Monday, 23 August 2010

When Ideas Have Sex by Matt Ridley

I watched this video and it was very interesting. And don't think for a second about the real coitus to ideas. It's about ideas that advances throughout history and how we should take note to actually advance ours. So without further ado, Matt Ridley with his talk that will take us through a journey to understand what the meaning of technology advancement with ideas from something simple to something more complex.



So provided of what he has said, do you think anyone can actually fully understand where our technology come from and how to make it from its origin? Feel free to discuss by posting up a comment below!

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Saturday, 21 August 2010

How Do You Talk To Kids About Money?

Last year during Ramadhan, I met my little cousins and we break fast together. And it was interesting that they were playing "restaurant" after Sungkai. I observed how they behaved (often to just come up with a new idea to write about but later forgotten till now.): customer comes in, orders a food, pays the meal, and leave. A simple business restaurant process until I asked the little restaurant manager, "How much are you making?". He guessed and claimed to have made, " $1000!!". Very cute when I tried to run the numbers on my laptop's excel program. The only way to reach such number during Sungkai time, i.e. 6pm till 12am (yes, they do this every night and it was fun to watch), is that the meal must be priced at $25 each for 4 customers and do 10 rounds to achieve the target profit. Now I don't wanna spoil their fun with realistic numbers and with better management, marketing and all those business jargons. So it made me wonder, how do parents or anyone talk to their children about money?

Tuesday, 10 August 2010

Brunei Top Bloggers

So I did a bit of research (actually just a few tweets), and I decided to put up the list of top bloggers. The reason is because I found this article at Simply Optimal where it has a list of the Best Cities of Bloggers. Somewhat like a little bloggers directory. And it was interesting and not even a mention of Brunei. So I decided to comment on adding to the list.

Adding one more to this list:
Bandar Seri Begawan, Brunei.
In a small muslim country, peaceful state on Borneo Island, there lies a platoon of bloggers. Most of them are blogshoppers and foodbloggers. But the professional bloggers are to be named as follows:
Rano from Ranoadidas.com, the #1 Local Social News.
AnakBrunei.com, the #1 Local Photoblogger.
Kurapak.com, the #1 Local Bruneian with pure Bruneian language and accent.
Pablo from World-of-pablo.blogspot.com, the #1 Food Blogger or in that field
Maurina from Maurina.wordpress.com, the personal blogger
Tiger Lim from Tigerlim.com, the #1 Broken-English Blogger 
Kamarul from GeekInWhite.com, A (Very) Social Blogger
Rozan Yunos from Brunei Resources, A #1 Brunei Library (From Culture to History and MIB) Blogger
Nonnie King/Kisich from Spiritual Garden, #1 Personal Blog in Simpur Bloggies
Sasmonroe aka Pynk from Sasmonroe.net, One of the surviving first Bruneian Bloggers in Brunei
Jan Shim from ShimWorld, The Professional Photography Blogger


And the underdog bloggers are:
Arab-families.com, Blogger representing from Kuala Belait
BDollar from www.BruneianDollar.co.cc, Business Blogger

So I put myself up under there, (kinda sneaky the way I did it). But honestly, I would like to hear it from you. Do I deserve to be the underdog or do I have a long way to go there? Do leave a comment below. Also if I have left someone out (one of the old Bruneian probloggers before I even started with mine), do let me know and I'll update the list.

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Thursday, 5 August 2010

Introducing A New Member To Bruneian Dollar Contributor

Ladies and Gentlemen (and Entrepreneurs), allow me to introduce to you, Biz Buzz (that's his pen name). He will be one of Bruneian Dollar's contributor to write about business articles. He stumbled onto Bruneian Dollar and found that the site contained interesting articles on freelancing and wishes to learn more from me. The following was a brief interview about himself and I would like all readers to welcome him to the group:

I started off as a Science student as compared to Bruneian Dollar being in college, but for A Level's, I switched to business studies. So I had taken Management of Business and Accounting and I think that's where my interest in businesses kicked off. Was absolutely fascinated by it. I went on to enter the Bachelor of Business Administration, majoring in Accounting. After the first 2 years, I managed to get granted a scholarship to University of Queensland and graduated with a degree in Commerce.


When I returned to Brunei, I had no idea what kind of a career I wanted to go for. Starting a business has always been on my mind, but I knew with a lack of finance and experience, it would be a bad idea. So I was still young and had much to learn. To gain such experience would be going through jobs like at a company that allows me to meet businessmen (and women) face-to-face and learn about their businesses first-hand. I've handled businesses in a variety of industries but I don't claim to be an expert as I still think I have much to learn, even after more than a few years being in this line of career. My job is to try and help them to improve their cash flow in order for them to survive, repay their obligations and increase profit margins.


What I can tell you from my experiences and observation from these businesses in order to be successful, you need to sacrifice something for a higher value. If your goal is to succeed, you need to give up many things, whether tangible or not and that is a fact. There can be painful decisions to be made, however, these are all part and parcel of being in business. And I believe that, all's fair in war and that business is the survival of the fittest.
And such, I will give some insider tips on the things that aspiring entrepreneurs should know about before starting up a company and after.

