KhmerTalks: Winning in business.01 dec2012
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Mr. Somethearith Din discusses entrepreneurship and business success. He outlines 14 aspects of an entrepreneurial mentality including passion, imagination, courage, positive thinking, and attention to details. He describes expanding his spa business from 1 location in 2011 to 5 locations by 2012. The document also covers business requirements and issues to consider such as expertise in products, legal issues, cash flow, leadership, and vision. In closing, Mr. Din encourages the audience to pursue their dreams with courage.
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KhmerTalks: Winning in business.01 dec2012
- 1. Winning in business By Mr. Somethearith Din, Co-founder, The Frangipani Villa Hotel Group The Plumeria Spa Phnom Penh, Dec 01st 2012
- 2. Somethearith Din, born in Phnom Penh - 1992-99: Ba. of Architecture, RUFA, PP - 1994-98: Worked at architecture firm, part time, IKH - 1998-00: Worked with UN-Habitat, intern and technical assistant - 2001-02: M.Sc. Urban Management, AIT, BKK - 2002-07: Consultant for WB, Cities Alliance, ADB, JICA, DANIDA, UN-Habitat, UNDP, UNESCAP, etc. - 2003-11: Part time lecturer, Norton University, Architecture Dept. - 2007-10: Country Manager, UN-Habitat - 2007: Started part time business - 2010: Stopped work for others, Financial Freedom - 2010- Present: Entrepreneur
- 4. The Plumeria Spa 1st branch, 2011 2st branch, 2012 3rd branch, 2012 4th branch, 2012 5th branch, 2012
- 5. Contents I. Entrepreneur mentality 1.1 Passion 1.2 Imagination 1.3 Courage and determination 1.4 Mindset (Positive thinking) 1.5 Think big (dont be average and be the champion) 1.6 No short cut 1.7 Smart move 1.8 Business is a team work (solidarity and sharing) 1.9 No excuse (dont lay the blame) 1.10 Ability to solve problem and serving more people 1.11 Networking and Ability to deal with people 1.12 Be focus 1.13 Branding 1.14 Little thing that matter II. Business Requirement III. Issues to be considered in Business
- 6. I. Entrepreneur mentality 1.1 Passion
- 7. 1.2 Imagination "The truth of a theory is in your mind, not in your eyes" Albert Einstein "Imagination is more important than knowledge" Albert Einstein
- 9. Some stories: - Bill Gates' in-law joke story - Chao Chak Smok
- 10. 1.3 Courage, determination, and never give up "You can have anything you want if you will give up the belief that you can't have it." Robert Anthony
- 11. 1.3 Courage and determination (cont)
- 12. 1.4 Mindset (Positive thinking) If you want to change the fruit you have to change the roots
- 13. 1.4 Mindset (Positive thinking)- cont
- 14. 1.5 Think Big (dont be average and be the champion)
- 15. First prize
- 16. Second prize
- 17. Third prize You are fired !
- 18. 1.5 Think Big (dont be average and be the champion)
- 19. Nature of Career/ Business, so dont be average Blue Ocean (10%- 20%) Red Ocean (80%-90%%)
- 20. 1.6 No short cut
- 21. 1.7 Smart move
- 22. 1.8 Business is a team work (solidarity and sharing)
- 23. 1.9 No excuse (dont lay the blame) and never give up
- 24. - 7 up story - Thomas Edison - Henry Ford
- 25. - Donald Trump (used to owed bank $9,000,000.00) - Robert Kiyosaki - (used to be homeless)
- 26. - Richest man in Babylon - Honda - Bill Gate
- 28. 1.10 Ability to solve problem and serving more people
- 29. 1.10 Ability to solve problem and serving more people (cont)
- 30. 1.11 Networking and ability to deal with people - Relationship makes you have capital - Relationship makes you have more alliances - Relationship make you have a lot of experts - Relationship will give you chance to learn from other - The most successful person in the world are those who can deal with people
- 31. 1.12 Be focus "The sun's rays do not burn until brought to a focus" Alexander Graham Bell
- 32. 1.13 Branding - You, your staffs, and your products are what your brand is - Interpersonal and intrapersonal - Brand will lead you to success or failure
- 33. 1.14 Little thing that matter Business prisoner: - I must do everything by myself Business owner: - I must find someone to help me to do that . Ex1: Everyone can fly (Air Asia) . Ex2: User paid (Tune Hotel) . Ex3: No MSG food, Healthy Food, (Park Cafe, City Suki, etc.) . Ex4: Touch screen telephone and I pad . Ex5: Ly Hour or Huy Kaing Exchange
- 34. II. Business Requirement Technique (Knowho w) Management Entrepreneurship
- 35. III. Issues to be considered in Business Expertise - Products (Processes) - Legal - System - Networking/ sell - Cash flow General knowledge - Leadership - Team - Vision
- 36. Thank you very much for your attention! Good luck and be courage! Cambodia We Deserve! For further communication sometheareach@yahoo.com, 092 222 180 www.frangipanihotel.com www.frangipanivillahotel.com www.frangipanipalacehotel.com www.frangipanilivingarts.com