Online Entrepreneurship Advice/Tips

online entrepreneur

Overview

Starting a business is a dream that many people have. The internet has allowed people to set up companies all over the world.

In Malaysia, company formation is at an all-time high. However, there are many things to keep in mind for people who are starting an online business. Over the long term, an online business can be a great asset. In the beginning it can be difficult to scale up correctly. Here are several tips for anyone who is interested in starting an online business.

Start Small

Many people wrongly assume that the best way to start a business is to jump in head first. However, one of the best ways to get started in online businesses is to take your time on the front end. There are many people who are interested in starting a company for a variety of reasons. Many times, starting a company is the means to an end of working a typical job. The types of people who are interested in this lifestyle are usually not very patient. However, it is important to start slow and build up your business over time. Not only is this a more effective way of scaling your business, but it will also help to greatly reduce the risk involved.

Find Your Niche

One of the most essential elements of achieving success in your online business is to find your niche. This means that your business is able to help customers in ways that no other company can. If you are truly able to do this, you will be able to serve a lot of people and grow your company over time. There are many different ways to find this niche. Over the long term, this is one of the most essential elements of having success in online business.

Invest for the Long Term

Many online business owners are so busy that it can be difficult to think long term. However, when making investments in the business, it is vital to have a long term mind set. Anyone who is interested in sustaining success must be able to see months and years down the road. This will allow a company to continue to grow at its current growth rate and achieve success for many years to come. The good news is that many business owners have a variety of different options when it comes to investing in their business over the long term.

Final Thoughts

There are millions of people all over the world who are interested in starting their own business. Starting a business online is a great way to have a low cost of entry in the field. Anyone who is interested in having success needs to find their niche where they can impact the customer the most. This will lead to a large amount of success later on in the life of the company. Always be sure to keep the customer top of mind and invest for the long term growth of your business.

Choosing The Right Rental Property In Singapore

Choosing the best condo in Singapore requires a few simple steps that you may follow in this article. The city of Singapore is very large, and you must learn all about the city before you try to select a place to live. There are many factors you must consider when choosing your condo for rent, and the city will welcome you with open arms once you have chosen the right place to live.

Location
Select location which convenient to you when buying property!

 

#1: Location

Singapore is a very large city, and you could live in several different places in the city comfortably. You must choose a place to live based on the location of your office in the city. Your commute should be as simple as possible when you live in the city, and you can walk to your office if you live close enough.

Price
Choose the property that you could afford!

 

#2: Price

You may search for a good condo when compare the prices of each condo in the area with the location you need. The place where you choose to live should be easy for you to afford, but you must come to the table with a budget that indicates exactly how much you can spend. The buildings you choose to live in are going to have different pricing for every unit, and each building changes prices based on the amenities it offers.

Amenities
Look for good amenities when purchasing property!

 

#3: Amenities

You may find a building that provides amenities that you need, and a building that provides full-service to you will help you live a comfortable life. The life you create for yourself may include room service to your condo, laundry service and a full security staff. The front desk will check in people who come to visit your condo, and you might find a place to live with a restaurant that you can eat in every night.

The building may have condos with balconies that overlook the city, or you may look out for a place that has special sunrooms in every condo. The large windows will look over the city, and the condos will get more natural light than any other home. You must choose a building that is going to help you get as many amenities as possible without forcing you to spend too much money.

#4: Sizing

You may choose a condo that is very large or very small. A studio condo that gives you privacy is very cheap compared to a large condo that could house your family. The selection process for your condo should include the factors listed in this article. You may find a place to live that is going to offer you all the choices here without costing more money. Singapore is an expensive city to live, but you have many condo locations to choose from.

Use this article to save money on the place you choose as your home once you come to Singapore. The city is filled with places to live, but you need the one place that gives you the things you need while creating a new home for your family.

Flexible Conference and Meeting Room Solutions for Online Entrepreneurs

Developing markets and emerging economies are able to provide investors with many opportunities to enjoy superior returns on their investments. Finding the best options for conference and meeting rooms in Kuala Lumpur will ensure that overseas investors and online entrepreneurs can more easily arrange the in-person visits and meetings that are so often crucial to the implementation and development of business plans and strategies. Flexible resources and cost-effective arrangements can be of tremendous advantage for those who are planning an upcoming business trip or meeting.

