Dr Sundardas’ TOP 5 Business Lessons for 2016

Dr Sundardas is our dear partner and he is an award winning entrepreneur and this is his first talk to share about his tips of running business.

For all my companies.

Every year I look at my notes and records and I review my performance.

From 2012 onwards I got more detailed and specific.

It is these notes and observations that allows me to add to existing businesses and build on them. It is these notes that contributed to my ongoing business innovations and three consecutive entrepreneurial awards from 2012 to 2015.

I made more mistakes and learnt more in 2016 then in the last 10 years.

I have never released these notes before for public consumption. I plan to do that this year for the first time in 28 years.

Some of 2016 Highlights include;

1) Employing more people then before

2) Having a Retreat with all the partners and associates to plan for the next two years

3) Launching multiple businesses

4) Re-creating and Launching the Wealth Creation Blueprint with partners

5) Increasing turnover by 25% when the market was down after being for 27 years.

6) Reviewing previous years performances retrospectively and seeing the hidden gold to mine in the future.(2013-2016)

7) SWOT Analysis for future growth

8) Creating a blueprint to build new businesses

9) Presentations to Royalty

10) Creating a model to build an affiliate system.

You can invite your friends and family subject to seats being available.

When: 25th January 2017, 6.45pm to 9.00pm
Where: SCWO, 96, Waterloo Street, Singapore 187967

Targeted Healthcare IPO at End of Year 2017

This message does not constitute an offer.

I just went to an investment roadshow that features a health group planned listing on Dec 2017 on the Catalist Board. Do note that healthcare IPOs is one of the popular types of IPOs in Singapore.

Their next upcoming roadshow is on 19 Jan 2017, 10-12pm. Upon submitting the relevant information, the venue would be sent to you via whatsapp.

Their USP is that they have integrated oncology that deals with cancer treatment, and slightly focused on wellness.

Looking at the presentation as a consumers, I find that it has some form of a USP (not entirely tested, as I am just merely 1 case study), as other hospitals probably do not provide integrated oncology.

They are in the process of raising their private rounds before their IPO. If you are interested to be considered for their Pre IPO rounds, you may submit your emails and contacts here. Do note that they have to evaluate you for suitability plus compliance to the law.

Put in your contacts if you want to be considered for the event that explains this IPO. You will be duly informed. We regret any submission without a valid contact number would not be considered at all.

Their next upcoming roadshow is on 19 Jan 2017, 10-12pm. Upon submitting the relevant information, the venue would be sent to you via whatsapp.

Do note that this event is not for people to just come and see. You must be prepared to invest, we acknowledge that you can say no to the investment. However, you must have at least S$ 30k – S$ 50k for this event to be useful to you.

KC See educating and sharing knowledge about the advantage of leveraging on capital market & Pre IPO steps

Today I brought my contacts to one of the masters’ presentations on capital market, and also about pre IPO.

Benefits are many. Ranging from securitization of shares, clearer financial roadmap, M&A as a mechanism to expansion.

If you guys are interested in future runs of the events, please enter your name here so that you all can attend KC See’s future events on capital market.

Connect with your facebook account to get updated on the projects handled by Candle Group of Companies & also future blog articles.

fb

If you wish to register using your email account, please proceed on to use this form.


About KC See

Mr. K C See is a Coach, Trainer and an Author. A Chartered Accountant and Chartered Secretary, he holds a Certificate in Direct Marketing from the Australian Direct Marketing Association. K C had his initial training as an auditor in Ernst & Young,before embarking on a career in accounting.

In 1984, K C started his own consulting organization, the Quest Group and has since taken the organization into 6 Asian cities.

In 1989, he went into publishing and launched the Women at Work magazine which was at that time the only English business magazine for working women in Asia.

In 1994 he met Robert Kiyosaki and worked with him promoting Robert’s programs in Asia. He was acknowledged in two of Robert’s book including, “Rich Dad, Poor Dad”.

In 1997 KC started MasteryAsia, a mentorship organization that coach individuals to achieve financial independence. MasteryAsia’s Money Mastery community has over 8,000 members in 22 different countries being coached to build multiple sources of income and achieve their life’s passion.

He wrote five books, one of which was translated to five languages. His latest is “Quest for Excellence: An Asian Executive guide to personal performance, productivity and profits”. K.C himself is featured in “The S-Files- a Compilation of 20 Successful Malaysians”.

