Business and Money Tips

(Written on 21 March 2020) Straits Times Index: Current 20 March 2020: 2,410 2007 high: 3,805 1998 low: 1,084 2003 low: 1,203 Imagine if STI drops by 40% from its high of 3,805, it will be 2,283.  If it drops to in between 1998 low of 1,084 and 2003 low of 1,203, it will be 1,143.  This level is 70% below 2007 high of 3,805.  As this is highly unlikely, a more reasonable drop will be 50% from 3,805 high.  This is because the STI component stocks today are of much higher quality than the low of 1998 of 1,084 so unlikely there is an all-out market crash. Also understand that today's stock market crash is not caused by financial, economic or war crisis but a pandemic health crisis.  Also, this pandemic health crisis is very weather-driven, once the weather turns hot, it will not be pandemic. Also, vaccines are being developed, and one could be available as early as May 2020.  Note that the financial markets today, including the banks and companies, are much stronger than

We have all heard of DISC, MBIT, VAK and Enneagram profiling, and sales trainers will teach you how to sell to different people based on such profiling.  Such profile selling methods are effective, but they entail too much work and many people don't like to answer questions or want to be profiled.  Today let me share with you a newer and faster way of profiling: mobile number profiling.  This method does not require people to complete any questionnaires.  In fact, people do not even know that they are being profiled.    This  Mobile Number Profiling  is based on old Yijing (or I-Ching) of Yin and Yang and the 5 Elements. Each digit represents different elements as follows: 1 = ridge water, 2 = earth soil, 3 = earthquake wood, 4 = obey wood, 5 = central soil, 6 = sky metal, 7 = exchange metal, 8 = cultivate soil, 9 = far-away fire and 0 = central soil When we combine the digits, eg 12, the meaning can be positive or negative.  A typical mobile number of 8 digits can have

Article dated 19 March 2020 With the Covid-19 Pandemic continuing for another year, many businesses are already closing down or shut down. It looks like every trade, from large machines to cheap stationery, is affected. People are wondering what businesses are not affected by Covid-19?  Note that if your business declines by 20%, it is considered not affected. 'Affected' means a decline of 50% or more. The following are the 5 industries that are not only not affected, but also get more business.  All other businesses will no doubt get affected .  The 5 industries that will see a rise in business are: Health: Healthcare service, healthcare supplies, healthcare equipment supplies, healthcare manpower and healthcare supporting industries and services Wellness : as people are more concerned about health and wellness.  This includes TCM and healthy food and water Trades that reduce uncertainties , including religion, fortune-telling and those catering to the inner soul

People change their existing mobile number to a new one for the following 5 reasons: They are being stalked/harassed by someone who knows your phone number. Their phone number is on a database of “potential customers” of many companies and they are being bombarded with “special offers” from telemarketing agents every day They change job and had 100+ people that still contact them for topics about the job you quit, or they don't want their old colleagues to contact them anymore Their number is a recycled number that belongs to people in a troublesome situation, like owing money to loan sharks or any of the situation above They are sick and tired of their life and want to change their luck.  They know that changing mobile number is a low-cost, quick and effective way of changing their fortunes. 

Prolonged Hard Times? 2019 was the year that ended with a large slowdown in the world's economy due to the ongoing trade war and Middle East unrest. Few people expect 2020 to be so much worse than in 2019. With Covid-19 now spreading to the rest of the world, the world's economies are now almost hitting 20-years low. Many people expect the hard times to last until August. So does it mean that we have to endure another 6 months of hard times? What can we do other than mon itoring the new Covid-19 cases every day and getting ourselves prepared? People say we should make use of the slack now to go for training. Can a person go for training for 6 months? If you are self-employed or in business, can you survive without an income or earn low very low income for another 6 months? If you too want to know what can you do in these hard times, come for our FREE talk. You'll find out how can you change your fortune and start earning income EVEN IN THIS HARD TIMES. Seminar:

Sun Tzu in the Art of War followed what Han Feizi said, "In war, there is no limit to deception" and said, "All War is about deception".  Indeed many people view deception as a low level and unscrupulous way to win.  They say that only dishonest people will deceive.  Is this true? If you were to read the Art of War carefully, you will realise that Sun Tzu advocates no war , and he preaches that war is expensive, and we should resolve problems through winning with no war.   How to win with no war?  It is to let the opponent know that he should not fight with you , for you are much stronger.  Isn't this deception?   Also, Sun Tzu said in the first chapter that the 5 elements are important. Among the 5 elements, Dao or Purpose is paramount.  Our purpose of deception is NOT to deceive the opponent to win over him but to not let him know  our true situation .   In this way, we can avoid war.   There are six common ways to not people know our true situ

Many people don't know the difference between WeChat Group Chats and WhatsApp Group Chats and the following are the 7 ways people use WeChat Group Chats wrongly: Never participate .  Some people join Group Chats is to add the people inside as their WeChat friends.  They never participate in anything inside the group chats, not even introducing themselves when they first joined the group chats or saying good morning Say Good Morning every da y.  It is irritating to see so many good morning messages inside group chats every day because it takes up space and people join group chats is not to read such messages every day.  If you do, you are telling people that you have nothing better to contribute other than saying good morning. Sell immediately , either in the group chat or individually to the people inside the group.  This makes you liable to be reported or deleted as a WeChat friend Send long messages and long videos that have nothing to do with the purpose or theme of the

