Sunday, August 05, 2007


BUSINESS EMPIRES. FACTS OR PERCEPTIONS?


Went all the way to Bandar Puteri Puchong last night meeting someone, a total stranger connected by a friend from Cat City.


After about touring almost the whole of Puchong, finally was led to his house by a friend of his.


A Filipino who was one of the founding Directors of one network company sometime back here in Malaysia with networks in the Phillipines, Indonesia and of all places, Iran!!! And when we always basked in our our own delusions, it was also another learning curve to meet some people in MLM that we never knew were making big money many times than us, with networks truly beyond just one country.


Anyway, if the luxury cars and very impressive banglow was to go by, this guy definitely has made some big money compared to most of us I knew. And he knew what he was talking about.


Alas, he showed me something that I have seen but in a very different picture. Here is a Company which has been in business for last 16 years, whose owner is a billionaire, where money is truly not an issue whith a vission of being another Amway of Asia (well we have in excess of 2.5 billion population, why bother about the US and Europe where people are less hungry?).


We are talking about a simple basic product, almost one of it's kind in it's class, patented worldwide. Within the last 6 months they have expanded officially into Singapore, Indonesia and The Phillipines with India down the pipeline.


This company is talking about going listing on Nasdaq in the near future. And this guy showed me how a simple equation of multiplying growth by 2 would lead to an income of USD60,000 within 10 months.


And so now, what is the magic equation of growing business empires? Is it just mere facts? It's still called vision and perception. Say what ever we like, perception is still reality. I was shown the facts about the business 6-7 months ago. But I was not shown the vision and my skeptism of the messenger and origins of the business was my complete blinkers!


What do we need in businesses of this nature? A strong product from a strong company financially with strong leafdership at the helm + the right leadership in the field with the right culture. I have seen it before. Helped made things happened but the immortals thought they have become gods! And so, at the end of the day, everbody lost eveything with even the founders losing all his fortune and the company.


Made a decision yet? Very soon. Coz as was claimed, some one has laready made in excess of USD10,000 a month over the past few months in The Phillipines. Don't swallow everthing, but it is worth taking with a pinch of salt.


Yours truly,


M.A.

KL.

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