Monday, November 09, 2009

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Yet several weeks have passed since the 21-year old made any last blog post. what transpired in those past few weeks are as follows:

An investment worth some 90 odd million or so which started out quite promisingly has now run into several potholes. Now instead of relying on his partner to get the investments, our 21-year old has to source for the investments himself as well.t tttttttttttttttttttttttttttttttd z n'ohkjjnnnmmm mkjjm n vbn lkf,g5b qrtop;.o,oppp.;;/QQQQQQQQQQQQQQQQQQQQQQQQQQAZ. aPOLOogies, the cute 0-year old decided to add something in herself as well.

Anyway, with that investment in a snag, our 21-year old focuses on his social entrepreneurship venture...

Tuesday, October 20, 2009

..of dented cars and great anticipations

In the regular course of doing his work, this 21-year old came across a fantastic printer who can print his t-shirts for a very small fee. This opportunity came about as a result of him working for the Graduate Entrepreneur Development centre, who agreed to fund his old t-shirt selling business, provided that he get the students involved in the business as well.

In his excitement to view the t-shirt samples our 21-year old got into a very nasty bang-up with a car twice the size of his. Devastated and distraught at the damage to his car, our 21-year old nonetheless spoke with the other driver and decided to make a police report the following day. (FYI, the 21-year old was found to be at fault and had to pay a summon :( ). Anyway, he did get the samples eventually which were to his liking.

Thanking God Almighty and realising that He must be sending him a message, the 21-year old begins to reflect on his life. So he decides that he should probably be more committed and work (not enough maybe? hm?) and that he should be honest with his students. They deserve to know his age.

Upon telling them, he was met with dropped jaws and stunned faces. And A LOT of questions. Which he answered. Fortunately they did not think any less of him despite his age.

Still devastated by the damage to his car, the 21-year old continues to push forward. Now that he won't have a car for almost 1 month (as it is in the workshop) he has to figure out how to get around now... (beg his parents to lend their car? Hm?)

Anyway, there is an investment meeting just around the corner. The 21-year old hopes that it will be the answer to his current problems...

to be continued...

Sunday, October 18, 2009

..of Graduate Entrepreneurs

As a young, 21-year old junior lecturer, our 21-year old tries his best to hamm it up in front of his students, in the hopes that they can be fooled into thinking he is MUCH older than he is. (Or so he thinks)

In his work at the University he comes across an organisation which deals with producing Graduate Entrepreneurs. Entrepreneurs? Hm, that struck a chord. The 21-year old suddenly remembers his dreams.. his dreams to become rich!

Dropping all pending work, he heads over and volunteers his services. Unfortunately he cannot sign up as a student because he is an academic staff (although most of the students are his peers). Nonetheless he does get to lord it over the students there and act all smart and what not.

But that is besides the point.

Point is that the 21-year old finally has some guidance. Guidance comes in the form of the Wise 50-something, a very distant relative of the 21-year old who has agreed to help him start a successful business.

Another person helping him is also the Cool 24-year old, a young fella who has big dreams of starting a highly profitable fish farm.

Armed now with the proper guidance, our 21-year old seeks to build his wealth once again...

to be continued...

Thursday, October 15, 2009

The 21-year-old Junior Lecturer

By pulling a few strings and making a lot of noise to the right people, the 21-year-old got himself a sweet position as a contract tutor with the oldest university in Malaysia, UM.

Part of his contract also stated that he sign up for a postgraduate course and thus he got to study for free as well.

Things were starting to look up for the 21-year-old.

Oh, and his wife was pregnant. And she gave birth to a beautiful baby girl shortly after the 21-year-old started his new job.

We shall call the baby the Cute 0-year-old.

The tutor's job paid about RM 3100, with benefits included, plus it was tax-free as his basic salary was below the taxable line.

As a tutor, the 21-year-old had the flexibility and the time to pursue other interests. Interests which he had long forgotten about during his years of corporate employment.

He resumed his journey to become rich.

to be continued...

the 21-year-old

Shortly after quitting his old job, through a series of unpredictable events, the 20-year old got married to the Sweet (now) 20-year old. Feeling both joy and uncertainty, due to the fact that he was unemployed, the 20-year old nonetheless persevered and his perseverance paid off.

Shortly after getting married, the 20-year old received a job offer from an investment bank. Realising that the paycheck was RM 3500 a month, the 20-year-old was overjoyed. God had answered his prayers! God had provided a job for him at his most dire time.

However, the job itself was a different story.

Extremely Long Hours, Extremely large workloads and Extremely stressful working conditions. Our young 20 (now 21) year old had to work weekends, public holidays and late nights. On a regular basis. This put stress not just on his relationship with his new wife, but with his relationship with his parents as well.

Eventually, unable to take the heat for much longer, the 21-year-old quit his job, took his last paycheck and set his mind on a much better prospect.