Practical WeChat Marketing 94 Ways Book by Andy Ng Total in 100 pages (17,286  words) The special Launch price of S$9.49 for the eBook and S$29.49 for the hard copy.  For 2 hard copies,  it is $19.49 per book. To order, text to me Andy at 93672286 or email to andythecoach@gmail.com  Prologue by Author: WeChat Marketing: Market to Who? Chapter 1:   It All Starts with Your Me Page Chapter 2:   What Are You Up to in WeChat? Chapter 3: Hey, I Cannot See You. Where’s Your Moments Album Cover? Chapter 4: Location, Location, Location Chapter 5: Who are You If You don’t Self Introduce Yourself? Chapter 6: Have a Hard Copy of Your WeChat QR Code Chapter 7: Who are the People Nearby You NOW? Chapter 8: Edit Your WeChat Friends and Set Tags for Them Chapter 9: Post Your Life’s Moments Chapter 10: Set Moments Options Chapter 11: Starred Your Friends to Remember Them for Life Chapter 12: Make Your Friend Sticky on Top and You’ll Never Miss them Chapter 13: Set Chat Backgroun

Search on Google today for ‘WeChat Marketing Book English’ and it is hard to find one.   Indeed, it is surprising to many, because Weixin, has been around since 2011.   Weixin was renamed WeChat when it was made available internationally in 2013.   To date , there are 1.15 billion WeChat users in the world in 21 languages.   About 10% of the users are outside China, so this amounts to 115 million international users .   You may say this 115 million is small compared to the billions of users of Facebook, WhatsApp and Instagram.   Compared to Twitter and LinkedIn, WeChat international users are relatively small. Since we are NOT in China, why bother about WeChat?   Can we just focus on the other social media tools where the reach is much wider?   Indeed, this has been the question that people often asked me.   “Why bother to market on WeChat when you have other better choices?”   was the question asked by one director from a large government body in Singapore. The que

Combining Message, Broadcast, Moments and Group Chats We know that WeChat has these four simple but very powerful tools: MMBG or Moments, Message, Broadcast and Group chats. Moments: At the Discover page, similar to Facebook’s Newsfeed. It is social media sharing. Broadcast : Message Broadcast, similar to WhatsApp message broadcast, is a one-to-many messaging tool Message : Your one-to-one messaging tool Group Chats : Your one-to-many sharing tool On their own, these four tools are powerful. But when you combine them, their reach is scary . This is what I typically do: 1. I post a touching story in Moments and ask my friends to share it too 2. When this Moments post gather more than 10 likes, I screenshot the page and share it in my Group chats, asking the group chat members to share it 3. I also do a Message Broadcast to my contacts and get them to like and share my Moments post 4. I also send individualised messages to my friends, asking them to

M any people know that I Andy Ng am a WeChat Trainer for years. Inevitably many ask me to help them unblock their WeChat accounts. Every day I receive easily 5 to 10 such requests from all over the world. In fact, one guy called me today while I was holidaying overseas and wanted to pay me US$200 to urgently unblock his blocked account.  I , of course, would like to help you unblock your WeChat accounts, for a fee or for free. BUT I CANNOT HELP YOU UNBLOCK YOUR BLOCKED WECHAT ACCOUNT. This is because I already exceeded my unblock quota of 3 a year. Yes, the quota is only 3 unblocks a year. You have to look for your other WeChat friends to help you unblock your account. If you don't know who are your WeChat friends, you have to look for your close friends to help you. This process may take you as long as a week or a month. NEVER ASK STRANGERS TO UNBLOCK YOUR WECHAT ACCOUNT. This is because you are exposing yourself to dangers as that stranger could make use of your situation and

As you may know, I have been in business since the age of 5. Since I left my last employer in the year 2001, I have been running my own business in training and consulting for the last 19 years, out of my total 32 years of working experience.  People inevitably ask me what is a good business that you should get in.  Here are my 6 criteria: Everyone is a potential customer. You don't want to do business where you have to hunt and select your customers. If everyone can be your customer, you don't need to select any more. There are also very little selling and marketing needed.  Don't depend on selling to friends .  It's more complicated to sell to friends, and no matter what, no one has limitless number of friends. You want to be in a business where you can sell to anyone, anywhere and at anytime Your product must be affordable to the masses .  The current business I am in involves an outlay of only S$149 or US$127, which is considered affordable in today's c

s Everybody that is anybody has a mobile phone.  Everybody has at least one mobile phone number in their lives.  Some people said that our mobile number is not important as nobody remembers it anymore. Everyone uses address book on their mobile phones to look for anybody, including their loved ones and people that they see and work with every day. So whether your mobile number is good or bad has little effect as you don't even know it, righjt? Well, we all know that knowing something is not important. What is important is what NOT knowing will affect you .  If you think that your mobile number is not important, your mobile number will still affect you.  Imagine having a mobile number that is used by terrorists or criminals, the police will come after you, even though you don't know about it, right?  So is it fair to assume that our mobile number is important, even though we may or may not know about its importance?   Let's look at Yijing, the oldest Chinese classi

WeChat Moments, No Ordinary Moments ●        WeChat Moments is our social media page where our WeChat friends, and only our WeChat friends and not everyone (unlike Facebook and Instagram), can see what we post.  ●        WeChat Moments is like your Facebook News Feeds, just that the readers are restricted to people that you have added as your WeChat friends, and not everyone as in Facebook.   You can post up to nine photos or one 30-seconds video in your Moments.   WeChat Moments also accepts posts that contain text only without any photos.   Hyperlinks and url shorterners are allowed. (To post up to 30-minute long videos, create your own 'Channel' inside WeChat'.  "Channel' can post up to 30-minute long videos, and you can post such videos into your Moments) ●        According to the company Tencent Holdings, 75% of WeChat users look at Moments every time they open up WeChat.    This amounts to 750 million people every day.   So if you don’t post in M