Monday, October 13, 2003

[Category-Sillypore]
entrepreneurship in singapore
the so-called entrepreneurship in singapore comes in 3 flavours:
a. hawkers
b. pasar malam
c. mlm (multi-level market/ network marketing)

just some random thoughts on this topic. unorganised. shooting off.

1.mentality.society
The mentality of singaporeans; we are unable to accept fellow successful singaporeans.
most frequently heard: "blah! that is nothing new, anyone can do that."
most fequently asked: "why not me?"
we do not take kindly to people who are more successful than ourselves.

why? that is something i can't explain fully.
maybe it is the way the society is; we are surprised abt how people can succeed in this system/society.
this is something that is happening in all sectors. for example, singapore born artiste/singers have to make a name for themselves in overseas markets; before being taken seriously locally.

this should relate to hawkers too.
the simplest explaination is not all succeed. and to a certain extend, we look down on hawkers. of cos every other day, we do see people attempting to start their own food business and closing down within the next 3 months.

2.govt.everywhere
another reason for "failure" in all other career options is how deeply the GLCs have entangled into our society. the pie is limited. and when everyone is trying to grab a piece; pieces never will get very big. ask the GLCs... how many of them set-up a technology company/subsidy during the dot-com boom years.

3.suckers.everywhere
mlm is probably the up and coming career of choice.
due to lack of actual employment opportunities in the market.
IMO, this is why mlm succeed; "suckers"
the perfect career for singaporeans.
the sellers is one happy person, when he find someone as a downline/buyers of his products; the buyers are not exactly happy campers but singaporeans always think positive! we believe we can find more suckers.
too bad, our population is lacking in size, if not, i believe we would see some really rich MLMers. our population size keeps this in check.

4.stalls.everywhere
a very popular scheme for shopping centres to attract the crowds.
a truly waste of human time, but relatively successful.
cos we singaporeans love a good bargain. think of it more of a "fun" thing/ sideline;PLEASE.
hawkers will barely succeed in singapore, not with rentals amounting to a huge part of the business cost.

google a