AbangAbu had signed an MOU with AeU ( Asia e University) to develop and conduct a diploma program of PERSONAL FINANCE and SMALL BUSINESS. This will be done together with few professors and professionals.

The program will be very unique in its contents as well will be made practical, There will be marks and points will be given but no exams. The points can be use to do MASTERS programs in future. Beside that we are proving a real plan for action in the duration of the program which is 10 months,

This will be a great program for all those who are running small business, or those who want to start something small. Than this will be a great program .

We will provide more info soon.

Salam

SOALAN :Apakah yang paling penting untuk kita lakukan?

JAWAPAN: Dapatkan ilmu kewangan.

AbangAbu amat yakin bahawa 2012 akan menjadi satu tahun yang terbaik untuk anda sekiranya anda mendapatkan ilmu ilmu kewangan dalam mengharungi masa masa sukar 2012. Ilmu ilmu kewangan seperti membuat bajet, pengurusan kewangan, pelaburan, serta idea idea penjanaan wang  harus diberikan perhatian.

Jika anda masih lagi bingung dan tidak mahu menimba ilmu kewangan maka , anda akan terus akan menjadi lebih tertekan. Walau pelbagai bantuan yang diberikan oleh pelbagai pihak , masalah anda akan tetap sama dan tidak akan berubah jika tidak mendapatkan ilmu ilmu kewangan.

Jadi fokuskan pada tahun ini anda akan terus menimba ilmu ilmu kewangan.  Hadiri seminar seminar kewangan, baca majalah majalah kewangan dan buku buku kewangan dan teruskan amalan suka menyimpan.

Ini lah ayang harus dilakukan. Tiada lagi memberikan alasan walau selogik mana sekalipun alasan anda. Ilmu kewangan lah yang boleh membantu anda dalam tahun 2012 in.

Sebagai , memberikan anda sesuatu yang baik untuk dimulakan adalah dengan mendapatkan satu satunya DVD saya yang dihasilkan untuk membantu . 8 jam DVD yang akan membuka minda anda serta memberikan ilmu ilmu kewangan yang unik ada disediakan untuk anda, Jadi ambil peluang ini.  KLIK untuk maklumat

AbangAbu ada beberapa update yang harus diberikan kepada anda semua. Mungkin kerana kesibukan tak dapat AbangAbu update blog www.abangabu.com

memang banyak betul yang berlaku dalam seminggu bermula 2012, Alhamdullilah.

Kolej Kolej , IPTA , Universiti tempatan , AbangAbu sudah mula mengembangkan sayap team AbangAbu ke institusi pelajaran tinggi, Program keusahawan dan kewangan seperti Kem Bisnes bersama AbangAbu , Talk talk di universiti sudah mula berlangsung. KOLEJ PROFESIONAL MARA , seperti Kolej Profesional Mara Beranang telah menikmati hasil program dan akan terus menjadikan Kem Bisnes sebagai acara tahunan insya allah. Kolej Profesional Mara Bandar Penawar pula melihat lonjakan peserta yang menyertai PNS ( persatuan Niaga Siswa ) lebih 50% dari tahun 2011 setelah talk AbangAbu di kolej mereka. Jika anda ingin mengadakan program keusahawan atau kewangan sila hubungi AbangAbu di facebook atau email abangabu@nowasia.sg

Sambung esok

K.L

K=Knowing People – This is something very important to do business in any part of the world. And in KL this will be a very great advantage for business people. So before doing business in KL do get to know people and resourceful contacts. Keep building your contacs in KL

L=Leverage – When you would like to do something always do it with someone who already doing it. Join them , work with them or create synergy with them. This is the best thing rather than trying out on your own.

JKT

J= Just Do it – Something interesting in Jakarta is about just do it. And it will always need adjustments on the journey. There will never be a perfect plan that you can follow. You have to just begin and adjust on the journey as how perfect your plan can be , you will face time to change your plans when you do business in Jakarta.

K= Keep Doing – The secret of getting bigger success is about keep doing what been working for you and get it bigger by expanding or grow it. That is the key for your business to get the momentum and stay strong in the industry.

T=Tradition – What i mean with this , to be in the indonesian market and get support from domestic , than you have to be traditionally blended with whatever your concept be. Tradition is one of the strong reason for locals to support. These is because indonesian are the most patriotic among all 3 capitals. So blend everything with tradition and your business will score better.

SG.

S= Skill - If you want to do business in Singapore than make sure you have some skills that the locals lack of. And one thing that i notice that the locals lack compared to the other 2 capitals is the skill of taking risk . So develop that skill of taking risk when you enter singapore for business.

G= Good /Great – And to score big in Singapore than make sure you and your business are good even better great. This is what the people of singapore will look for. The price is always secondary for singaporean in general, but quality come first. So thats the secret in making it big in Singapore.

