Yearly Archives: 2011

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A few years ago, I made a new year's resolution to lose 15 pounds. Like so many people, I started off very enthusiastic the first few weeks. But as the days turned to weeks and weeks turned to months, instead of losing 15 pounds, I gained 15 pounds! How many of your start the new year with a gazallion new year's resolution but don't stick with it? You're not alone. In a 2007 research done by Richard Wiseman from University of Bristol, about 80% of all new year's resolutions end in failure. Why do so many people fail? Most people set goals that are too unrealistic, unachievable and unmeasurable. I think it's partly because change is tough. Notice that the…

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The smell of freshly baked cookies. The soft, cool and pure white snow on the ground. The sound of ripping wrapping paper. Then, of course, there's the headache of long lines, rude last-minute shoppers and frowning store associates. Yup, 'tis the season for waiting in line, especially with only a few days left until Christmas and Boxing Day. If you're one of the few brave souls who willingly throw themselves in front of the hordes of vicious, deal-thirsty shoppers, then you know all about the long wait in lines. It seems like time slows down to a crawl when you're waiting in line. David Maister, in his recent article  "The Psychology of Waiting in Line", observed that customers' perception of perceived…

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[caption id="attachment_144" align="alignleft" width="491" caption="Cast of Prodigal (the Christmas Production): From left to right (back) Ian, EJ, Daryll, KC, Thea, Mark, Aubrey, Rachel, Sunshyne (front) Me, Joyce, Mary, Kitty, Janelle"][/caption] This past weekend, I had the honor of producing and acting in Prodigal, the Christmas production of Word for the World International Ministries Toronto (WWIM). With the rehearsals, set designs and planning sessions, it was definitely a roller coaster ride, with stress and worry, on the low end, and joyful ecstasy, on the opposite end. Through these ups and downs, I feel like I was tested through fire and came out with an epiphany about myself. As the youth pastor at Word International Ministries, I mentor young people to become…

Whether you believe it or not, particularly nowadays when it takes only a few seconds to leave a first impression, your name could make or break you. Who would you rather watch on the big screens, Thomas Mapother IV or Tom Cruise? Who would you rather listen to, Alicia Augello or Alicia Keys? The same is true for your startup: you’re not just making a name for your startup, you’re also creating a brand. As Dharmesh Shah, a serial entrepreneur, said in one of his blog, your startup name is “a one-time cost to a great a great name – but the benefit is forever.” Daniel Ha, founder of Disqus, took this to the extreme. He thought of the name…

And they lived happily ever after. In my first post in this two-part series, I talked about why it’s good to find a partner for your startup. But, you need to choose wisely because a potential business partner can turn out to be your startup’s Prince Charming or Cruella De Vil. To that end, how do you know that you’ve found the Prince Charming to your fairytale startup? Let me share with you my description of a perfect business partner. Keep in mind though that, like finding the perfect wife or husband, the perfect business partner for each person will be different. 1) Common Interests In the next year or so, as you move from the problem/solution fit to product/market…

And they lived happily ever after. Most fairy tale romance usually ends with those words. Everyone is out looking for the “one.” There are a gazillion books about finding the right love partner. But there are only a handful of books on finding the right business partner. In my opinion, finding the right business partner for your startup is as important as finding the right love partner. In both cases, choosing the wrong partner can cost you millions of dollars. You would also have to spend a considerable amount of time with this person, whether it’s in the boardroom or the bedroom, or for some, both (but I would really advice against mixing business and pleasure). So, you really have…

Hello, world! I’ve started my own blog. You’re probably wondering to yourself, “oh, another blog in the billions of blogs out there. Why should I read yours?” I’m not going to sugarcoat it and try to sell anything to you. Yes, there are people out there who are more knowledgeable, more experienced, and better looking than me ☺. But those people had to start somewhere. I see it this way: even Shaquille O’Neil use to be 4 feet back then. Everything has a beginning. In this spirit, this blog marks my first step into the chaotic world of startups and entrepreneurship. I’m currently working on a lean startup (if you don't know what that is this video explains it in…