K C was popular with his column in a newspaper The Star entitled “Quality through People”. He is a regular contributor to business magazines and has been interviewed on radios and televisions in the region including Channel News Asia. He did a series of Positive Business Minutes for Singapore’s News Radio 93.8FM.

In 1999, K.C. started an e-learning portal, which went to 25 countries in a year and won second prize at the 2001 E-symposium, Singapore.He recently launch another global company NetProfitQuest; focussing on using social media marketing to help SMEs increase sales , leads and clients without increasing their marketing budgets

Specialties: Strategic Planning and Marketing, Training Trainers, Financial Mentorship, Business Coaching, Key Note Address.

Understanding Pre IPO & Know more about upcoming trends like Digital Currency

This event is informed at short notice. I am sorry, as I have confirmation of event only at the last moment.

In any case, my dear friend and mentor, Mr KC See is visiting Singapore today and doing an event in Singapore to explain more about Pre IPO and upcoming trends like digital currencies. He would be sharing live case studies involving his own listed companies.

With bitcoin increasing prices beyond the S$ 1,000 recently, you may just want to know more about this.

His event is 700pm – 930pm, 5 Jan 2017. The venue is near to Clarke Quay MRT station. Exact location would be revealed after you RSVP at the following form.

About KC See

Mr. K C See is a Coach, Trainer and an Author. A Chartered Accountant and Chartered Secretary, he holds a Certificate in Direct Marketing from the Australian Direct Marketing Association. K C had his initial training as an auditor in Ernst & Young,before embarking on a career in accounting.

In 1984, K C started his own consulting organization, the Quest Group and has since taken the organization into 6 Asian cities.

In 1989, he went into publishing and launched the Women at Work magazine which was at that time the only English business magazine for working women in Asia.

In 1994 he met Robert Kiyosaki and worked with him promoting Robert’s programs in Asia. He was acknowledged in two of Robert’s book including, “Rich Dad, Poor Dad”.

In 1997 KC started MasteryAsia, a mentorship organization that coach individuals to achieve financial independence. MasteryAsia’s Money Mastery community has over 8,000 members in 22 different countries being coached to build multiple sources of income and achieve their life’s passion.

He wrote five books, one of which was translated to five languages. His latest is “Quest for Excellence: An Asian Executive guide to personal performance, productivity and profits”. K.C himself is featured in “The S-Files- a Compilation of 20 Successful Malaysians”.

K C was popular with his column in a newspaper The Star entitled “Quality through People”. He is a regular contributor to business magazines and has been interviewed on radios and televisions in the region including Channel News Asia. He did a series of Positive Business Minutes for Singapore’s News Radio 93.8FM.

In 1999, K.C. started an e-learning portal, which went to 25 countries in a year and won second prize at the 2001 E-symposium, Singapore.He recently launch another global company NetProfitQuest; focussing on using social media marketing to help SMEs increase sales , leads and clients without increasing their marketing budgets

Specialties: Strategic Planning and Marketing, Training Trainers, Financial Mentorship, Business Coaching, Key Note Address.

Fund raising without a purpose is an empty experience….

I love it when my client came to visit me, as I have a conversation with him, my thoughts get cleared out.

Yesterday, my client came to visit me and I told him about my past in the areas of funding.

Over the last 16 years, I estimated the government grants I have processed is over S$ 20,000,000 to S$ 30,000,000. It may be more than that, I would not know. And this does not include equity or debt financing I have raised.

I often boast even 14 years back that I can apply for government funding blindfolded, because after you have gotten hold of the major principle, it is really simple to apply for funding for projects.

Yet I told him, that the past 16 years have been the most spiritually empty experience for me. The main reason is that the market does not understand the function of government grants. They often place more importance on the money and not what the grant is for.

I told him although I love to earn money providing a service, I would like to earn money while making a difference to the world. After my work, I wish to be able to say that I have made a difference to a certain industry, a certain company, to my own motherland, Singapore.

After 16 years, however, I cannot say that although I have seen over 16,000 people. I am totally disappointed that the grants market has breeded a whole generation of people who are looking at government handouts before deciding on what to do in their business.

Various of my peers have remarked that our grant system has created a type of Entrepreneurs that only in Singapore that it can exist – Grantepreneurs. When there are excessive government funding, you see a lot of registrations of companies and when the funding subside in size you see those companies dying one by one.