Becoming a Public University Lecturer...

to be continued...

the 20-year-old

Dejected following his business' failure, the 19-year-old did what any teenager with an accounting degree would do.

He started working.

Working as a consultant was fine at first, mainly because he got RM 3375 a month. This was HUGE money for the young teenager, considering that a little over 2 years ago he was practically scraping for just RM 30.

However, with work comes responsibilities and not to mention forced rent payments to his parents. (50% of his salary was given to his parents as 'rent' for staying with them). Being the naive teenager that he was, the 19-year-old dutifully paid his rent every month.

Upon turning 20, the (now) 20-year-old realises that work is really not fun at all. Long hours and tight deadlines gave the 20-year-old much stress and also put a strain on his relationship with the sweet 18 (now 19) year-old.

Through a series of poor quality work, tardiness and horrible colleagues, our young 20-year-old managed to get himself shown the door after a little over a year at work. Feeling horribly dejected, the 20-year nonetheless pulled himself together and vowed to do better at whatever comes next.

But despite these setbacks, the 20-year-old did finally get a taste of money but whatever he earned, most of it is stuck with his parents who may (or may not) release the 'rent' funds to him.

Pushing forward with God in his heart and his girl by his side, the 20-year-old continues to search for ways to increase his own wealth and those around him.

to be continued...

Wednesday, October 14, 2009

the 19-year old

The 18-year old is now 19 and having just got a girlfriend (his first serious one) on his 19th birthday, the (now) 19-year old is quite excited about his prospects in life.

As the relationship becomes more serious, he begins to remember about his struggle to earn money. Thus the 19-year old starts devising an ingenious business plan. Muahaha..

"Eureka!" Cried the 19-year old. 'Lets sell t-shirts with social designs for social awareness'!!. Not a very unique concept but a fairly marketable idea nonetheless. Armed with accounting knowledge, a head for writing and a whole lot of bulls**T, the 19-year old sets out to make his business a reality.

Roping in a school friend and a college friend, the 19-year old starts printing his t-shirts and selling them at conferences, or just pushing them to his other college friends.

Lo and behold, the 19-year old actually does make a fairly decent profit of RM 400, which is shared with his partners equally, leaving him with about RM 120 to spend. This money is then plowed back into the business.

Some time soon, the 19-year old joins a reality TV show, calling for interesting business ideas. Pitching his social T-shirts project, the 19-year old makes it all the way to the semi-finals only to get kicked out because he got smart with the judges, thus depriving himself of the RM 30,000 which could have been his if he had won.

Dejected, the 19-year old lost focus of his business, his friends continued their studies overseas, and the 19-year old began his descent/(ascent??) into employment.

Yet not all was lost as his girlfriend, the Sweet 18-year old remained loyal to him, sticking by through thick and thin!

to be continued...

the 18-year old

In the immediate following year, the 17-year-old started studying a professional accounting course, in the hopes that he may one day start his own business.

Upon graduation, he found himself being rejected by several scholarship givers who cited his scoring of a 'B' in one particular subject as reasons to deny him a scholarship, despite the fact the rest of his subjects were A's.

Which is why he decided to study accounting.

To get revenge on all those who dared underestimate him. To employ all those prissy, stuck-up straight A students who got scholarships and went overseas, and make life a living hell for them.

That's what he thought anyway.

After making a few enemies, and eventually some friends, the (now) 18-year old slowly forgot about his crusade for vengeance and redemption and started to enjoy life... more or less.

Eventually he met a girl, whom we shall call the Sweet 18-year old and they eventually started dating.

When you combine studying and dating together, there usually isn't much time left to think about blogging about getting rich. Thus the 18-year old forgets about his vindictive drive as a 17-year old and begins to enjoy the finer points of life.

to be continued...

After 3 Long years...

Being a 17-year old, the 17-year old didn't really do a very good job of being diligent with his blog postings. Rather, he posted them just to feel good about himself. Kind of an ego vent, if you may.

3 years down the road, the 17-year old by some strange stroke of luck happens to come across his old blog. Realising how dumb yet insightful he was at that age, the 17-year old decides to take up the (symbolic) pen and start writing again.

Now the formerly-17-but-now-21-year old looks back on his past 3 years of life.

Let us take a look at the 17-year old's past 3 years of life, as told by the 21-year-old:

Wednesday, August 17, 2005

Of Private tutoring

Having being frustrated at failed attempts in the retail and direct-selling business, the 17 year old turns to a different type of business venture, the service business.

As a young, inexperienced 17 year old, there obviuosly isn't much he can do in terms of providing excellent services. So, after a few moments of thinking and deliberation, he decides to become a private tutor.

The first target, his younger cousin.

