Work Smart not Work Hard

If you refer to my previous article “Earn More, Work Less and Enjoy Life”, I have mentioned about Parato Principle 80/20.

• 80% of your result comes from 20% of your effort

You may get detail explanation at http://en.wikipedia.org/wiki/Pareto_principle

Here I want to emphasis ”everything have both side“. If you look from the other way, probably you will see:

• 80% of your effort only generates 20% of result

Due to this reason, you may heard people always say “work smart, not work hard”

To work smart with Parato principle:
Assuming all 10 tasks take equal amount of time and effort. If you have selected the 2 key tasks and done a good job, you would have secure your job by 80%.

Must be careful, in real world, team work is definitely needed to completed a task. Therefore, you must ensure that your team member is smart enough to work with you. If not, even you are smart, but you still get stuck.

Profit Margin and Sale Revenue During Economy Crisis Time

In the real world, things are fair and proportional to each other. For example, if the car engine performance increased, then fuel consumption will increase too. Therefore, in order for company to capture more market and generate more sales, they have to produce a car with reduce fuel consumption but increase / maintain the same engine performance.

Due to global economy crisis now, many companies encounter sale drop. To overcome this, usually are below 2 methods (of course it can be more):

a) Reduce profit margin, increase / maintain sale revenue
b) Reduce sale revenue, increase / maintain profit margin

We have to determine which methods are suitable for the company. Both methods can be applicable, but we need to choose the one with most effective & efficiency for result generating.

Here to share an idea, this is one of the success story in Malaysia, “McDonalds fast food restaurant”. They are using method (a), by offer special price RM5.95 (where usual price is RM 8.95) on their value meal during lunch time 12-3pm. With this strategy, McDonalds manage to capture more market and also increase their sale revenue too. Due to this proven work strategy, other fast food restaurants like KFC, A&W, PizzaHut are quickly offer such promotion during this crisis time….

Creative Advertisements (Part 2)

How Malaysian Do Business

Just want to share an article that probably give you idea for how Malaysian do business.
It’s look funny but it can be true in real life……

Korean said, I need $300k to build a bridge
$100K for material,
$100K for handwork,
$100K for profit.

American said, I need $600k to build a bridge
$200K for material (American’s material is higher quality),
$200K for handwork (American’s handwork is the best),
$200K for profit (American’s living standard is higher).

Malaysian said, I need $900k to build a bridge…….
You may ask, ‘Why yours so expensive?’
Malaysian replied, ‘I take $300K, you take $300K, and the balance $300K give Korean to build the bridge…’

Lessen I learn: Thing in Malaysia is not cheap…….what do you think?

The Healthy Way to Lose Weight Fast

White flour is your enemy no. 1
Don’t eat products that contain white flour and you must replace all white flour products with vegetables (preferably green leafy vegetables). I suggest Broccoli has protein and many health benefits.

Sugar is your enemy no. 2
Stop or reduce eating any sugar products. Product like chocolate, candies, cookies and etc are completely sabotage any healthy diet and make you fat quick.

Be sure to eat five small meals a day
When you replace white flour products with vegetables and stop eating simple sugars, you will want that small healthy meal every 3-4 hours. If you need to lose weight fast, be sure to eat a source of protein at every meal. If you think of your plate in thirds, one third will be protein, one third vegetables and one third complex carbohydrates (sweet potato, whole grain wild rice and etc…)

Drink lots of water
Drink only plain water. Please eliminate sugar drinks, coffees, sodas and even diet coke. I don’t trust diet coke can help to lost weight. If you want to drink not just plain water, drink fruit juice…No sugar fruit juice.

Do exercise
Remember, you can lose weight either by decreasing your calorie intake or increasing the number of calories you burn. Any health strategy should include both, but if you want to lose weight fast, exercise is essential. If you prefer to go to gym and do aerobics GREAT! Just keep going. Typically you should “move your body” for 30-60 minutes, 3-5 times a week for best weight loss results.

Get enough rest
You body is not a machine. You must get enough sleep at night, since sleep deficiency impairs your ability to lose fat.

Be consistent and disciplined, and have self motivation
To lose weight effectively, you need to stick to your weight loss plan religiously. When you have the thought of giving up, visualize how good you will look when you manage to slim down successfully.