Utilizing a More Comfortable and Professional Environment

While digital and online resources are able to provide a wider range of teleconference and communication options than ever before, in-person meetings still play an integral role within a global marketplace. Arranging for a comfortable, convenient and professional environment that will allow multiple parties to meet and discuss their needs and options can often be of paramount importance. Virtual office services, short-term business environments and meeting rooms that can be made available easily and conveniently will ensure that entrepreneurs are given access to any and all resources that may be required to conduct business when visiting Kuala Lumpur.

Cost-Effective Options and Resources

Traveling can entail a range of expenses, especially for businesses that rely upon large numbers of field personal. Saving on the cost of conference rooms, short-term office space and other services can help to reduce overhead expenses and ensure that professionals are able to conduct their business without placing greater stress on their budget and financial resources. Venue rental and access to meeting environments can often be arranged for much less than many visiting professionals may realize, provided they make their arrangements with services that will be better suited to meeting their needs without breaking the bank.

Planning a More Successful Trip

The time, expense and effort needed to visit overseas locations can be considerable, especially for investors and organisations working with a more limited range of financial resources. Failing to properly arrange professional meeting and conference venue space can create no end of problems and issues that may interfere with your efforts. Securing a comfortable space to host meetings and conferences will allow you to deal with investors, associates and business partners within an environment that may be better suited to your needs.

Knowing When to Schedule a Meeting

Knowing when to utilize teleconferencing resources and when to schedule face time with various associates and parties can be of major importance. The ability to more easily, conveniently and affordably set up a physical meeting will ensure that you will be less likely to compromise in your efforts to oversee your current and future business interests. From an informal meeting to larger conferences that involve multiple parties, attendants and interests, access to the right venue and surroundings is one concern that entrepreneurs should never discount.

Top Tips to Help Your Child’s Early Education

Your child’s educational foundation is created during the early years of childhood, and it’s important to do everything in your power to make it the best it can be. By providing the right kind of attention and nourishment, your child can start on the right path towards a fulfilling future. These simple tips will help you to get started!

Introduce Reading and Effective Learning Habits

Introduce Reading and Effective Learning Habits

Your child may not be in school yet, but you can foster a love for reading and education that will stick with them for the rest of their life. Many children start school with a dread for education can hinder their future output, but you can ensure that your child is ready for an insightful life and profound education by engaging them while they’re young.

Read to them at bedtime and throughout the day so that they associate reading with something enjoyable. They won’t be able to read on their own yet, but you want the connection between reading and enjoyment there so that they become receptive to this important skill.

Children are often very inquisitive, and it’s important to foster this nature so that they grow into questioning adults. When your child asks a question, you must always provide an insightful answer so that they continue to ask and learn. You can always admit that you don’t know the answer, but then you both should search for the answer together so that they learn to never give up when unsure of something.

Developing Discipline

Developing Discipline

Education is more about discipline than it is about natural talent or abilities. Some kids may be more gifted in science than in the humanities, but your child must learn to treat all subjects with careful consideration and respect. This will allow them to pass all of their classes while also becoming a well-rounded person later in life.

To do this, you must ensure that your child finishes their schoolwork in a timely manner. You can allow them to see friends before starting their work, but make sure to remain firm that they must finish it before a certain time or activity. This will create a foundation for a solid workflow later in life, and it’s always easier to start young than to fix bad habits in the future. Be fair but also stern that they must finish everything before bedtime.

Engage Their Imagination

Engage Their Imagination

Your child is bursting with imagination, and it’s your job to engage them in their interests and in the unknown. Take them to scenic areas so that they can explore nature, and take them to museums so they can experience art and history. Many cities have science centers where they can play with the latest technologies as well. By utilizing these tips, your child will learn to love education while also gaining the discipline necessary to succeed in life.
Next inspiring story: Datuk Vinod Sekhar , President of Green Rubber Global and Petra Group

Advice For Investing In New Properties in Malaysia

When looking to invest in real estate there are a few important things to consider. Most property that is owned is considered a financial investment that is a long term investment. However, as with all financial investments, some are good investments for the long term and some are not.

When evaluating whether a property is a worthwhile investment, there are a few important considerations that can help to better understand the potential risks versus the rewards of a property.

As a general rule, new properties in Malaysia are a good investment if they are located in a good area and the property is not overpriced at the time of purchase. As with any investment in real estate it is only as valuable as its resale value in an open and fair market. Since the real estate market fluctuates, it is important to purchase property that has a good chance of retaining its value.

While some older properties can retain their value quite well, this usually occurs if the property is bought at a good price and can be improved without extreme financial expense and is in a good location. The other way an older property can be a good investment is if the property is well maintained, in a good location and was purchased at a fair price (search here).