And Bruneian Dollar will be giving you some insider tips on the things that aspiring entrepreneurs can do about online businesses, jobs and freelancing. At the moment, Biz Buzz is still new to the freelancing world and is acid testing his skills on the options I provided. So until he has decided what he will be servicing as, you will hear more from us and as always, -Let the power of wealth be with you~

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Tuesday, 3 August 2010

Entrepreneurs Rock Job Creation And The Time Is Now

Spotted something interesting in the news today. Sounds like an opportunity for experienced entrepreneurs and business people to teach the young'ens about proper start-ups and business ventures. This was published on The Brunei Times Newspaper today:


Youths' involvement in entrepreneurship must continue to be encouraged through training and education, as a solid understanding of this area can help reduce unemployment among youths, said His Majesty the Sultan and Yang Di-Pertuan of Brunei Darussalam yesterday.

Delivering his titah during the Fifth National Youth Day at the National Indoor Stadium yesterday, His Majesty said the training provided can be formal or informal to ensure that youths' understanding of entrepreneurship can be a trigger for entrepreneurial activities

"From how I see it, our youths must be nurtured with the view to making them big-hearted and ambitious towards the success of our socio-economic development," His Majesty said.

Speaking on the theme of the Fifth National Youth Day "Entrepreneurship as Catalyst to Self-Reliant Youth" the monarch said that the field of entrepreneurship was not easy, as it was full of competition and challenges.

"In order to succeed, youths must have inner strength and be strong-spirited," His Majesty said.

His Majesty believes that with this inner strength, youths would be more hardworking, willing to go all out and be durable, thereby becoming ideal assets for the country.

"Such youths will not view difficulties as a barrier to success, but instead it would make them tough and competitive," His Majesty added.

The sovereign further said that the future of Brunei depended heavily on youths, who needed to be equipped with the skills to prepare themselves for competition and challenges.

"This is why I often stress that youth training programmes, specifically those covering entrepreneurship, must be strengthened, especially business and financial management as well as marketing," His Majesty added.

His Majesty said with the skills acquired, youths will be independent without hoping for any assistance.

This is also consistent with the National Youth Policy that encourages youths to participate in various activities, especially economic activities.

"All this is intended for us to create a more dynamic economic development together towards achieving Vision 2035," His Majesty said.

His Majesty also reminded everyone that Islamic guidelines in entrepreneurship and the business ethics of Prophet Muhammad (pbuh) should not be forgotten, as the latter achieved success in his business through perseverance and courage. "This ethic should not altogether be ignored, it is then that Allah (SWT) will help us with his gift of grace in the form of wages and profits, Insyallah," the monarch said.

The Brunei Times


I agree with His Majesty's titah. I believe it is time that we need more entrepreneurs to conduct reliable, strong and competitive business and take control of the Brunei market. And as I have been an entrepreneur myself, I would like to remind everyone that online business solution is available by me. You get a free web consultation (until the end of this month to take advantage of) and you get a full website created as per according to your requirement. Simply e-mail me via my contact page and we should be able to get your business up and ready in no time.

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Monday, 2 August 2010

Tapping Into Young Brunei Entrepreneurs

I found this article very interesting and would like to share it with you all on how well business studies is going on in Brunei. Not only that, if you follow by their example, you may be the next entrepreneur to hit the 399,000 population market (statistics taken from the UN, 2009). The following article was published by Brunei Times:

BUDDING entrepreneurs at the Business School were told to "tap into unknown opportunities" and try to foresee the type of business they intend to pursue, so they will know what products best suit their customers and gain a desirable reputation in return.
In an interview with Ideal Marketing (B) Sdn Bhd Group Chairman cum Managing Director Hj Ahmad Morshidi Pehin Orang Kaya Di-Gadong Seri Diraja Dato Laila Utama Hj Abd Rahman, on the sidelines of the launching of the the school's "Business Project" yesterday said, "Exposure is the most important thing in business. If students can learn from actual experience here with the support and encouragement of the school, then it will motivate them."
"They (the students) look very enthusiastic, and whatever they have learned and done here, they have to make a lot of improvement, such as envisioning what kind of business they want to be in. And once they did, they will become better because they will know what product is best for the customer, and customers will also know where to obtain the best products from," he said.
Speaking to the students during the launching of the event, Hj Ahmad Morshidi said although the National Diploma Programme is deemed to be a "passport to the business world", it is not sufficient enough for students to be successful businessmen. "You have to go through the hard work and have to learn from experience. Don't forget whatever you learned, you have to make a comparison with (the) actual business you are going to go through," he said.
Sharing words of wisdom as a prominent businessman in the Sultanate, Hj Ahmad Morshidi told students to always remember the "5C's of Instructional Leadership."
"They are Cultivation, Courage, Creativity, Commitment and Communication. To go through this as a businessman, honesty is the best policy. One must remember, you are not the one to judge, the customers are the ones who judge you," he said.
The guest of honour explained to the students that when customers know that quality of services provided are reliable, only then can an entrepreneur receives the continual support for a successful business.
"Once you have this foundation (continual support from customers), you will see that you are better than other colleagues of yours who are under the employment of others," he added.
Business School Principal Hj Abd Ishak Hj Idris said the business project undertaken by students at the school was crucial as students had to pass it at the end of the year.
"This is a one year unit which students have to pass, where they will be assessed," he said.
Apart from the trading of food and merchandises, other activities lined up under the Business Project included a Green Carnival, Wedding and Photography Exhibition, Futsal Tournament, Beach Festival and a Netball Tournament.
"The project is good because the students will apply what they have learned in the classroom, by applying its practicality. These students have to learn from experience by actually carrying out projects like these in reality," he said.
He added, "In the real world, it will be much more intense and challenging. That's why this business project is like a stepping stone for them to understand what is required of them as (young entrepreneurs) in the real world, and I hope that by doing this project, they can learn what real business is all about, and that we can see them as a successful entrepreneur in the future."

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