should write for SEO, this way I could drive traffic from Google. But I might not enjoy it and … [Read more...]

Medium. [5/6]

If you have been following the news and have not living under a rock then probably have seen news speaking of medium’s recent layoff. The market sensing is that the platform couldn’t monetize successfully. However, I noticed a trend in Social media platforms these days which seems they have placed monetization at its early phase rather than take a “we’ll figure it out later” attitude. Snapchat … [Read more...]

Scaling Personalized Video [4/6]

5 min video is still too lengthy for someone to watch it all, I could shorten it to not more than 3.5 mins. I realized that since I’m targeting prospects of the same industry and criteria, I could scale it by splitting the video into two blocks. The first block is the introduction in which I would address them directly to make the prospects feel personalized, this has to be created … [Read more...]

Tools for Titans #33 : The Rule of 3 and 10.

Phil Libin is the founder of Evernote and its executive chairman. There is only one point in this write-up which is about the Rule of 3 and 10. Phil learnt this from Hiroshi Mikitani who is the founder and CEO of Rakuten. The theory is quite simple. If you build a company, expect everything to break every time you grow 3x or 10x its size. Actually as 10 is very close to 3 x 3, it's … [Read more...]

8 Investments To Beat The Time and Money Paradox

Time and Money Paradox Time flies. Do you remember playing soccer with your primary school friends like it was yesterday? Do you also recall the crazy DOTA and CS late night gaming sessions with your buddies? Somewhere during the phase of my life called “growing up,” I was told to study hard so I can eventually be “somebody.” According to the Father-Mother-Dictionary.com, the definition of … [Read more...]

A Simple Sales Process [2/6]

Weeks back I was creating Emails video where I would attach a link in it to a landing page displaying the video. The Email was highly personal and the video would highlight the problems and offer solutions to resolve it. Subsequently, I would follow up with an Email, SMS, Facebook msg and calls. It worked out well (I only managed to sent 5), I spoke to the party and they knew who I was – bare … [Read more...]

Selling via Fulfillment by Amazon (FBA) – Status update (Part 6)

Goods-1.jpg

You can read my previous post on Amazon FBA here (Part 5). So basically all the 3 products are completed by the manufacturers. 1. Product 1 (5 cartons). Well, the goods have reached Cincinnati, Ohio (US) and went beyond that… headed for Texas. I did not choose the 5 days air express option to save cost. So it would probably reach Texas near the end of the first week of Jan 2017. 2. … [Read more...]

5 Life Lessons Learnt From 5 Years of Business

5 years ago, I quit my job to head-dive into the world of business.  The director of my company discouraged me and told me that if he knew how hard business was, he would have never done it.  Upon hearing that, I got even more excited. “BRING IT.” That was the only thought in my mind. Few years later, I remembered those words.  And boy was I struggling.  But hear me out, there’s a light … [Read more...]