The way people often get caught up buying a property that does not hold its value is by making a few errors when purchasing. This often starts if they overpay for the property. However, there are a few other causes for property value decline such as: the overall real estate market suffers losses, the property itself was not a good investment because of the location, or the property becomes a repair nightmare because the property has need for many unknown substantial repairs.

It is always advisable before investing in any real estate to do a market evaluation of the area of the property, the current values of comparable properties and to evaluate the extended financial market for housing based on regional employment and income statistics. If all of these are properly analyzed and the property is examined for sound construction and an inspection of the property for any latent defects is done, the investor can be more secure in making the investment in the property. This is true for both older properties and newer construction properties as well. Both old and new properties can have defects, or be located in less than stellar areas so assessing the situation for each property is important.

Social Expat Groups, Associations and Meetups in Malaysia

social-expat-groups-associations-malaysia

 

The Expat KL Mingle
http://mingle.expatgomalaysia.com/
Meet and mingle with other expats in Kuala Lumpur. Held every month, the Mingle switches venues to various popular bars/restaurants every month. Pre-registration required.

InterNations Malaysia
http://www.internations.org/malaysia-expats/events
InterNations hosts several top-class but various types of events for expats in Kuala Lumpur and Penang. No matter what kind of expat you are, there’s an event for people similar to you on InterNations.

Penang International Mingle
http://mingle.expatgomalaysia.com/penang-mingle
Brought to you by the same people behind The Expat KL Mingle, the Penang chapter hosts a mingle every two months at different bars/restaurants around Penang. Pre-registration required.

The Expat Group Events
http://www.theexpatgroup.com/events.php
Apart from their hugely popular Mingle events, The Expat Group also hosts wine nights and special focus events catered to different interest groups. Keep checking their site for updates.

Featured image credit: expatgomalaysia.com

Register a Business or Company in Malaysia as a Foreigner

company-registration-malaysia-foreigner

According to Malaysia Business Advisory, all foreigners can now register a company in Malaysia, although this is only applicable to Sdn Bhd (Sendirian Berhad or “Private Limited” in English to mean “limited by shares”) type of companies.

Want professional help registering your company? Servcorp Malaysia offers the best help on registering companies in Malaysia as a foreigner.

http://www.servcorp.com.my/en/business-registration/

Featured image source: smeloanmalaysia.biz

List of International Schools in Malaysia

international-schools-malaysia

Search a list of international schools in Malaysia by state so you can find one closest to you. Do check back often as we keep adding on to this list!

Kuala Lumpur

Alice Smith School
http://www.alice-smith.edu.my

Australian International School Malaysia (AISM)
http://www.aism.edu.my

Garden International School
http://www.gardenschool.edu.my

IGB International School
http://www.igbis.edu.my

Mont Kiara International School
http://www.mkis.edu.my

The International School of Kuala Lumpur
http://www.iskl.edu.my

The British International School of Kuala Lumpur
http://www.britishschool.edu.my

Selangor

More to come!

Penang

Dalat International School
http://www.dalat.org

Prince of Wales International School
http://www.powiis.edu.my

Pelita International School
http://www.pelitaschool.edu.my

St. Christopher’s International Primary School
http://www.scips.org.my

The International School of Penang (Uplands)
http://www.uplands.org

Featured image source: gardenschool.edu.my

List of Expat Associations in Malaysia

expat-groups-malaysia

Want to connect with other expats in Malaysia? No matter where in the world you’re from, here you’ll find an expat association in Malaysia full of others just like you.

InterNations Malaysia
http://malaysia.internations.org

American Association of Malaysia
http://www.klamerican.com

Association of British Women in Malaysia
http://www.abwm.com.my

Association Francaise de Malaisie (French Association of Malaysia)
http://www.afm-kuala.com

*Featured image source: penang.expatgo.com

Rent Property in Malaysia as a Foreigner

room-for-rent-malaysia

Renting property in Malaysia is a fairly simple process. As a foreigner, you don’t need to provide complicated documents or financial records to the landlord. You are, however, may be required to provide (but not restricted to) any of these documents prior to the agreement:

  1. Identification
  2. Supporting visas
    Student visa for international students
    Work permit for foreign working professionals
    MM2H application details for retirees/visitors living in Malaysia under the Malaysia My Second Home program
  3. Some form of financial record

Ready to look for a place? Start searching for properties for rent or if you’re a student or prefer to stay with others, you may find a room for rent instead.