Warning:
Losing weight too quickly is dangerous and can have adverse effects on your health. If you find yourself losing more than 500g each week, you are probably doing something wrong. Please consult doctor….

Singapore vs Malaysia

Currency rate (up to date)
$1 Singapore dollar = $2.4 Ringgit Malaysia

Basic monthly salary range (for fresh graduate)
Professional (Engineering, Accountant, Architect….)
Singapore: $2400 – $ 2800 Singapore Dollar
Malaysia: $2200 – $2600 Ringgit Malaysia

Non-professional (Sales, Admin, HR….)
Singapore: $2000 – $ 2400 Singapore Dollar
Malaysia: $1700 – $2200 Ringgit Malaysia

Housing price – about 800 square ft apartment
This is subject to different location, I just assume average price for reference.
Singapore: Around $400k – $500k Singapore Dollar
Malaysia: Around $130k – $220k Ringgit Malaysia

Car price (Toyota Vios)
Singapore: $50k Singapore Dollar
Malaysia: $80k Ringgit Malaysia

Iphone 3Gs 16GB
Singapore: S$288 with 2 years plan contract (monthly commitment S$56)
Malaysia: RM1790 with 2 year plan contract (monthly commitment RM155)

Food
Hawker Center (Curry noodle + hot Coffee)
Singapore: S$2.80 + S$0.60
Malaysia: RM3.80 + RM1.80

Fast Food (KFC – Snack Plate meal)
Singapore: S$5.90
Malaysia: RM9.95

Summary:
If compare base on currency rate, Singapore price is higher. Please think wisely, for Singaporean who earn Sing Dollar and spend Sing Dollar, then everything for them is cheap except housing.

Difference Between Effectiveness and Efficiency

In my previous article “Earn more, Work less and Enjoy life”, I did mention about the different between effectiveness & efficiency. These two terms feel similar but confusing many people. Therefore, you must be clear with the basic concept of this 2 terms, if not it could be pretty disastrous for success and growth.

What is difference between effectiveness and efficiency?

To make is simple and short, here is the definition. Effectiveness: It means getting work done or achieving the desired result. Efficiency: It means achieving result in the most economical manner using minimum resources.

For example, Effectiveness simply relates to reaching goals, so a company that has captured a 75% market share is very effective. Efficiency relates to how much they needed to spend or invest in relation to their effectiveness. If two companies each had only a 0.1% rejection rate off the assembly line, they would be equally effective. But if the first company invested half as much as the second company in quality control, the first company is twice as efficient as the second company.

A true success is achieving goal with both effectiveness & efficiency way

Easily Download YouTube Video

YouTube.com is a popular website that allows you to share video and to view videos on their servers online. Unfortunately YouTube is doesn’t allow you to download those videos from their website. Due to that, many friend is asking me is there any idea to download YouTube video for offline viewing.

Actually, there is a way to download YouTube video then save into your computer. In internet, you may found many third party applications that allow you to download YouTube video. But today I will share an alternative way to download YouTube video without install any third party application into your computer.

Step 1
View any video you wish to download at Youtube.com. At Internet Explorer, right click the URL address then copy

Step 2
Go to “http://www.videodownloadx.com/” and paste the URL address under the Download bar and click “Download Video” button.

Step 3
Here you go…. You can download the YouTube video immediately. Please keep in mind that, sometime you may need to rename the downloaded file extension to file_name.flv

Step 4
You will need a “free FLV player” to watch the downloaded file on your PC. You can also convert YouTube video to other formats like .MPEG with “FLV Converter”.

Creative Advertisements (part 1)

There is a statement to claim that – There’s no second chance at making a good first impression.

Especially for advertisement, regardless online or offline, if they don’t catch your attention within seconds then consider failed. Due to that, many big corporations are really stand out of the crowd, think out of the box, something that makes you laugh, talks about it or at least make you look twice.

I found this is very interesting and quite match with AnyGreatIdea blog, therefore I created a new category to share all these creative advertisements. Started today, I will try my best to collect those ads and regulary update into this category.

Staircase Drawer

To save more space…….