Our government is one of the rarest governments in the whole world. Their grant system is responsive to macroeconomic changes, and if used accordingly and correctly, it would resolve much of the problems we see in our economic structure now (with China making our geographic supremacy a thing of history).

What did our countrymen do in response to the immensely favourable grant system that our government has? It has squandered away an immense opportunity for greatness. When PIC Bonus was in force, money was spent for the purpose of the money and not what the money was spent on.

There was not and still is not sufficient understanding of what productivity is, and what kind of nationalistic, economic and social purpose that it provides. Projects are done just on the sole basis of grant availability.

I am a Practising Management Consultant. Consultant certified by a Board supported by the government to apply for government funding. Various of the bigger grants (Capability Development Scheme for example) require the signature of PMC to get 6 or even 7 figure government grants approved.

Truth be told, for the last 6 years as a PMC, I have not used my signature to apply for any grant that is more than S$ 100,000. Not because I cannot do that, but there is no point. I would not let my signature be used unless the applicant totally understands the crux of productivity and its role and impact to his own company and its social and nationalistic role.

When I was younger, applying for government funding was like a sport. I wanted to prove that I can apply for a certain amount from the government. Just because of what I write, and by putting my signature to it, money gets moved. The power that I felt was immense.

Now in my forties, I had a realization. Just because I can does not mean that I do. I have come to realize that at times suspending the application of funding is more useful and meaningful. If the SMEs could not understand perhaps the little I can do is not to apply for the funding, and be a part of another empty experience.

I have shifted my business to be equity financing. As private investors are less forgiving to errors, they would decide on a funding decision simply based on free market considerations. Grudgingly I have to say that this form of funding is actually more meaningful, because private investors would not stand nonsense. If you tell investors that you need to spend money doing something you have to convincingly prove that it is something that would create value.

This is unlike our government. Government grants are given primarily for the purpose of increasing the SMEs’ capabilities. The consideration is similar to what a father would consider when approving money for the betterment for his child. It is not based on free market considerations. Yet what did the SMEs say about it? That the government is not helping SMEs enough.

Our government is not perfect. Why not go around the world and see which government in the rest of the world actually gives out money like Singapore government?

Perhaps the redemption for us all, is that all forms of funding are to be imbued with a sense of laissez faire free market capitalism. That every dollar disbursed out has to consider all forms of returns to company, society and to country. Perhaps then our existence, and my practice for the last 16 years to have a meaning. And for the rest of my life as a financial professional would have a deeper sense of achievement and contribution.

I would love to be rich. I would also love to make an actual different to society and country.

Raymond Ng,
PMC

China is acting in its best financial and economic future, it did not do what it did because it wants to target Singapore

I am very amused last year that lots of my friends have been telling me that China is diplomatically and economically targeting to undermine Singapore.

It is amusing for various reasons. Firstly, I find it comical that China, a 4000 km country across would consider targeting a 40 km country (Singapore) in its economic policies.

Some say because of LHL’s inclination on the TPP. We just have to do a thought experiment to dispel all these bullshit.

“Are you saying if LHL were to side on China on the issue of TPP, China would have cancelled all its plans about doing a High Speed Railway to Singapore, the plans to cut across Thailand for the canal, and not to invest in harbours along the pacific ocean and indian ocean?”

The answer of course would be a resounding “no”. You are facing a giant that has a will of its own to invest in its economic and financial future. This naturally would have happened.

In the new year of 2017, explore what is the competitive advantage of Singapore that even China cannot displace. Focus on that, expand and invest on your own financial future.

It is better than to picture China, a 4000 km country, is targeting to undermine a 40 km country. There are better ways to spend your time.

Medici – Master of Florence

I have just watched this Netflix production, “Medici – Master of Florence”. It allows me to have an appreciation how finance was constructed.

Medici was the first business / banking families that popularize the usage of double entry bookkeeping method. Double entry bookkeeping method is the de facto accounting method that every company uses all over the world now.

Those who may want to watch this fabulous TV series may subscribe to Netflix to watch it.

If EQ is the basic requirement of success, then EQ is actually not important at all

I think people are reading it too literally about EQ being more important than IQ in determining success.

It is true. Nobody would want to work with an insensitive genius. Intelligence with no capacity of human emotions has no place in the journey to success.

This however points to the fact that EQ is just merely the entry requirement to the game. Entry requirement is the most basic of all. If EQ is all that you have, then you are merely equal to everyone else.

That means unfortunately EQ is thus not important, especially if EQ is all that you have.

