Building an Indestructible Team

“Adrian, how do I build a powerful team? I understand a strong team can bring your company to the next level, but what criteria should I look for in a person before I accept them to be part of the company? I am afraid to invest in talent that will not bring benefit to the company.”

When you have enough capital, a lot of work can be subbed out. That is a fact.

However, subbing the workload out have its pros and cons. Firstly, subcontractors are never loyal. They don’t know your branding, or what your company stands for, or what you will want, or your preference, or your working hours – just to name a few.

Therefore, there is still a need to build your own team. But what do we look for when we take someone on board, into our team? Now, when we take someone in, we take them with the intention of training and bringing them up to key positions in the company.

We tell them up front – the hours are long, the pay is not what you would expect for your long hours, the work is hard (we only expect the best quality), you will be under a lot of pressure, you will be going to places outside of the state often. In return, if you can produce results, your bonus will be rewarding, and you will have a lot of learning experience.

Hurmm… what we are looking for?

Your work will be showcased on our pages and websites. Besides, just telling people that you have worked with Adrian Wee before – a high-performance individual – will be a great addition to your resume as it should that you can handle a lot of stress.

In order to be part of the team, the employee must demonstrate these three qualities:-

  1. Loyalty ***

Realise that this area is marked with triple asterisks because this is a super important criteria. Without loyalty, doesn’t matter how good an employee is, you cannot take them on board.

Why is this so? This is because they can leave at any time since they are not loyal, but when they do so they are taking away valuable resources like training provided, company secrets, consumer data – just to mention a few.

Your employees will have access to valuable information, and if they leave they will take all these together.

So how do you know if an employee is a loyal person? When you first start an interview with an employee, there is not much data that you can work on besides his resume. How many times has he switched jobs? And for what reason? What motivates him to work? In his purpose and goal in alignment with the company?

However, I always think that loyal is a two-way street. You cannot demand someone to be loyal, but you treat them like s*it. It is just impossible. That is not how it works. I will talk more about how to make an employee loyal to you in the upcoming articles because this is a subject worthy of an article by itself!

2. Teamwork

Many projects in the company cannot be completed by a single individual but as a team. Think of video production. You need to have someone to record it. Another to catch the content and cut it. Another to write on the subtitle. Another to actually post it. Or writing an article. One to write. Another to edit. Another to post it.

Team work and synergy is the key to any successful project

A person who wants to work with me must be a team player. He must be able to operate as a team. Well, that doesn’t mean he must participate in every company’s karaoke or barbeque session (in fact I personally hate those who socialise a lot but can’t produce results – that is called playing office politics).

However, he must be able to complete the work given to him. If he needs help, he must have that relationship with other employees that they are willing to help him, and he is willing to help others. That bare minimum is a must so as not to disrupt the business process.

3. Results

Surprise! Surprise! You would thought this to be at the top, right?

Nope. As long as the individual in question is willing to learn and is able to work as a team, even without outstanding achievements now, there is no telling how far he can go in the future with the right team.

Result is good, but teamwork is better.

That is not to say that results are not important. Just that it is not the first thing that we see when you first join our company. Sure, if you already have some achievements of your own and you are proud to showcase it, we are more than glad to accept you with open arms.

But in our company, a team is more important than any single performing individual. A team with good synergy can bring a company further than a lone wolf. Besides, a lone wolf who outperform others will often be caught in the trap of being too egoistic – he thinks he runs the company alone and everyone else is insignificant. That is not the culture we encourage.

So there you have it! What we are looking for in our team – how we build a great team. If you think you have what it takes to bring our company to the next level, give us a call at 010-200 8828.

We are always expanding and growing. Your contribution is always welcomed. Thank you for reading this article.

Top 5 Reasons Why the “L” Factor is Crucial in Buying Property

We have all heard if time and again – the “L” factor is extremely important when buying property. What is the “L” in question? No present for guessing it right – it’s the “Location, Location, Location!”

Even so, why the heck is location such an important part of the equation? Today, we will walk you through the FIVE most important things to consider when purchasing a property for investment purpose.

As you would have already known, it is always better to buy a run-down house in a good neighbourhood, rather than a good house in a bad neighbourhood. Hey, you can renovate the house, but you cannot renovate the neighbourhood!

Five Factors That Makes Up A Great Location For Your Property:-

  1. Millennials (born between 1981 – 1996)

When purchasing a property, always keep this generation in mind as they make up the bulk of the purchase in the property market. If you are buying a property in an area where there is a high concentration of millennials, it will improve on the chances of the property being sold in the near future.

