July 19th, 2014 by Alan Yu
I was doing some research on an individual recently where not too long ago I know for a fact she was provided with a lot of help and support to try and get back on her feet financially as it seemed like she kept getting herself into businesses that ultimately don’t work out. Not surprisingly too, virtually all of these businesses have a buy in fee of some sort.
What surprised me in this situation was how many of them she was trying to do at once. Her justification for it was kind of interesting as she was expressing how a lot of people say that to succeed you need to fail. So if anything trying all these businesses is simply a way to fast forward your chances of success. I personally think this is too lottery mentality. If you are going to try running a lot of different businesses then I would think you would have to have them on auto drive. I don’t think anyone is crazy enough to try and work at two jobs for example where both businesses require you to physically be there from nine to five.
I agree with the notion that you have to get over your fear failing so that you are actually doing something, but at the same time that means giving it our all too to try and make something successful. Treat it like your baby I guess is the best way to put.
July 18th, 2014 by Alan Yu
This was funny I thought as I am in the midst of working on a fun project with a person where we felt that doing some pre-production planning would help a lot in terms of deciding exactly what kind of angles are needed for a film. While there are options such as using expensive software specifically for this purpose, he mentioned that he could use this free video game where you can create objects and record video as if you are a camera and use that as a reference.
As silly as that sounded, it actually works for what we needed. Many times when you think about it, a lot of our tools and resources can be used for more than what it is labelled for. In fact, sometimes there are items that are literally the same thing but are labelled differently for marketing purposes. I’ve seen things as silly as regular batteries simply saying “for use with” certain products and businesses sell it for a premium price as a result.
These are the types of things that usually a child would have an easier time with when it comes to using things for other purposes than intended. Sometimes we all need to think like that.
July 17th, 2014 by Alan Yu
I saw an interesting scenario today where there were a group of people who had to essentially sell themselves by first saying their name and something interesting about themselves. Most people did the basic such as saying their name followed by some kind of funny experience they had. One person mentioned that they actually had a lot of prosthetics and the whole room just kind of went silent. It was a shocker as typically it is fair to assume that they have to work way harder to be on the same level as everyone else.
Just kind of makes you think that what people would normally view as a negative for themselves can be a good positive to make them stand out business wise. Doesn’t everyone like a good comeback story for example? People often say that whenever you are trying to market anything that you need to find a way to stand out. Many times we don’t have to look any further than all of the unique situations we all had to go through even if they aren’t pleasant.
July 16th, 2014 by Alan Yu
Recently for a rewards program it was time to redeem my annual bonus as a result of me purchasing enough products from a company to qualify for a special bonus. While usually it is a unique novelty or collector’s gift of some sort, this year they decided to simply allow people to acquire existing products for free. The thing here was, the catalog of rewards they presented didn’t really interest me much. What would you do in this case?
My default answer is usually to just get the most expensive item on the list. That at least makes it feel like you are getting the best value or if you decide to simply sell it at where least you are doing it with the item that has the most financial value. It’s long shot as well, but sometimes it doesn’t hurt to ask if the company is willing to substitute the prizes for something else.
This is why many times too you shouldn’t buy things specifically for reward points only as it could just end up costing you money and a room full of things that you don’t need or want.
July 15th, 2014 by Alan Yu
There was a nice story published today about a person who needed money for an expensive medical procedure and first tried to raise the fund through crowdfunding on a site called http://www.youcaring.com. In a surprising twist, it was mentioned in this article at http://ottawacitizen.com/news/local-news/donors-128000-gift-offers-new-hope-to-kanata-woman-with-fatal-disorder that an anonymous benefactor had read her story and decided to give her an envelope that contained a bank draft for $128,000.
As evident, the person did not want to be identified in anyway. This got me thinking, if an anonymous benefactor came into your life to rescue you financially would you actually work in trying to identify them? I was thinking about this and while it’s one of those curiosity things that drive you crazy if you don’t know, I think in the end it’s better that you don’t. By not knowing I think it makes you more generous and appreciative of life.
Odds are you are probably more likely to help others as well. They say money doesn’t bring happiness to people, but if used in these ways whenever possible it sure creates a lot of joy.