Posts Tagged ‘values’

Can Money Buy Back Trust?

Thursday, January 24th, 2008 by Alan Yu

A person asked me recently where once myself and a few other people are successful in holding a specific individual accountable for lying and cheating people financially on whether or not the person can ever buy back my trust by financially compensating back more than the original amount. For example, it would be like someone stealing candy from a store and then having to pay for it while offering to pay more as well in an attempt to have a good standing record with them again.

My personal answer was definitely no to that. The one time so far where I can specifically remember where someone offered to financially compensate me to earn my trust again was actually for a job when I was younger. It was a pretty typical example too where I’m sure a lot of people have experienced as a person tells you how great you are and all that when it comes to work yet you find out that they are undercutting you in every way possible with some shady tactics.

Maybe it’s just me, but whenever people try to buy back trust with money especially after the fact that the damage has already been done that it usually feels like they are doing it to save their own face as oppose to genuinely changing.

For blog updates subscribe to our RSS feed.

The Moment of Truth Show

Wednesday, January 23rd, 2008 by Alan Yu

So there is suppose to be this new game show debuting tonight called “The Moment of Truth” as a lot of people were telling me about it. Apparently, the way it works is that contestants are attached to a lie detector and are asked questions that could be embarrassing and even damaging to reveal. By telling the truth, the contestants can win money.

“The things people do for money” I was just thinking as there will be a lot of unhappy contestants even if they do end up winning money. One thing that doesn’t make too much sense to me is when it comes to the questions, what would be the point of lying anyways as wouldn’t not answering something automatically show that you are being untruthful to everyone? May as well just confess and win money as the truth will come out when you think about it.

For blog updates subscribe to our RSS feed.

Forcing People To Fend For Themselves Financially

Saturday, January 19th, 2008 by Alan Yu

A person was talking to me about a segment that appeared on the Oprah show that talked about how there was a lady that kept borrowing money from her family members to live on and as a result everyone was then suffering financially. I did go to the website to read a recap of it and it was definitely a precarious situation. The lady who was borrowing money decided to do things such as buying a new TV instead of using the money to pay for her rent.

I actually knew a person who did something similar as he constantly complained he was suffering financially with no money to live. Sure enough, when he was given thousands of dollars from friends and family members he decides to blow it on high tech electronic gizmos and other unnecessary things just to go back to others again to say he needed more.

From what I read in the recap, it was kind of interesting as the way they were trying to get through to the person was to make herself realize and admit that every time she didn’t pay people back or say her bills that she was simply lying her way through life. Seems like it was to a point where it was implied that how one handles money is a reflection of their character in general. Unfair assessment? Fair assessment?

One thing that I read from the recap was how some people would look at your FICO scores for more than just money loaning issues. It mentioned that it could also play a factor in a person’s employment chances. That was kind of interesting I thought as I have never personally seen an employer request for such information. I personally have a score of 800+ for the longest time, but that would still be kind of weird I think to use that information for purposes other than credit issues and such.

At the end the family members decided to stop supporting the person financially and to let her fend for herself. That’s the only way to do it based on the people I have met who consistently rely on others financially. When you think about it, there is a difference between helping a situation and encouraging it to continue.

For blog updates subscribe to our RSS feed.

Celebrity Apprentice - Episode 3

Friday, January 18th, 2008 by Alan Yu

What an interesting episode this was. The task for this round was to create a mobile printing experience for the company Kodak on the sidewalks of New York. The teams were provided with an Airstream bus, Kodak cameras as well as printers to do so. The winning team would be decided by Kodak executives based on originality, brand messaging, and profit.

At the start Gene Simmons was asked by Donald Trump on whether or not he would be willing to lead team Empresario since they have yet to win a challenge. He accepted the challenge and as a result became the project manager for them. For team Hydra, Tito Ortiz was the project manager this time around. Donald Trump also had Jim Cramer, from Mad Money, as a special guest to help observe the team’s performances.

Similar to the last episode, Gene Simmons did not want to waste time talking to the executives. Instead, he sent Carol Alt and Nely Galan to do so while he focused on creating the visual presentation experience. The team created a very well designed presentation such as plastering the Airstream bus with the slogan and Kodak name. Nely Galan did not seem to listen to the executives very well though and as a result the information relayed back to Gene Simmons did not appear to be ideal.