Young working professionals form the bulk of property purchase

2. Infrastructure (School and Hospital)

Before purchasing a property for investment purpose, it is also equally important to keep an eye on the National Budget and check if there is any schools and hospitals there will be built there in the near future. It is a good indicator that the area will be further developed if there are plans from the government to build such infrastructure there in the near future.

Schools and hospitals are the two most important services for any household

3. Safety Concern

Safety concern is also a vital issue when buying a property. Renters and purchasers alike will tend to shun away areas that are associated with high crime rate and low employment rate. Who would want to stay in an area where their personal safety would be at risk, right?

Eh, eh, eh… we are talking about snatch thieves and some common gangsters, don’t need to send Special Force lah!

4. Transportation

A housing unit close to public transport is also a huge bonus. Many development projects and housing unit leveraged on the MRT line to bump up their prices. With the convenience of ride-hailing services such as GRAB, many people prefer to use the public transport to work rather than to brave through the jam every day.

Dear KL,
Everyday jam, I will also go gila lah!

5. Density

Population density in an area also plays a vital role. If the neighbourhood is dense population, you would want to look out for an efficient public transportation system before you buy. However, ideally, you would want to buy in lower density neighbourhood in anticipation of it rising when public transportation and other infrastructure are being developed.

Final Thought

I personally feel that location might not be such an important factor in the future. This is due to internet connectivity becoming more efficient and many corporations today will want to see results rather than attendance in the office. Therefore, many work-from-home jobs will spring up in the future – and this is in tandem with the expectation of the future working generation (the millennials and generation Z.)

Read THIS Before You Get Into Any Business or Investments

“Oh Adrian, I have RM 30,000 just sitting in the bank. I want to invest. Any hot tips on what property to invest on? Any tips on what business should I venture into right now?”

This is a very common question I get asked by people from all walks of lives. The amount of RM 30,000 might vary, but people basically are asking what business to venture into with the capital that they have.

I always encourage them to get into property investment. I have seen the magic of it. Some did. Some didn’t. For those who didn’t – here is a general advice on how you should invest without ruining your live.

Questions, questions, questions – hard questions without the right answer is disastrous

By the way, the mere fact that you are asking me what to do with your money shows that you have no business idea in mind. It means you have NOT found a problem in the market that you will passionately try and solve.

  1. Up your Skillset

Remember, at the early stage of building your life, you will need to have acquire a skill that people will value and pay you highly for.

This is, however, not your business. You are not doing this out of passion. You are doing it to pay your bills. So ask yourself – what are you good at?

Some people are good at dancing, but they don’t like it. I have met lawyers who are excellent in the courtroom, but they don’t like what they are doing.

The conventional wisdom says you should “do what you like” but hey what if you like cooking but no one would pay you a single cent to eat what you cooked? Yeah, do what you like and pray that your Facebook likes will pay for your bills.

Ask practical question – what skill you have that people will pay you highly for? Enhance that skill whether you like it or not. That is what will give you some form of freedom to venture into other fields.

Everyone have a different number. But I would say that skill must generate at least RM 120,000.00 annually. Anything lower than that you won’t have money to pay your bills or as emergency fund for your business. 

A good samurai spends his entire life learning a skill – it shouldn’t be different for you.

     2. Start a Business

Now that you have a high earning skill, you can now consider building a business. Now this is the stage we talk about passion. Your business must be solving a problem in the market, and you must be passionate in it if you want to do it for long.

I myself started off as an interior designer (a highly paid skill). During my challenging years, my mentor saved me (financially) by encouraging me to get into property investment and I made a comeback. Since then, I realised my new calling in life and that’s to help Small Medium Entreprises (SME) in the market to go into property investment while focusing on earning active income. I have walked the path and made it – there is no reason why others shouldn’t.

What I find most people, even my students tend to do is that they attended a course, overestimate their own capability, and jump into all sort of business like buying properties. If you haven’t even earn enough to pay your bills, how are you going to cope if there is an emergency?

You go around resigning from your job and start a say… car rental business. One fine day a tyre went puncture and F*CK! you have no spare fund to fix your cars. You are stuck!

Financial success requires meticulous planning!

3. Start investing

After securing a high-paying skill and starting a business (which hopefully is running well), you should have some spare cash to play around. This is when you dabble into investments (even high-risk investments) that will give you a high return rate.

The investment itself will make you get rich quickly, but the work behind it – before you can even start to play the investing game – is what you don’t get to see. Always make enough money to pay your bills first before dabbling into risking investments.

