Kevin Hui’s latest ‘Ambatch’ blog post is titled “After 8-month holiday, what I’m going to do”. [Blog]


Kelvin Hui’s latest ‘Ambatch’ blog post:

After 8-month holiday, what I’m going to do….

It’s a long but meaningful holiday. My son was born and I saw how he grew.

Today he’s 6-month old. He cries and laughs loudly.

In the previous 8 months, I did nothing on my business. Indeed, I kept building relationship and connections in mainland China from local entrepreneurs, bankers to government officers. I observed their behaviours in business operation and explored the rooms for me.

I found it.

My wife and I decide to build our business in China. We buy an apartment in Guangzhou and start up several projects. Most of them are unrelated to internet or technology. Anyway, they are still a kind of investment.

To acquire a right business, it is not easy. At least, you need to make a shortlist from a group of candidates. So I find my previous working partner Success Resources to do me a favour. Public event may be one of the right media to explore the interesting businesses.

Apart from China, another project in country level will be setup in mid-2008. The location is in Thailand. The orientation and operation model will be finalized within months.

During these processes, I find that I’m not a real easy-going person to work with. I am too conservative in every steps especially for the risk and capital management. If I feel the odds are not enough, I prefer to give up the project.

I saw a lot of new entrepreneurs from Asia to North America. One of their weakness is they are unable to manage the operation risks of the project. They always say “I think…I think….I want to be big….”. They always “think” and “want”, that’s why they stay at the same place up to now.

They expect me to help because my name is big. Guys, my name is not big and I don’t intend to do it. You think I’m big….but honestly I am just a normal person, like you.

“Help”. There is no free lunch. If you are looking for partnership, you must motivate us how we can get mutual benefits from the project. It’s business, not charity. No experienced businessman love to “help” without benefit.

I write something above, because I received too many invitations last 8 months. I think it is better to tell you what I think. When you approach the other party (expert or higher level), remember my words. They can help.

After 8-month holiday, what I’m going to do….…

Ambatch Blog

*This article was submitted by Kelvin Hui.

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