Business and Money Tips

Imagine the God of Fortune comes to your house. The Chinese believe that if you work hard and are positive, you'll get wealth from this God of Fortune. When this deity comes to your house, he offers you 2 choices: an abundant supply of gold and American dollars; and, an oil well. My choice is obvious: I'll still prefer an oil well. Even now with oil price slumping to the twenties and everyone is pessimistic about oil, I'll still prefer an oil well than gold and American Dollars. This is because an oil well is not just about oil. An oil well is about a stream of income . Even if the income is not high now due to the market cycle, the cumulative effect of the income is more than anyone can imagine. Furthermore, the oil well is giving me passive income , and unlike gold and American dollars, the income just come without me working or asking for it . And with the passive income, I can buy whatever amount of gold and American Dollars as I like. Isn't this the best o...

Most companies like to engage sales trainers when they find that their sales are down. They think that with sales training, their sales will increase. The reality is far from this. As we know, when sales are down, the number one reason is lack of competitiveness , not just in the local market but in the global market . Just look at the dismal sales of Microsoft Lumia, Motorola and Blackberry now and you'll know what I am talking about.  So the first thing to do is to improve your competitiveness. Need to look at the following 7 things: Is the company's pricing structure competitive? Are the sales team adequately compensated for their efforts , not for the company's efforts. For example, if they work more, do they get to earn more NOW, not 12 months later Are the sales support team happy ? Often the sales support teams are low in motivation, that's why they cannot support the more aggressive sales team. As a result, sales are below par Is there a sales mana...

Other than the usual fixed training fee, we at AsiaTrainers also do Profit Sharing training. This means that our training fee is a percentage of the increase in profits derived from our consultancy and training. There is thus zero risk to you as there is no cost until our consulting and training prove to be useful in creating additional profits for your company.  This is how this works: We brainstorm with you the key reason for your current sales to be below expectations We identify the strategy to increase sales . This also includes reviewing the pricing structure, compensation plan and product positioning We will help you make adjustments to the above, but no adjustment to be made to your existing salespeople and headcount Together with your sales team, we work out the one-month, 3-month and 6-month action plan to increase sales We train your salespeople to help them achieve the above plans.  Your sales team work to execute the plans After every month, we will ...

As you may know, I seldom see fortune tellers, but this guy was highly recommended by my friend, and I just saw him today.  After some soul searching questions, this expert revealed to me the answers that I have been looking for in the past whole year.  I asked this soothsayer what he prognosticate for me in the 5 key areas of my life and these are his answers: Money This year I have the chance to make more money than last year. However, I must be alert to take advantage of opportunities quickly or they will be gone. Furthermore, I must work hard, but not too hard or I will missed opportunities. As this year (2016) financial markets will be down, I must invest my hard earned savings into instruments that are safe, like REITs that offer quarterly dividends exceeding 5% per annum. Lastly, I must know how to donate money, for the more I donate, the more I have. Career and Business:  Things appear to be challenging in the short term, as the world economies are not l...

Many managers and leaders, in their attempt to coach their people, often end up scolding or de-moralising them. If you are doing any the below 10 things, you are not coaching, but merely de-motivating people: Asking "What's wrong? " in a questioning tone Saying, " Let's talk" and look at them in a demanding way Offering your help , "Just see me any time you have problem" and then make yourself unavailable when they seek your help Asking Yes or No questions like, "Are you still in?" instead of asking questions that open up possibilities like "How do you find yourself inside this picture?" Becoming an expert and start giving advise before they ask for it Impatient, look at targets and nothing else Look at the negative side of things, like, "How come nobody volunteers?" and then start appointing people instead without giving people time to respond Picking up losers as examples Picking up winners as exam...

What are some things that hold people back from being successful?  originally appeared on  Quora  -  the knowledge sharing network where compelling questions are answered by people with unique insights . Answer  by  Rebecca Massey ,  who quit a 'safe, reliable' full-time job to be a writer , on  Quora : When I quit full-time work to spend more time writing, the number one thing people told me was "That's awesome!" The number two thing -- and it was a  very  close second: "I could never do something like that," and its common variant, "I want to do something like that, but..." Not very long ago--less than two years ago-- I never could have done something like this, either.  What changed? What made the difference? The problem isn't money, or know-how, or knowledge, and for most people, it also isn't time. The problem is fear. Fear that you'll fail . Fear that everyone will think you're stupid or crazy. Fear of the dif...

We at Asia Trainers believe that you too can learn master Tzu Sun Art of War secrets with just two hundred dollars. This is because we take the essence and compile them into a 4-hour course that will leave you with just enough materials to lead your team to greater heights. Since October 2010, we have trained over 1,137 leaders coming from countries including Hong Kong, Japan, Myanmar and even China. The most valuable lesson out of his 13 chapter of 5,000 words must be found in the 3rd chapter: Win Without Fighting. As translated from The Art of War: Generally, in war the best thing is to take the enemy state whole and intact; to ruin it is inferior to this. To capture the entire army is better than to destroy it. Hence, to win on hundred victories in one hundred battles is not the acme of skill. To subdue the enemy without fighting is supreme excellence. In short, win without fighting is the best. How does it apply to your sales? "Enemy" here refers to not your compe...