He calls up his aunt and negotiates a deal to provide science tuition to his cousin at 20 bucks an hour. The negotiations were succesful. Hooray!! However, the transportation fees to his aunt's place are quite pricey, which results in an extra 5 bucks being thrown in for transportation purposes.

The 17 year old is quite pleased now that he is earning a good 35 bucks once a week. Everything seems to be working out perfectly....until the tuition classes start....

His younger cousin, being his younger cousin has always considered the 17 year old to be the fun older cousin.. so when the 17 year old comes along touting himself as a tutor, things get a bit difficult....

tutoring his young cousin, who is 13 this year, is tough mainly due to his short attention span and the fact that his mind is constantly floating off to his Xbox.. which sits only a few feet away.

But through pure grit and perseverance, The 17 year old manages to get his lesson across and.. hopefully, taught his cousin something. The class ends with a relieved look on his cousin's face who then practically jumps right in front of the Xbox and starts playing all in one single fluid motion.

The job may be unsatisfying and stressful, but at least it pays well....

And the 17 year old has to now worry about next week's class......

to be continued...

Sunday, August 07, 2005

Tough 30 bucks

The 17 year old, try as he may.. could not find any college student who was willing to buy his marked-up notebooks....

Then comes along this oppotunity to make money... yeah, cold hard cash, on the spot payment.
Its not a business opportunity, more of a one-off employment opportunity. It involves manning a UNICEF booth and passing out brochures.

Unglamourous.....yes... but at least he gets paid 30 bucks to sit there from 3 to 7.
So, being a 17 year old who is desperate for his own money, he gladly signs up for the job....
Sure it sounds simple.... but our 17 year old has yet to face the challenges which the day has to offer.

The day starts out simple enough, with a family brunch. He later gets sent off to the convention centre to meet up with his cousin for the PC fair. Upon arrival he finds that her cellphone is off, which sends him on a wild goose chase desperately searching the masses for his cousin. He does not find her until 2.30 which is when she called him. Not wanting to rush his cousin, the 17 year old casually reassures himself that he will make it for the job at 3 at the booth.

Bad call

Due to some relatives which happened upon them by coincidence, the 17 year old is held up for a good 30 minutes.... leaving less and less time to make it to the exhibition booth (which is in another part of town)

Finally they leave at 3. So after suffocating in the crammed train station, almost missing queue for his ticket and after changing trains, they finally arrive at the exhibition, after which he had to ditch his cousin with a quick goodbye and rushed off to the booth. It was 4 by this time.

After the proper formalities (and apologies) the 17 year old was manning the booth. The job was simple enough, hand out brochures... and... well.. thats about it. So within the next 2 hours, brochures were passed out, some were turned down but in the end, all the booklets and brochures were gone (the objective was to merely finish off the booklets).. via rather under handed tactics... heeheheh.

And finally he got his pay...30 lovely bucks...

but wait, our story does not end yet, there is the ride home....

Back at the train station, the 17 year old waits patiently for the train to come.l.. after 20 minutes of waiting, he gets fed up and hails a cab, once he steps into the cab, only then does the train arrive. 'Lousy luck' he mutters to himself....

After paying the cab driver 3.70, he changes boards the light rail transit home. Upon arrival at nearest station to his house, he rushes after the bus which was embarking, using whatever tiny ounce of energy left in his body.... fortunately its a nice bus driver, who insists he not pay for the fare.

So altogether, about 12 bucks was spent on public transport just to earn a meagre 30 bucks... but hey, at least its still a decent profit....

Wednesday, August 03, 2005

What's next?

Having realised that he had wasted his time in multilevel marketing, our 17 year old broadens his horizons and begins to search for opportunity in every nook and cranny.

His search takes him to an IT harsware hub in the capital. There are so many computer shops there that prices are dangerously low, due to all the undercutting going on between businesses.
So then our 17 year - old thinks to himself.... 'what if i sell off these items at a higher price for a good profit to the folks back where i come from...'

So an entire day is spent searching for the best prices and deterimining which is the most profitable product to sell.

The 17 year old then decides that, selling notebooks (computer notebooks mind you) to college students could be a fair deal.

And thus his 17 year old mind starts churning into action....

'Let see... college students want a cheap notebook. Why notebook? Because its portable... If i can find a notebook for under 2000 bucks, i should be able to make a decent profit of maybe 100 to 200 bucks if i can sell it.... not bad..... or maybe.. i should scout around, and i can create like a proce listing... yeha... and maybe make them into packages... like..like... erh.. round-number packages... i've always been irritated by those irregular number prices. So i should be able to sell differing prices of the notebooks depending on their specs... i can range it from 2000 to 2500 to 3000.....'

Obviously his thoughts aren't well organised, but there is however a rather vague structure to them..

Now he has found a different calling, he discards the old broom of Multilevel Marketing and goes nuts over the new broom of mark-up marketing.

to be continued....

Tuesday, August 02, 2005

Multilevel whut?

