However Mr Roslan was at the door and I thought people were still eating but the session already started with Mr Mubarak Salim’s presentation on Accounting systems. Darn I need to know that stuff too..

However I did not miss the best part which was the presentation by Bro Niaz Shah from I-Free Capital Pte Ltd. Masyallah, I was quite amazed with his achievements and what he has achieved. So you see we do have very successful Malays only that you’ll be able to see them only at such events. Ooh by the way we didn’t have live streaming this morning due to some problems the last two weeks. Insyallah it will be back for the last Kenali Diri session if the Team agrees.

Back to Mr Niaz session. One thing I learn from him are these new terms OPM, OPT and OPC. I’ve heard of OPM many times but I have not heard the other terms yet however most of us actually know this already.

Well its Other People’s Money, Other People’s Talent and Other People’s Connection.

Usually I would always use the word NETWORK now I can use this 3 letters – OPC.  So an Entrepreneur should always know how to use this to his/her advantage.

How then can you use other people’s money. Well for a start if you have a good business plan and good revenue model, certainly you can obtain fundings from investors. Another way is that if you know how to leverage on Government grants, you can tap such grants to your advantage. Even borrowing from Bank is actually leveraging on Good debts to run your business. So there’s many ways to do this. You have to think about it though.

Other People’s Talent. Well to me I think this is the hardest component to crack and manage. Cos good help and talent does not come easy and neither does it come cheap. 

Other People’s Connection. Well this was what I tried to write about the Networking part which failed entirely cos of the lack of time. However this is crucial to learn because it is through other people’s connection which we can get more friends and insyallah even strike more business deals.

Great advice from Mr Roslan. An experience businessman in the Shipping industry and co-owner of 6 businesses.

Do watch the video above.

This video was shot last week during the SMCCI Talk.

Because you do not know the answers, it doesn’t mean that you cannot find out what they are to help you solve your problems. So the first step is to get out there seeking the right information and talking to the right people.

This week we have 3 more speakers. 2 from the Banks and 1 from the Medical Industry.

Details can be found @ www.islamicevents.sg

We will also be broadcasting this event LIVE on the web. Do watch this channel -> http://www.islamicevents.sg/live.php

At the end of Chapter 8 of this book. Donald said this..

You may have not the money at the moment and conditions may not be ideal, but that doesn’t mean your mind can’t be working on your ideas and paving the way to a better future.

In other words let’s stop saying that we can’t do this and we can’t do that. Once you have that intention start planning and take the necessary actions to reach that goal.

Maybe right now we don’t have the money to start our dream business or investment due to the recession and so on. Does it mean we cannot invest the time to go for courses that can take us to reach that goal of ours?

This actually reminded me of Dr Irfan’s article where he set a goal that he would invest in properties ever since the last recession. 

Dr Irfan Khairi

Bagi yang takde simpanan, jangan dijadikan alasan untuk tidak buat apa-apa. 10 tahun lalu ketika krisis ekonomi, saya sendiri pun takde wang dan tak boleh beli sebarang rumah. Duduk pun di flat takde bilik! tetapi, waktu itu, saya kata pada diri sendiri, krisis ekonomi seterusnya, I must have money to buy houses!

Jadi, 10 tahun lepas, saya “melepas” daripada mengambil tindakan kerana takde wang. Tidak lagi sekarang oleh kerana saya telah sediakan diri untuk mengambil peluang ini.

Taken from 

http://www.irfankhairi.com/blog/tip-kewangan/waktu-terbaik-untuk-melabur-pada-hartanah/

Translation:

For those that do not have the money, don’t make it an excuse not to do anything. 10 years ago when the economic crisis took place, I had no money either and couldn’t buy any kind of home. I lived in a one room flat with no any room but at that time, I told myself that in the next recession I will be buying Houses.

Long term goal Chart 

What is our long term goal chart. Get to know how to get it and set a date when you want to get it.  I’ve attended a course called Quality Leadership Managment for two days in January. The Indonesian trainer said, “To be successful, you need to know what you are doing and where you are going. So come out with a 5 year plan”.

So if we were to set an intention to invest in properties within the next 5 to 10 years. Can we save the money now. Find ways to be able to afford the properties and eventually be able to do what we set to do.

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Its not impossible.

If YOU want it GO get it. Who is stopping your right now? The only person that’s stopping you is yourself. So let’s set the plan.

This may sound very weird to you but what this got to do with the subconcious mind. Well you know sometimes ideas kind of evolve in the Bathroom when the warm heated water strikes your head and somehow you started thinking.

I have a habit of brushing my teeth and staying under the shower. I do it both at the same time. And yes when you start brushing your teeth and when these ideas comes right, you will realise that you while you are thinking of those fantastic ideas, your hands are still moving the brush.

This is where we kind of tap our SUB CONCIOUS mind. You know how to brush your teeth anyway and your hands are actually not controlled by you anymore. And when you do this, your focus is on the ideas no more on brushing but somehow because of that you end up brushing more. Like I said you are not controlling your hands anymore. It kind of move on its own and the more you brush your teeth gets cleaner right.. This is when the subconcious somehow knows what to do and it just moves while you are thinking of something else.

I don’t know about you, personally I don’t have a regime in brushing. Regime meaning you have a standard way of like brush the lower teeth first then upper teeth. I believe most of us just do it lah. Does it matter where we start as long as all the parts are brushed it should be clean right.

So yeah moral of the story when are you brushing, start day dreaming or brainstorming. You end up brushing more and you get a cleaner teeth!! haha..

Ok back to the subconcious mind.

Basicly its a mind programming thingy, where its like embedded and install in you. You no longer need to control it, you just initiate this and it goes autopilot. 

If you drive, you would have experience this before. When you are learning to drive, it was always hard to control the clutch and find which step is the brake or the gas but after a while you get familiarise with it and sooner or later you don’t even need to watch the steps anymore. Many times on the road, I would kind of think of something else but still my hands and legs are controlling the car or bike. I know this is not a good thing cos you are not focus. What I’m trying to say that this happens to everyone. 

This happens not just to driving, riding a bike, even typing on this keyboard. So what exactly happens? Have you ever thought what really happens? 

I believe someone out there would have theorised these concepts. I’m not a professor or anything so I cant go into details these Brain and Mind functions. All i know such a thing can be done with practise. 

With enough practise and education, the mind will itself be programmed to perform such action on AUTOPILOT.

That is how habits are being picked up. Habits are the result of the ideas programmed to your subconcious mind.

What’s your view on this or have you thought about it?