Team Hydra did sit down with the Kodak executives to learn about the company’s product and direction. As a result, they seemed to be in tact with what would make the executives happy. They did experience a huge setup while Stephen Baldwin took photos of Tito Ortiz and Lennox Lewis on a table appearing as if they have been knocked out by the Kodak ink.

As they got off the table, all the weight caused it to flip up and it just happened that the laptop that had all of their art work had coffee spilt on it. As a result, they lost all the work on the computer and had to do a lot of last minute printing which made their presentation look very unpolished.

Team Empresario’s direction was to create a presentation revolving around a slogan of “It’s a Kodak world” where they attempted to highlight Kodak and its products. Team Hydra’s slogan was “The ultimate knockout experience” where they focused on Kodak’s new ink that enables people to print a lot more documents compared to regular ink in printers. Despite the poor presentation, in the end Team Hydra won as they did a better job conveying the message that the Kodak executives were looking for.

The boardroom got very interesting as it seems like a lot of people were more focused on getting rid of the people based on the future as oppose to the task at hand. Virtually every time Trump asked people on who they would fire the answer would be completely unexpected. For this boardroom session, Trump really wanted to fire Nely Galan and kept hinting at it.

When Trump asked Gene Simmons who he would bring into the boardroom, at first he asked if he could bring just one person and Trump agreed. Simmons mentions that he wanted to take Omarosa based one’s loyalty and Trump was just in shock. Now usually in past shows if the person made a strange request Trump would simply fire the project manager. Instead, he insisted that Gene Simmons choose another person as well and he then chose Jennie Finch.

To me, it looked like Trump really did not want to get rid of Gene Simmons or Omarosa for that matter. In the end, Trump mentioned that he didn’t really have a choice and had to fire Gene Simmons.

This was such an interesting episode especially with what happened between Trump and Simmons. I really liked Simmons’ talk about focusing on loyalty in people and how he was willing to stick to his final product to the very end. While it definitely wasn’t the best choice strategically if the objective was to stay in the show as focusing just on the task would have most likely resulted in Nely being fired, he was a very admirable business person there I thought. Makes me want to learn more about his background.

On semi related note, fellow Vancouver blogger and frequent reader Stewart Marshall actually works for Kodak and he informed me that before the show aired the staff at Kodak received a memo about the show encouraging people to watch it. He has made a post about it too with some behind the scene links and you can click here to read it.

For blog updates subscribe to our RSS feed.

Think Big And Kick Ass In Business And Life - Chapter 10

Thursday, January 10th, 2008 by Alan Yu

This was the final chapter in the book and of course it was titled “Think big and kick ass in business in life”. For the most part it was mostly a re-affirmation of what has been said with different stories.

One thing that I thought was odd was that there were a lot of pages near the beginning of this chapter where Trump talks about how many women he has been with as well as diving into topics such as what attracts women and so fourth. It felt completely off topic especially with lines such as “So guys, be cocky, confident, smart, and humorous and you will be able to get all the women you want”. Felt more like reading a book of “How to be a player 101”.

Although, I believe the intent in writing those parts was to demonstrate how in life attitude plays a large role on how others perceive you. He then talks about how if you are thinking big in life that you should say also own expensive and high end clothing to project to the world that you value quality.

I can easily see people interpreting that in a surface level way though which usually causes people to kill themselves financially. Speaking for myself, everyone who I have personally met who does that usually aren’t too well off financially with the ones who can speak for themselves are usually the ones who are better off financially.

The rest of it talks about having the right will, courage and determination to see things through to the end. At the same time, he emphasizes the importance of how if you want to succeed then you need to surround yourself and make friends with like-minded people as oppose to say people who are always negative and complaining to others about problems. He even says that you should discontinue contact with negative people as they will only drain you.

He then wraps it up by re-emphasizing that in the world there will always be obstacles forced upon you in your journey to success such as greedy professionals who will want to take all of your money or people who are willing to lie, cheat and steal from you. You just have to be prepared to find ways to keep going.

That does it for this book. I’ll be writing my final thoughts on it overall.

For blog updates subscribe to our RSS feed.