General Advice

If you have RM 30, 000 just sitting in the bank and you don’t know what to do with it – consider joining a course. A skill that you have cannot be taxed and cannot be taken away from you.

You need not necessarily join my course – Die with Massive Debt – but join any courses. Always up your skill. Even today at the level where I am, I always invest monies on education to learn from the best.

Good luck and never stop learning!

Love,
Dato’ Sri Adrian Wee

Why Property Investment is the KEY to Financial Freedom

  • Leverage

Let’s say you have RM 30,000 in your bank. You walked to the bank and say, “Hey bro! Loan me RM 270,000 can? I want to invest RM 300,000 in stocks.” It is very unlikely that any sane banker will borrow you the cash – what if the stock is not doing well? Who is going to pay back the loan?

But what if you walked to your “bro” and request the money to buy a property instead (taking a mortgage). Then it is for more likely that the bank will lend you the money. Say you want to buy a house of RM 300,000.

If you invest in stocks and let’s say the stock increase by 10%. Throwing RM 30,000 into the stock (since the bank will probably not loan you any monies), your 10% increment is only RM 3,000. If you buy a house (original purchase price RM300,000) and it increase by 10% – that is RM 30,000 in increment. RM 27,000 more!

But why would the bank borrow you money for mortgage, but not for stocks? We will dwell on that in the next point…

Who doesn’t like a piece of property right in the heart of KL?
  • Stability

Property investment is traditional and is perceived by the banks to be stable. You can liquidate your shares almost instantly these days. Therefore the share market is more volatile. A property needs to be sold before you can get your cash so it is not so easy to get out of the market – thus giving it a sense of stability.

Besides, look at the news these days. How many overnight companies have went bankrupt almost instantly. You went to bed, get up and OPS! Its gone. A property is not the same. You can run, you can hide, but the property will still be there. These days, even if it is burnt there’s insurance coverage.

  • Positive Cash Flow

Get a property that is rentable and you will instantly see the return of your investment on a monthly basis. If your property is rentable at 8% of the purchase price then it means not only are you paying off your mortgage, but there is a steady stream of money flowing into your bank account as well.

Investing in property ensures cash flow

  • Control Over Your Investment

If you are into stocks and bonds, once the price plummets, there is practically nothing you can do except to cry and pray to all Gods in the world that it will go back up. When it comes to property thou – I firmly believe there is always something you can do.

Renovate it. Advertise it. Subdivide it so that it is cheaper. Rent out to a different group of tenants. Anything within your control. Investing in property gives you control and the main point is that you are not going to be a sitting duck when things do wrong.

  • Capital Gains

Australians made their riches in a unique way of property investment. As property prices tend to double up every seven to ten years – many investors made their fortune by a “Buy and Hold Strategy.” Their wealth significantly doubled up every decade or so.

Add this to the theory of leverage above – now you know why property investment is such a profitable investment to venture into?

Still need more tips? I will give you the best tips below. It is really common sense.

Once the space is out – it’s OUT!
  • God is not here to make more space.

Population explosion in South East Asia countries (especially Vietnam with an ever increasing number of youth) means that the property market is here to stay. There might be ups and downs – just like any other investment – but the pro will always make a killing.

Want to be a pro? Join our “Die With Massive Debts” course and we will coach you and provide you with our hot, sexy, irresistible checklist – the “13 Rules” to buy a profitable property in the market.

Saving won’t make you rich, but….

Learn to say No, Learn to Grow Deep

If you say that you have your businesses to be wide all day, because of the money in front of you and you go, you are wrong. So wrong, because money can be earned at any time.


You have to remember this, hit the ground and dig it, when digging deeper into the ground and the water came out, all you need is at that moment, do you understand?

You just want that to point to hit the bottom of the water, do you get it? That hits the bottom, when the water comes out, and that is what we called Persistence.

You can’t say that by moving here and there, because that is not how it works.

A person who wants to be wealthy it is not by saving money, it is simply wrong! A person is wealthy is because he found an opportunity, and that opportunity is permanent. That is the transition point, and a person gets wealthy from here.

If you are talking about by saving money make us wealthy, then let me tell you what is wealth. Even if you save RM50,000 for a month, this person isn’t normal at all, am I right or not? By saving RM50,000 for 12months its only RM600,000. After saving it for 10 years later, it is only RM6,000,000.

What is this!? Do you get what I mean? Even if you take your time to get a little commission from here and there.

Yeah! RM50,000! So what!?After saving RM50,000 for 12months its only RM600,000. Save RM600,000 for another month, and after 10 years its only RM6,000,000.

