The Learning Performance

In this time of troubles, keeping businesses afloat is invariably the only thought most businessman has in mind. How to survive through lean time? This remind me of the so-called good old days. The good old days were good:- great in fact as compare to these days. I remember the mid 90s to even early year 2000. We were not worry about not having business, we were worry about anything less then 30% margin. You remember those time?

But like everything else, good times do not last. I believe that time has changed, and the way to do businesses, or to run businesses, is vast becoming an art of science, with myriads of technology thrown in, and thus substaintally different from, say 20 years ago. What I meant is this. If you think you can do the same thing today as you did 20 years ago and think that still work for you (yes 20 years ago you might have made tons of profit doing that ways), then you are into a rude shock.

It is just not going to work anymore.

It is a matter of math really. 20 years ago, your profit margin might be say (conservatively) 30%. Nowsaday, in most industries, that has been slashed down to 5% or less due to intense competitions. A wrong decision that swings margin of error of 5% would not have done much damage when margin is at 30%, but would immediately put you in a lossing proposition at margin of 5%. You can't just take thing for granted anymore.

Each step is full of unseen traps that could trip you and send you to oblivion. Just look at those failed American companies!

So what do you do?

Let start with a mindset change. Trust me, gone are the days you can start a business in the garage and becoming like Bill Gates or Steven Job.

Equip yourself with tools and technology available and leverage those things. To do this, you've to be open minded. Unlearn, and Learn. Learning is a life-long process.

Move ahead. Like standing along a railway track, if you don't move, the train will pass you by.

What does it mean. It means:

This is the e-commerce website I've been busy with for the last 4 months. It was finally launched first week of October. Malaysian Breath Centre is the firts such centre in Malaysia to treat bad breath of halotosis. This website provides information bad breath, what it is, what it is not. The clinic (now located in Kota Kinabalu, Sabah) offers bad breath treatment program, products to treat bad breath.

If you think you have bad breath and as a result, you love life or career suffers, do take a look at this website. It is all you need to know how to handle this personal care problem.

Sometime it is a touch of privilege to be involved in a consulting engagement that is entirely in different industry:- in this case Italian food business. IL DIVO RISTORANTE ITALIANO is located in Ampang (see url link above), and the Director called me in to help in putting the business into gear, and being profitable. It has been three months, and we've put in place a system to ensure smooth operation, improve services delivery, improved products, and capture data to know how the business is doing. And most importantly, free up the owner to do what he is best at:- cooking execellent Italian cuisines rather then botted down with paper works! Still have a bit of work to do, but we're on our way.

It has been fun. Do drop by to the restaurant. The food is great. Your host Vincenzo, a typical flamboyant Italian, with his booming voice is a fun guy too.

The sessions was held on 23rd, 24th & 25th October with a customer all the way from Johor. We take care of all things possible, including coach transfer. It was great to see that the Team benefited tremendiously from the 3 days session.