And thus our 17 year old begins his foray into the world of multilevel marketing (MLM).

He is brought to a few business development meetings, big halls full of people who are willing enough to listen to what, at surface glance seems to be a rather contrived and silly idea.

The speakers are brought out. This time its a couple who have made it, really made it in the business. An engineer and businesswoman were what they did for a living before joining the MLM. So it was basically a lot of talking, personal experience and showing off pictures of the latest countries they have visited. In other words, they were basically trying to say 'we can do it so can you' and 'see how fun it is to be like us'.

The 17 year old wasn't thouroughly impressed... especially when they started showing off their holiday pix

But yet, he wasn't willing to forsake the MLM yet, something kept urging him to go forward into what all his better instincts told him was utter bull.

Which then brought him to the 'weekend leadership seminar'. The so-called rejuvenation function which is held every 3 months. The whole premise of the weekend leadership seminar is to motivate (or brainwash rather) existing members to strive harder and uninitiated members to well.. become... initiated.

But strangely enough our 17 year old came back from that 2-day seminar (which he had to pay 150 bucks for) with a new outlook on life, a changed perspective..(in other words, he was bought/ motivated/ brainwashed). He decided that, 'yeah, i can handle this MLM shit! Bring it on!!'

So he got the starter pack (costing some 85 bucks or so) and he tried pitching the ideas to a few of his friends, mostly other 17 year olds. Though he managed to convince them, but few ever did follow up. Then he tried it on older friends, but to no avail either. So he thought,' well, maybe i'll just sell the products and make a small profit.....

And then it hit him. In order to purchase products, he needed to draw cheques. In order to draw cheques he needed a checking bank account. And in order to have a checking bank account, he needed to be 18.

So our roving 17 year olds dreams have to be put on a hold due to the sad fact that he isn't ....ergh... 'old' enough to run the business...yet. Though he could beg his mum and dad to sponsor himl... which is pretty difficult since mum and dad are not convinced of the business either.

so our 17 year old searches for other opportunities to get rich.

to be continued.....

Saturday, July 30, 2005

the first steps

As the 17 year old heads out into the real world, searching for oppurtunities to ....how shall we say this.... get rich, he is approached by a close relative, selling him some hoo-ha 'bout multilevel marketing.

The 17 year old, though not totally believing what he hears, decides to go ahead with it anyway...to humour hi close relative.

Multilevel marketing, or better known as direct selling is the almost cult-like operations of businesses like Amway and such. Their followers number in many and they get plenty of new converts everyday.

Being cocky, self-confident and determined not to be influenced, our 17 year old decides to sit in on one of their 'business previews' as they call it. After sitting through what seemed to be hours of senseless 'how our business works' presentations (better known as 'The Plan') they brought out the heavy guns. Oh yea, they wouldn't go easy on these bunch of doods sitting in what was probably their first 'business preview'. They sent up the success stories. The 'people-next-door-who-have-made-it-in-the-business'. And thus the audience were regaled with their tales of pain and hardship they had to endure to reach the top, how much happier they are now that they are at the top and in general encouraging everyone in the room to join and reach the top. But what struck the 17 year old the most was not the obstacles they had to overcome nor was it the sheer tenacity of these people.. what struck him was how old they were, middle aged men and women, professionals who have decided to forego their day jobs, jobs which they had studied and get degrees for. These people gave all that up and joined multilevel marketing.

Well , to say gave up is a strong word... its more like they made a slow transition from being a professional to being a professional multilevel marketer.

So the 17 year old says to himself, 'why should i wait that long to achieve their level of success'.

I should start now, if i wanna be rich...

to be continued...

In the beginning...

In the beginning.. there was a whiny 17 year old who looked back on his 17 years of life....pondering.... what has come of my 17 years of existence?.....

hmmm, letsee.... no patents... well, can't compare myself to Thomas Edison...
hmm, hardly a million in my Bank Account... ain't no Richard Branson either..
discovered new worlds?.... erh... does puberty count?...

so this 17 year old ponders what is to come of his life. Will he be sitting in front of the PC, 20 years form now, typing the very same thing he typed 20 years ago, or will he be writing memoirs of his success story, publish a book, with the words 'HOW I MADE IT' emblazoned on the cover...
ahhh, yes... fantasy... hmhmhmh

unfortunately, life isn't made for those who dream.. bummer.

so, feeling as if he has wasted his life on school work, and dabbling in NGO work, this 17 year old says to himself, 'i wanna be different' but how does one be different? In his 17 year old mind, he processes thoughts based on his 17 years of experience and decides...' hey, if i wanna be different, then i wanna be rich' well, simple ain't it? Sure, i mean if others can do it, why not this 17 year old.

But now that the questions have been answered... one more remains...

'HOW THE HELL DO I GET RICH??'

to be continued....