Category Archives: Entrepreneurship

Pigs or Chicken? The Ham and Eggs Breakfast Story

Pig or ChickenNope. This is not a dietary advice nor is this a dissertation on eating habits.

This is a business thought, one that a would-be entrepreneur should heed in choosing a partner or an investor. Very much applicable for those who are intending to put up a relatively high-stake, high-risk venture.

I picked this up from a book I recently finished reading —“The New New Thing” by Michael Lewis. I wanted to get this book when it came out of the press in 2000. When it did, it became a New York Times Bestseller. When I was in Singapore last year, I saw the trade paperback reprint of the book. I thought of getting it, but had to hold myself back as it was much more expensive compared to getting a copy here in our good ole bookstores (yep, books come out cheaper here in the Philippines).

Anyway, to the gist of my post…

In the book “The New New Thing”, which was an account of Jim Clark’s celebrated life as a technology entrepreneur. Jim Clark is the legendary founder of three multi-billion dollar companies in Silicon Valley, namely: Silicon Graphics, Netscape, and Healtheon. He is often regarded as the one person who “rewrote the rules of American Capitalism” and who is, thus, credited for making the Internet IPO boom possible in the 1990’s.

Clark had an uncanny ability to spot the new new thing out of the conceptual clutter. And as soon as he identifies an opportunity, he moves onto the task of building a business around such. His ideas are always radical, ambitious, and unheard of. As such, a business built on such ideas made the venture entirely risky as they are untested and have never been done before.

To which he offers this piece of advice — that is, an advice to those who wish to take on risky undertakings with the hope of eventually pulling it off and reap the windfall of high reward (that comes with any high-risk endeavors).

Clark liked to say that human beings, when they took risks, fell into one of two types, PIGS or CHICKENS.

“The difference between these two kinds of people is the difference between the pig and the chicken in the ham-and-eggs breakfast. The chicken is interested, the pig is committed. If you are going to do anything worth doing, you need a lot of pigs.”

Ham and Eggs Breakfast

In my personal experience, I’ve found this literally and figuratively true. It may be bad for your personal diet, but it will be very good for business.

And I’m very happy to say that we’ve already kicked the chicken out.

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Talk About Niche! A New Site for the “Southerners”!

I love it when I get directed to a new blog site that has so much to offer despite its narrow niche play.  My buddy Gary, who operates the Exchange.ph Sites (the links to which you can see in my Blogroll to the right), told me about Southbound.

It’s a “blogazine” (a term they so aptly coined, I suppose) that talks about anything and everything about the South.  South, in this relative case, would mean the locale south of Manila, Makati included (correct me if I am wrong, Guys of Southbound, since you categorized Makati as “Sana nasa South” :)).  You can view it as your localized “Lonely Planet” guide.  Or, moreso, your “Lonely South of Manila” guide.

It’s a great resource site for those of you who are unfamiliar with the deep south (not the “deep south” that Adam Sandler was referring to in “Little Nicky”, of course).  If you are the type who goes for the hole-in-the-window restaurant variant or the not-so-famous-but-offers-great-food restos, then you this is the site for you to do your research before heading out past the toll gates of South Super Hi-way (I am gonna go try out Vibang’s one of these days….).

Keep it up, Guys!  Your site is a perfect example of “finding a place” in the scheme of things, and executing well!  May the aspiring bloggers and entreps out there who wish to make a living on the side (or better yet, full time) learn a thing or two from your worthwhile endeavor.

Cheers!

Wealth of Information About Making Money Online at www.doshdosh.com

I profess that I am no expert when it comes to dispensing tips and sets of advice on how to build and establish one’s website traffic and generate a healthy and defensible “repeat business” via page views, clicks, and purchases, as well as how to craft strategies and programs on affiliate marketing, website monetization, etc. All my knowledge come from my relatively scant and fresh learnings based on actual experience as well as common sense.

Maki of Dosh Dosh has built a veritable treasure trove of information about how to do the above and more. Maki has painstakingly put together valuable materials for the consumption of every budding blogger or online entrepreneur who wish to tap the money-making opportunities available on the net. Heck, he can come out with a book on this!

I had the privilege of getting him to drop an appreciative comment when I linked him in a previous post about how to build and keep traffic for and within your website.

Maki, if you see this post, I am sure it’s okay with you to send you my occasional link to your site every now and then. 🙂
To those of you who accidentally or occasionally (hopefully, regularly) read Knightly News, I encourage you to subscribe to Dosh Dosh for insightful information. I have added Dosh Dosh to my blogroll (look at my sidebar at the right side of the screen).

Trying Out Facebook…

I am a newbie to social networking sites. Heck, I’ve spurned countless invites to set up a Friendster and MySpace accounts!

But now I am intrigued by a similar service which has been getting a lot of buzz and attention lately, especially with its newly launched platform. Top Bloggers (tech experts, VC’s alike, and practically all those in Silicon Valley) have been talking about it. It’s called Facebook. It’s the hottest thing right now as evidenced by its relentless pace of signing up a million new users every week! Continue reading

Why It Makes Sense to Move Your Retail Shop Online

Or if you don’t have one yet, and are planning to put up one, then consider this thought… Encouraging thought, ain’t it?

If you have the time, try buying and reading Chris Anderson’s bestselling book entitled “The Long Tail – Why The Future of Business is Selling Less of More“. The book’s not necessarily an earth-shaking revelation. It’s more of an eye-opener. It’ll explain in full the principles behind the theory of the Long Tail. Briefly, this book tells us that advances in technology, primarily, the Internet, has allowed us, the average individual, to take advantage of the new opportunities of creating businesses in non-traditional medium, that is, primarily (again), the Internet. Continue reading

My Initial List of Helpful Services for the Entrepreneur

Everyone now has relatively easy access to connectivity. Most popular, of course, are connectivity through SMS and the Internet.

For anyone who has a business and who are thinking of putting up one, I suggest getting acquainted with the following easy-to-use services to get yourself up and running.

  1. Google Applications:
    • When I say Google Applications, I mean the whole lot of it. Registering a Gmail account is the first step. A Gmail account is the passport to use all of the services and applications that Google offers for FREE! Yep, perfect for those with tight budgets or NO budget at all. A Gmail account immediately gives you at least 2 Gigabytes of space and allows you to send up to 20 Mb-sized attachments. Easy-to-use interfaces with conversation-based email trail which allows you to follow the thread of a topic or subject quite conveniently. It also has a built-in chat feature. But no conference chats for now. Continue reading

An Entertaining and Very Helpful Read About Why You Should NOT Start a Business

Here we go again, Guys…

I don’t want to be a Marc Andreessen linkblog, but I am just thoroughly enjoying his posts! (Advice: if you are regularly reading my Blog, I suggest you put http://blog.pmarca.com in your blogroll for I’ll be linking him a lot! Hehehe…)

This new post of his really got me. Couldn’t stop laughing (especially at number 2). Man, I am still wiping away tears of laughter…

Haaay…. Anyway…

This guide (1st of a multi-part post) is for those who would wish to start a business, be their own boss, manage their own time, etc. Or rather, Part 1 is, actually, intended for those who are still on the fence, sitting, and thinking of whether or not to start a business, be their own boss, manage their own time, etc.

I am sure we’ll achieve some filtering here. For those who’d like to continue reading the next installments of the guide, you can go check Mr. Marc Andreessen’s blog (you can click on the link there —-> click on the link on my Blogroll).