The Founders who Missed out on the BILLIONS!!!

Millions of people every day throughout the world enjoy cold drinks like Coca-Cola. It is a globally success in the world.

In May, 1886, Coca Cola was invented by Doctor John Pemberton a pharmacist from Atlanta, Georgia. It was originally a non alcoholic and carbonated drink including caffeine and cocaine from the Kola nut. Sales for that first year added up to a total of about $50. The funny thing was that it cost John Pemberton over $70 in expenses, so the first year of sales were a loss.

In 1887, another Atlanta pharmacist and businessman, Asa Candler bought the formula for Coca Cola from inventor John Pemberton for $2,300. Due to his aggressive marketing of the product, Coca Cola was one of America's most popular fountain drinks by spending an estimated $1 billion per year on advertising. On April 23, 1985, the "New Coke" formula was released. Until today, products of the Coca Cola Company are consumed at the rate of more than one billion drinks per day and the Coca-Cola formula remains in a bank vault in Atlanta.

What can you learn from this success story.
Lesson #1: Make Your Marketing Message Memorable

Lesson #2: Stand Out To Safeguard Your Brand

Lesson #3: Find What Works and Stick With It

Lesson #4: Look Hard to See the Mighty Oak in the Acorn

Lesson #5: You Are Worth More than Your Net Worth

DO WHAT YOU LOVE!

Once upon a time in the late 1960s, two surfer dudes Alan Green & John Law wanted to rid their lives of the uncomfortable. Therefore, they started their business "Quicksilver" by funded with a $1900 loan from Green's father. In 1973, the company has become the biggest surf wear brand in the world, valued at close to $1.5 billion. As the company grew, Quicksilver sold licenses to other parts of the world. Here the story began....

In 1976, champion surfer Jeff Hakman and McKnight obtaining the licensing rights to Quiksilver they hoped to achieve commensurate success with the Quiksilver name in the United States. BUT IS BUILDING A BUSINESS THAT EASY? They didn't have a business plan, didnt have this whole thing outlined and projected. Just took it as it came.

McKnight and Hakman invested no money, but agreed to pay a royalty of one percent of sales for three years, which jumped to three percent after three years, and an additional one percent of sales to support international promotions. Oneday, McKnight returned to California and asked his father, who was a sporting goods importer, to lend him $20,000 to finance a production run of Quicksilver apparel. McKnight's father agreed, and a few months after Hakman's all-nighter with Quicksilver's Australian owners, the two young Americans were ready to start production for their new company, Quiksilver U.S.A.

Quicksilver moved headlong into fostering the growth of its department store business. The initial success of the skiwear line nearly matched the initial success of the boardshort line, selling out in five weeks and grossing $500,000. Finally, Quicksilver listed on the New York Stock Exchange in 1986. During the mid-1990s, Quiksilver derived roughly 40 percent of total revenues from surf shops and nearly 45 percent from specialty shops. Now they can afford to relax-owning 6 percent of a company worth nearly $1.5 billion leaves a person with plenty of options.

Further Reading:
please log on to http://www.quiksilver.com

What goes through your mind when someone says "Investment"?‏

Have you ever had somebody approach you with a new investment product that seemed to be “Too good to be true?” What was your response? If you are like me, you probably had reservations and probably wondered what the real story was.

I’ve been tested enough faulty products, MLM businesses, and million dollar get rich schemes, that I am skeptical about anything that seems too easy or doesn’t require much time and effort.

Yet… what if found a cool new investment product… would you have enough faith to do it?

This is what Tony Fernandes founder of Air Asia's story was. He mortgaged his home and sank his savings to acquire the company, comprising two ageing Boeing 737-300 jets and USD$11 million (RM40 million) worth of debts, and transformed it into an industry player. Coming just after the 11 September 2001, undoubtedly the worst day in the history of commercial aviation when nobody wanted to fly, everyone thought that Fernandes had gone "crazy", predicting that the company would fail miserably. Yet, just one year after his takeover, AirAsia had broken even and cleared all its debts. Its initial public offering (IPO) in November 2004 was oversubscribed by 130 per cent.

In 2007, Forbes Asia valued Fernandes' personal wealth at $230 million ranking him at number 24 on the Forbes list of Malaysia's Richest.

So my question is .... Are you ready to invest?

What's GOAL mean to you?

I attended many preview or seminar about wealth, education and happiness . No matter what topics is it, the first things we have all been told that was to write down our own GOAL. But the issue is… where did you wrote it down? Can we often see them?

I have found that this is the biggest challenge, putting our written goals in a common place where we can reference them on a daily basis. If you don’t see them, they will soon be out of sight… and out of mind. We need a place that will allow us to take our goals with us and always be on. I’ve put my goals in my wallet (a piece of paper), mobile phone & laptop's wall paper because I spent almost all my time with it.

There are many ways you can write your goal. But before that, you need to write down a few words that describe where you want to be at each milestone. Remember : think BIG! When you can picture where you want to be a few years out it will help you solidify your shorter term goals. Of cause goals need to be specific, measurable, and actionable. Let me give you an idea.

My goal : Looks good for vacation
Specific: No more "BREAD FACE"!
Measurable : "Kua Chi shape"
Actionable : Daily 2 times face scrolling exercise & face lifting cream

Once you have set your goal. The most important part is to do it consistently and monitor the result. As we know, even we planned it very well, it doesn't mean we can achieve it every time. However, ask yourself. Are we getting closer or further of what we want?

For more information on goal setting please refer to our other posts.

Success Goals: Legos and Puzzle Pieces

Goal Setting Strategy: The 4-12-48 Solution

Success begins today, not yesterday or tomorrow

Welcome to my blog! My name is Gibson, however some people call me GSiong, Siang or Mr.Chu. Few months ago, I met someone who changed my life by introducing a book called RICH DAD POOR DAD written by Robert Kiyosaki.

From the day onwards, I enjoy attending seminar, reading, public speaking and meeting stranger. I am not a member of Toastmasters but I enjoy speaking to large or small groups about improving their lives and helping them to find the motivation to do so.

By having an enthusiasm in personal financial and development, I wish to publish a book regarding to the subject in future. My goal in creating this blog is to share what I have learned and turn it into useful tools and concepts that you can use in your daily life. My objective will be succeeded if I can save your time, assist you to become more efficient, or provide tips for you to reorganize your life. I don’t claim to be an expert, but just a traveler on the path to success, who has discovered some cool things along the way. I value your ideas and feedback. Please feel free to leave comments and ideas on any post you find interesting.