Have you heard of the person and company named Bloomberg? If you watched most news channels, the word Bloomberg needs no introduction. Michael Bloomberg, the current mayor of New York City founded a financial software company known as Bloomberg L.P. in 1981. The company offers financial software tools such as analytics and equity trading platform, data services and news to financial sectors in virtually every country in the world. Since then, the company has grown to include a global news service, including television, radio, the Internet and publications. Our guest contributor, InSpir3d, owner of a famous Singaporean blog summarizes the three simple lessons for entrepreneurs and businesses from the Bloomberg by Bloomberg autobiography.
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So, the fifty million dollar question above will start to get most of us thinking. Oftentimes, we lament about our situation. Is it really true that we are not ready to make a company like YouTube or Skype in Singapore? How far are we from seeing the first successful company in the web 2.0 era? Our resident contributor and co-founder of Entrepreneur27, Justin Lee talks about the pros and cons on jumpstarting a success web 2.0 (not 3.0) story in Singapore and compares the infrastructure between Singapore and Silicon Valley. Read more
While working on a business, an entrepreneur may have to create partnerships with other people or companies for different purposes. Our resident contributor, Der Shing, one of our resident contributors and a local entrepreneur, presents a basic guide to provide some advice on how to pick, manage and leverage partnerships. Read more
The Virgin Group Ltd is a group of separately run British companies with the Virgin brand under the leadership of English celebrity business tycoon Sir Richard Branson. The core business areas are travel, entertainment and lifestyle, among others. We are honoured to have our guest contributor, InSpir3d (owner of a very famous blog in Singapore) discuss the corporate strategy of the Virgin Group on our blog. Read more
Of course, if you look at the top 100 brands last year in Business Week, none of the Asian ones was on the list. Branding has only just begun in Asian business culture. Our resident contributor, Der Shing, one of the winners in the Spirit of Enterprise 2006, will discuss the importance of branding for startups and how to sustain the kind of branding not just by setting up a portal alone. Read more
CNA reported that Prime Minister Lee Hsien Loong indicated that the hike in the GST will likely come in a one-off adjustment. The government is also seriously looking at increasing the employer’s contribution to the Central Provident Fund.
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An article “Pyramid-like investment scam hits S’pore” penned by Chow Penn Nee, TodayOnline, 24 Jan 2007 talks about some recent investment shams that hit Singapore. One important piece of information which we want to propagate is a list compiled by Monetary Authority of Singapore MAS) called the MAS Investor Alert List (IAL), which gives a detail list of companies that may be conducting activities not regulated by the MAS. We provide some excerpts of the article about how these fake shams crawled their way into Singapore. So be warned. If MLM is not enough, these investment shams are even worse. Read more
After Alvin Sim’s take on the naked truth about multi-level marketing (MLM), we received an interesting contribution from Christopher Ng Wai Chung, author of “Growing Your Tree of Prosperity”. We are privileged to have a glimpse from chapter 3 of his upcoming new book, “Harvesting the Fruits of Prosperity” which talks about some of the social ills that will deter you from building your economic wealth. Not surprising, MLM is one of those and Chris will tell you why it is related to the famous German philosopher, Immanuel Kant in a nutshell. Read more
Yesterday, it is announced by MM Lee that the corporate tax for Singapore will drop by at least 1% soon in order to stay competitive against Hong Kong. We collect a few news clips for our readers as a corporate tax cut will be helpful to small medium enterprises. Read more
Most MLM marketers (MLMers in short) are self-proclaimed entrepreneurs by their definition of “Not working for others”. True to a certain extent, it’s no wonder the entrepreneurship failure rate in Singapore is so high. Alvin Sim, the CEO of Exoro, offers his opinion on MLM and explains why it is not helping the entrepreneurial scene in Singapore.
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