That is the conversion point. Because my eyes are aiming straight forward, and I can see it very clearly for that what I want.

“So, when you go out you have to say,

No! No! No! No! No! No! No! No!

Because my goal is here!

No! No! No!

It’s over here!”

Understand? I have to dig deep, till the water comes out, and that is mine. So, it’s not every day by flying butterfly here, flying butterfly on the other side. You are over if you are still flying butterfly too.

Look at those online social media influencers, I’m not cursing them, I dare to tell them. I saw all of them together flying to here and there. Have you ever seen me flying around like them? No way, I don’t travel around like them, understand?

No matter how hard they work, they are still the same. For us we must learn to say No! Because I don’t have time. When I was really going forward, drilled a hole and let me tell you that when the water comes out, It will never stop nor finished.

You have to react this way, often many people just don’t get it.

做生意不要做宽,要做深!

老师的短视频分享,希望可以帮到各中小企业老板。
有时候,做生意不必那么复杂,
简简单单就好!
因为越简单就越容易经营!
加油!

Should Young Graduates Buy A Car First or A Property First?

There are many arguments and question on this: As a young graduates, should I be investing in a car or should I invest in a property first?

Of course, there are many would agree and say that as a young graduates, you must buy a car first instead of a property!  But, teacher Adrian Wee beg to be differ. I would suggest Young Graduates to buy a property first, then only buy a new/2nd hand car.

Why?

For example: By investing a RM300,000 worth of property, property is practical and can be rented out upon owning it.

[Worst case scenario: ]

The monthly repayment back to the bank for a property worth RM300,000 is around RM1,500 per month.

If the rental income is less than 1, 500, and instead you only manage to rent out at RM 1, 000 only, so force saving from personal pocket would be RM500. This rental income can then be reported as an income in our bank and income tax. Just declare the collected rental income + force saving of RM500 = RM1,500 to the bank. By doing so, we are telling the bank that the property is generating income itself and this will helps to increase the Debt Service Ratio (DSR) in the bank system.

Once you have done so, your DSR grading system in the bank is positive and then you can opt to buy a new car or a 2nd hand car for yourself. If not, wait for 8 years to 10 years as the property increases in value, you can sell or refinance it. This topic will be discuss separately.

[What if I Buy a Car first? ]

Let’s say if you choose to buying a car first, the car that you have bought cannot be rented out or generate any income to increase your Debt Service Ratio DSR point system in the bank. By then when you want to buy a property, bank might value you as high risk and loan approval would be quite difficult then.

Furthermore, property has investment value in long run game.
The increasing in salary is far behind compare with property price. Property value increases due to 7% inflation in the market, proven with records.

In the next five years, the price of the property will has increase from RM300,000 to RM400,000 – RM450,000 , you have earned 100K – 150K by then when the property value increases;
By then you can sell or Refinance it to buy a NEW Car right?

Hope this small sharing would give value to all of you!
Do share, tag your friends and even spread to your LOVED ONES!

Facebook 面子书的 “LIKE” 或“赞” 是实际的吗?

Facebook 面子书的 “LIKE” 或“赞” 是实际的吗?

很多人都会特别的注意,诶,为什么我的 Facebook Post或帖子放了没有人 LIKE或按赞的呢?
这应该是大多数人会注意或特别在意的部份吧?但如果这是你判断成功的唯一方法,那我觉得就错了。

市场上很多人把大量的精力投入在广告,
而且一直想得到很多的 “ 赞 ”。

打比方说:如果您是一名培训师,教导内容在整个培训生涯中都发挥了巨大作用。
你必须通过有效的辅导课程帮助其他培训师做同样的辅导课程。
让更多人因为您的教导受惠到;并开发了很多的跟随者 (Followers);
也同时因为这样他们要模仿你,学习你为他们的榜样。

老师记得我的社交媒体导师曾经这么说:
“事实上,又是你本身在社交媒体看到很多贴,
很多的video,很多的照片,你会 按赞,但是您是不会模仿他”
“但有时,您看到一些教导的贴,您学习到,你也会按赞,
但您想学习他的脚印;要模仿他;崇拜他“

在这例子,我们应该学习的是:要培养一般要和我们一样的人;
要学习像我们一样的;当我们是他的榜样的, 而不是喜欢我们而不想要跟随我们脚步的一群粉丝“

记得:一定要影响下一代的年轻人,放贴不是为了更多的“赞”或 “LIKE”
但是是要为了祝福在读或看您贴的人!

加油!