AbangAbu have give you some tips and my own personal observation about what you need to do or develop to succeed in these 3 capitals.

Do comment if you have other things that can help my readers too.

Till see you again soon.

AbangAbu really feel that Indonesia is a market that we need to seriously look into, as it has the potential to be the  global player in many things. And the best part is that Indonesia offers 3rd biggest domestic market.

So guess what? AbangAbu will be soon seen many places in Indonesia , hmmmm looking into developing products for Indonesian market,

2012 —- take a look at the indonesian market…..

I been studying many of the successful people what the secret behind their success. And I got some thing interesting. They act DIFFERENT and that is the reason of their success. So the secret is DIFFERENT.

What can we do to be DIFFERENT and be successful too. The answer is be DIFFERENT. So lets get started with DIFFERENT.

D= Define Specific Goals

What this means is that many successful people define their goals and target with specific details whereas the not successful people will have goals that are not clear. Example , its always better to have a goal of “lose 10 kg” rather than “lose some weight” . Knowing what you want clearly will keep you motivated till you get it there.

I= Increase Chance of Success

Successful people seize the moment by doing the plans in advance. They decide when and where they will take each action and step. Research shows that planning will help your brain to detect and seize the opportunity when it arise . This will increase your chances of getting what you want by 300%. So get yourself planned.

F=Forward Looking

They have forward looking attitude by engaging positive energy in them as well this build confidence and believe to keep going and getting the result they want. Again they plan by acknowledging that success will never come easy without planning. So plan forward clearly that motivates you. “Look at the sun and the shadows falls behind”

F=Focus Getting Better

One of the thing that successful people do different is that they focus on doing something better than anyone else. Believing you have the ability to reach your goals is important, but so is believing you can get the ability. Many of us believe that our intelligence, our personality, and our physical aptitudes are fixed — that no matter what we do, we won’t improve. As a result, we focus on goals that are all about proving ourselves, rather than developing and acquiring new skills.

E = Everlasting Grit

Grit is a willingness to commit to long-term goals, and to persist in the face of difficulty. Studies show that gritty people obtain more education in their lifetime,

The good news is, if you aren’t particularly gritty now, there is something you can do about it. People who lack grit more often than not believe that they just don’t have the innate abilities successful people have. If that describes your own thinking …. well, there’s no way to put this nicely: you are wrong. As I mentioned earlier, effort, planning, persistence, and good strategies are what it really takes to succeed. Embracing this knowledge will not only help you see yourself and your goals more accurately, but also do wonders for your grit.

R= Rebuild Willpower

They keep re building their will power with taking up new challenges. To build willpower, take on a challenge that requires you to do something you’d honestly rather not do. Example of giving up high-fat snacks, do 100 sit-ups a day,  try to learn a new skill. When you find yourself wanting to give in, give up, or just not bother — don’t. Start with just one activity, and make a plan for how you will deal with troubles when they occur (“If I have a craving for a snack, I will eat one piece of fresh or three pieces of dried fruit.”) It will be hard in the beginning, but it will get easier, and that’s the whole point. As your strength grows, you can take on more challenges and step-up your self-control workout. Lets do it and see how your willpower.

E= Enjoy challenges

They love challenges and take it as a platform to improve. They will look for new challenges and find ways to go thru it.

They will have fun while doing what they suppose to do. They just enjoy every moment going thru the challenges.

N= Never temp Fate

No matter how strong your willpower muscle becomes, it’s important to always respect the fact that it is limited, and if you overtax it you will temporarily run out of steam. Don’t try to take on two challenging tasks at once, if you can help it (like quitting smoking and dieting at the same time). And don’t put yourself in harm’s way — many people are overly-confident in their ability to resist temptation, and as a result they put themselves in situations where temptations abound. Successful people know not to make reaching a goal harder than it already is.

T = Track Your progress

Achieving any goal also requires honest and regular monitoring of your progress — if not by others, then by you yourself. If you don’t know how well you are doing, you can’t adjust your behavior or your strategies accordingly. Check your progress frequently — weekly, or even daily, depending on the goal.

AbangAbu sure that with these different that you take in your life you are in the correct direction of achieving success.

In the program we had also listen to 2 successful entrepreneurs who share their business journey and ultimately both of them emphasis on the important on saving and creating that positive cashflow and reserve in business.

What you think the most important thing in a business. Do comment your thought….

After some studies and conducting workshop, I would like to share tips on creating wealth. To build your wealth just get into this WEALTH tip.

So how to create wealth… Just get WEALTH with this tips below.

W= WANTING

Wanting to be wealthy is important and the most important step in getting wealthy. Many of the people who are not getting wealthy have the fear in them to get wealthy. So it will be important to ask yourself the question what you want? where are you going?  Set your goal in wanting to be wealthy. As a guide and help AbangAbu created MAP2BRICH ECoahcing for you learn in step by step process and plan your journey.