Thus, the differentiating factor is IQ, your other capabilities. If a person’s other capabilities are lacking, then he is no different from any other person who has the entry requirement.

Connect with your facebook account to get updated on the projects handled by Candle Group of Companies & also future blog articles.

fb

If you wish to register using your email account, please proceed on to http://candlehub.asia/registration.

His Majesty Anak Agung Ngurah Ugrasena (King of Puri Agung Singaraja) Photograph with Dr Sundardas D Annamalay and Mrs Sundardas (Jacqueline)

I am glad that one of our invested projects, the Wealth Creation Blueprint has experienced some success in Indonesia. Our Director, Dr Sundardas D Annamalay made a short presentation to the royalties in Indonesia. This is the group photograph taken after that event.

Second from the left is His Majesty Anak Agung Ngurah Ugrasena (King of Puri Agung Singaraja).

Third from the left is His Royal Highness Sri Raja Prasetyawan.

You may enter your email address on this form to directly access the system we are using to test the entrepreneurs. We have a free test that you may try out as well. You would know more examples of people succeeding with this innate understanding of their own personality profiles.

Connect with your facebook account to get updated on the projects handled by Candle Group of Companies & also future blog articles.

fb

Business Presentation by Page Advisor

Merry Christmas and a Happy New Year to All. My name is Raymond Ng, founder of Candle Consulting.

Nearing to the end of the year, I am going to organize 1 business presentation at my client’s place. The esteemed Page Advisor led by Mr Fabian Lim. Which would be growing tremendously in the year 2017.

This event would be graced by Mr Fabian Lim, founder of the Company. Mr Inderjit Singh, ex Member of Parliament and an esteemed entrepreneur in his own rights and advisor to Page Advisor. Mr Jamie Lee, Co founder of Lunch Actually, also advisor to Page Advisor.

Page Advisor is one of those very few companies which is structured to be scalable from the design of its business model. It basically means that it can expand its business effectively and productively.

As you may know, Page Advisor seeks to be the online directory for services. An app that helps people access services online the same way online Ecommerce websites allow products to be accessed online.

As far as Ecommerce marketplace is concerned Page Advisor is the first of its kind in Southeast Asia. As its business model has been validated with a strong 75,000 transactions on its app, there is no question that Page Advisor as a business model can address this market gap of an Ecommerce marketplace for services.

As such, before the year ends. We would like to have an event with liked minded individuals who want to benefit from the growth of Page Advisor to listen to a business program that they have.

Date : 29 Dec 2016 (if not able to make it, do still fill up the form below and we would inform you of future sessions)
Time : 12:30pm to 2pm (Registration starts at 12 noon) – Late comers may be denied entry.
Venue : To be disclosed after submission. Near to Orchard Road.
Note : Please have an early lunch before you come. No food would be provided.

Page Advisor is led by Mr Fabian Lim. A seasoned and serial entrepreneur with businesses ranging from training courses, flight school to selling products online.

Mr Fabian Lim is the author of 2 very good books. He has graciously agreed to give the 2 books to all the attendees of the event. The first book is Click!, this book contains a lot of productivity tools for anyone to leverage on technology to do a great business.

The other book is “Science of Getting Rich”.

Board of Advisor consists of the following people.

Mr Inderjit Singh, who is an ex Member of Parliament.

And Mr Jamie Lee, who is the Co Founder of the famous and popular Lunch Actually.

Mr Fabian Lim would be talking about his business, Page Advisor. How he has managed to growth hack it to have over 85,000 members and targets to grow to more countries in Southeast Asia.

More excitingly, he will be sharing his 2017 plans, and how you can potentially collaborate or even partner with Page Advisor from a business and financial perspective – with little to no effort on your part. He will share more details during this event.

2017 may be forecasted as a bleak year to many, but it is going to be a truly exciting year for businesses like Page Advisor as they position themselves to dominate the market and scale up their business – and you could be part of this action!

As this is a highly selective program, we would like to mention that if you do not have a deployable S$ 50,000 to utilize in the business program, it would not be useful for you to attend. You may of course apply to join our merchant list in Page Advisor for free, but the business program going to be presented is highly selective and we are looking for serious individuals only.

If you are interested, please fill up the following form.

If you are interested but you are not able to attend at the above mentioned timing, do fill up your name and we would arrange another timing with you. Do understand that there may not be any future sessions if there are sufficient interest and commitments to our business programs.