Blueroselady's Weblog

I wish you abundant happiness, health & wealth

Search Results

Persevere not only for 10,000 hours but for 10,000 years

leave a comment »

Book: Outlier The Story of Success
Author: Malcolm Gladwell

Sometimes ago we had this discussion on the book Outlier. I remember the book, but when I have to explain to somebody else, an instant blankness happened.
Gladwell explains that reaching the 10,000-Hour Rule, which he considers the key to success in any field, is simply a matter of practicing a specific task that can be accomplished with 20 hours of work a week for 10 years.

Genius is not the only or even the most important thing when determining a person’s success.
Christopher Langan = a man who ended up working on a horse farm in rural Missouri despite having an IQ of 195 (Einstein’s was 150).
Langan has not reached a high level of success because of the environment he grew up in. With no one in Langan’s life and nothing in his background to help him take advantage of his exceptional gifts, he had to find success by himself.

SUCCESS = is not exceptional or mysterious. It is grounded in a web of ADVANTAGES and INHERITANCES, some deserved, some not, some earned, some just plain lucky.

A scientific genius is not a person who does what no one else can do; he or she is someone who does what it takes many others to do. The genius is not a unique source of insight; he is merely an efficient source of insight.

In 1984, a young man named Malcolm graduated from the University of Toronto and moved to the United States to try his hand at journalism.

Some poets do their best work at the beginning of their careers. Others do their best work decades later.
A painting done by Picasso in his mid-twenties was worth, he found, an average of four times as much as a painting done in his sixties. For Cézanne, the opposite was true.

What can we learn from Malcolm?
1. uncommonly clear writing style. “There is beauty in saying something CLEARLY and SIMPLY.”
2. keen eye for a story.
3. No matter what age you are, you can always produce innovations and best work. Think of the Cezanne and Picasso story.

Written by blueroselady

September 7, 2010 at 2:17 pm

Ten Inspirations from Dato Sri Tahir: an entrepreneur & banker

leave a comment »

Dato Sri Tahir / 翁俊民 is the founder of the Mayapada Group, an Indonesian-based conglomerate.

Literally, Mayapada is an imaginary kingdom in Mahabharata.

I first knew Tahir through Forbes. He was born in Surabaya on 26 March 1952.

Below are ten (10) inspirations that I learned from him:

1. Dare to dream.
To quote Tahir, "One is not afraid of failure, one is only afraid of being fearful to dream. Life is like a competition / race with many participants and few winners. If you do not run faster than others, you will never win prizes"

Transform our dreams into our beliefs & vision / 异象.
With vision, we can exercise self-control.

2.Turn adversity into advantage / 逢凶化吉.
Once I attended a talk by Professor Lui Pao Chuen who also advocates turning adversity into advantage.

In the words of Tahir, "I come from a poor Chinese family," the tycoon says of his roots. "My parents used to make becak (a three-wheel rickshaw / pedicab). My father would assemble the parts while my mother painted them."

3. Be resourceful & courageous to make positive use of our resources.

"His wife, Rosy, the daughter of another Indonesian tycoon, Mochtar Riady, recently started h2h Charity, which has a vintage shop in Jakarta, proceeds from which are donated to help provide schooling for underprivileged children in Indonesia."

Tahir’s father-in-law rescued him from bankruptcy in 80s. Having wealthy (and most importantly keen & willing to help) family or friends may be helpful.

Sometimes, we may know wealthy associates but the timing and place are not right for them to assist us.
Do not blame them.
When the people, timing, and place (the spatio-temporal dynamic context) are right,
and we obtain assistance in the forms of any or some financial ($), intellectual resources,
these people become 贵人.

Make positive use of 贵人, even the best universities and Google stand on the shoulder of giant.

4. To win,
one must continuously learn, absorb, observe, and practice.
自强不息, 力求上进.
Practice makes perfect.
Practice creates talent.
It takes 10,000 hours of practice to give birth to an exceptional talent.

5. It is essential to pursue and support education.

Tahir’s Formal Education:
2008 : Obtained Doctor Honoris Causa (an honorary doctorate degree) from Universitas Tujuh Belas Agustus 1945-Surabaya (Major in Small and Medium Enterprises)
1987 : Obtained Master in Business Administration with GPA 4.00 from Golden Gate University, San Francisco, USA.
1976 : Obtained Bachelor’s degree majoring in business from Nan Yang University, Singapore

Tahir has also been appointed as a Board of Trustee at the University of California, Berkeley, becoming the first man from Southeast Asia to hold this position.
On April 2011, Tahir donated $1 million to the University of California, Berkeley for international student fellowships for students in the fulltime MBA program at Berkeley-Haas.

In my humble opinion, education is not entirely equal to schooling. I will write more about their differences.

6. Abide by the rules.
Competition has rules.
If one does not follow rules, s/he will face extinction.
Tahir cites an example using his banking business that strictly follows rules and regulations of the banking world.

"The Mayapada bank went public at the Jakarta Stock Exchange and weathered the 1997 economic crisis (when many banks became bankrupt due to not following rules) and managed to expand even more aggressively after the crisis. With foreign investment partners from the US, UAE and Singapore, the bank now has over 100 branches throughout Indonesia, and in 2007 has been voted as the second best public bank outside state-owned banks by InfoBank magazine, an influential banking magazine in Indonesia."

Though rupiah (IDR) collapsed in 1997, his bank (The Mayapada Bank) was spared because it was small and had not borrowed in US dollars.

7. Self-know.
Know ourselves, our strengths and weaknesses.
Know our level of competence.
量力而为.
If you are of 50 kg, you should not compete in the 100 kg class.

8. Win over your greatest enemy: yourself.
The only challenge Tahir faces, he says, is within himself: "I have to overcome my selfishness, my improper ambitions and greed."

Tahir could say so because he has successfully journeyed through the climb.
For many of aspiring entrepreneurs,
we first have to overcome laziness, faulty pride (e.g. the need of approval from others), negative mindset.

9. Build strong & solid platforms / foundations.

To quote Tahir, "I don’t build deals, I don’t build transactions … I build foundations or platforms."

Tahir has built the following platforms:
financial services (Mayapada Bank, Zurich Insurance Indonesia and Nipponkoa Indonesia).
Duty Free Shoppers.
real estate business (several buildings in Jakarta, hotels in Bali and Batam, and a new tower in Singapore).
healthcare (Mayapada Hospital).
media (Guo Ki*, Forbes Indonesia, Topas TV).

* the largest Chinese newspaper in Indonesia, with a circulation of 30,000 copies.

10. Make others happy, especially let others happy in their last moment.
Perhaps Tahir has lived long enough (as compared to young students) and seen many death to say: "The most enjoyable moment of my (life) is when I help people, especially when you give pride and honor to a person who is in a crisis in (the) last moment of his life."

If you find my writings are inspirational to you, please donate to me by clicking here.

Written by blueroselady

May 20, 2013 at 6:57 am