E = EDUCATE

Education / knowledge is key in making money. Financial literacy is the key in making money in today’s economy. Financial worlg becoming even complex and without financial literacy you will be left behind. Get your self up to start read books, attend seminars and talks , as well get into some groups that discuss about money and finance.Ask people you know to explain things to you, and start applying the lessons learned. These lessons include living below your means, avoiding buying on impulse, always trying to negotiate better deals (on cars, cable bills, furniture), staying in your home even long after you can afford a more expensive one, and putting 20 percent of your annual salary into investments. Start with family and friends too. Again MAP2BRICH E COACHING is designed to give you important financial knowledge for you to become financially intelligence.

A = ADD PASSION

Add passion in what ever you do in making money. Many survey been conducted and found that millionaires really passionate about the things they do. They never do things for money as 1st priorities but money is an important priority. They more do things they do because of the passion that they have towards what they do.

So find out your passion and start to work on that passion to create money and wealth. Never get involve in things that never create wealth for you. Get into finding your passion and create business out of that passion. I have created a guide for it . MANUAL Business.

L= LEARN to GROW

Learn to grow your money. Lets put some saving with a sole purpose of creating money and wealth. Be it in retirement fund, side business, property investments. the important thing is pay yourself first.

It is about learning to make your money work for you and start creating wealth. This need coaching and skills too. Attend seminars or get a coach in making it happen for you. Something that you can learn from a webinar on INVESTMENT is coming soon. check it out too

T= TAKE RISK

No Guts,No Glory. Creating and building wealth needs risk taking. You need to do it in order to know if it will work. And you must be prepared to also face challenges and ready with options when that happen.

Every successful millionaires take risk and many had fallen many times. In a recent LiveWire Shell event , i listen to Mr Teo Ser Luck who shared where he failed in many ventures and succeed in 2 ventures that cover up all the losses from failed ventures. Take Risk coming with never Give Up attitude. So dont be afraid to take risk, just make sure it is a calculated risk. meaning you know what will happen if it never happen.

H=Have Spending Plan

According to the 2007 Annual Survey of Affluence & Wealth in America, some of the richest people “spend their money with a middle-class mind-set.” They clip coupons, wait for sales and buy luxury items at a discount. So, if you want to become a millionaire, it’s time to stop the unnecessary spending and start focusing on building your nest egg.  Have a spending plan , AbangAbu have a workbook in english for you to track, trim and train yourself and your family be become a prudent spender. Money Compass.

AbangAbu believe that these tips on creating WEALTH will be useful. So lets build our WEALTH…..

Mempunyai 4 orang anak dimana yang paling tua berusia 22 tahun yang berkerja sambilan di KFC , dan suami beliau berkerja sebagai pengurus stor. pendapatan bulanan mereka adalah $1800.

AbangAbu memang sedar bahawa untuk mengurus sebuah keluarga dengan 1800 di Singapura memang sukar dengan juga kos kos perubatan.

Dalam sesi itu beliau berkongis yang mereka selalu tidak makan kerana tiada duit untuk mereka membeli barang barang memasak.

AbangAbu amat prihatin akan nasib anak anak mereka , apa kah akan terjadi? Ada ini hanya satu satu kes sebegini atau banyak lagi yang menimpa nasib yang sama?Apakah yang harus sebagai masyarakat kita lakukan untuk mengubah nasib nasib orang seperti

kakak Nur Aisah Binte Ibrahim… yang tinggal dikawasan Jurong West. AbangAbu ingin meminta sesiapa yang ingin menderma agar keluarga ini akan mendapat makan yang mencukupi. Anda boleh call kakak ini sendiri sekiranya ingin memberikan bantuan HP:84322434.

AbangAbu memang sedih sangat selepas mendengar cerita beliau dihadapan lebih kurang 55 perserta yang datang. Moga moga Allah akan meringankan beban keluarga ini.

Did you know that with the average small business

*80% don’t last beyond 5 years.

*A further 80% of the remaining 20% don’t last beyond the next 5 years after that.(This means 96% of small business don’t last beyond 10 years).

*1 day per week is spent on bookkeeping and government compliance.

I have had successful business and from unsuccessful business and from my experience,record keeping and retaining financial control over your business,and ensuring that your systems grow with your business,and are carefully planned as it grows,is absolutely critical.

SMALL BUSINESS

With a small business, you may be a sole operator,with a few employees at the most.Many small business owners control the fiances and do their own bookkeeping.This can be mistake,depending on the business.Small business owners have to complete BAS statement every quarter.Their biggest mistake is keeping poor records and making inadequate provision for PAYG income tax.It is important to ensure that expenses and invoices are properly recorded using a system such as MYOB or Quickbooks or something similar.

Usually the financial controller is the owner themselves,with the help of a bookkeeper.