Tuesday, April 03, 2007
Entrepreneur Action Program
Headed down to International PLaza for the Entrepreneur Action Program(EAP) priview seminar. The seminar was headed by Wendy Kwek, Spirit of Enterprise Award 2004! Shes really captivating and has a vast knowledge with regards to business.
She flashed a statement which goes something like this; " Up to 95% of businesses fail after the first 5 years". She explains, "Before a person can buy a car and drive on the road, he/she has to pass basic theory then advance theory, go through practical lessons then pass TP. In this manner, we have safe smooth traffic, if not we would have accidents all around". So like wise for business, we should have the same system. In Singapore as long as we are 18 years of age, we can register a company and start a business legally. We do not need to be go through proper training and certify ourselves as proper businessman before doing so, thus failure is high. This i highly agree.
Her boot camp is unique as its very action based. Lots of activities for us to apply what we have learnt. Her course cost around $4000, which i cant afford to give right now due to other business commitments. Theres a contradiction here, cause she will always mention we can start up profitable business with no or lil capital. They will teach us how in this cost. Think again, i paid $4000 to start up a profitable business. Its worth though. For more info, just contact me.
She flashed a statement which goes something like this; " Up to 95% of businesses fail after the first 5 years". She explains, "Before a person can buy a car and drive on the road, he/she has to pass basic theory then advance theory, go through practical lessons then pass TP. In this manner, we have safe smooth traffic, if not we would have accidents all around". So like wise for business, we should have the same system. In Singapore as long as we are 18 years of age, we can register a company and start a business legally. We do not need to be go through proper training and certify ourselves as proper businessman before doing so, thus failure is high. This i highly agree.
Her boot camp is unique as its very action based. Lots of activities for us to apply what we have learnt. Her course cost around $4000, which i cant afford to give right now due to other business commitments. Theres a contradiction here, cause she will always mention we can start up profitable business with no or lil capital. They will teach us how in this cost. Think again, i paid $4000 to start up a profitable business. Its worth though. For more info, just contact me.