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My oldest sister emailed this to me and I absolutely love the photos, I thought I share this with everyone.
Every house has a beach — Architecture @ its best !!
I was talking to someone who is in a position to lend money, he said that an Asian restaurant that he often visits, the owner approached him and asked if he’d borrow money from him. At first, he thought it might be a couple of thousands, but after he learned that it’d be about half a million, that’s no longer borrowing anymore, that’s term money with interest payment and collateral.
This man is highly intelligent and wanted to help, but at the same time wouldn’t take the risk of loaning the money himself because he obviously wouldn’t get it back. He asked for the exact figure, then the borrower went on and explained that he has to care for the whole family, that his sister and her boyfriend needed to purchase a truck because they’re going into trucking business, and another sister needed to buy a house because she doesn’t have a place to live at the moment, but when asked for the exact figure, this person couldn’t come up with one; the deal didn’t go through and now they’re not even on a speaking term.
What kind of impression does the lender have if this is the scenario that’s given, this is more of a visual figure, and he explained to me that he feels like he is being hustled, this is definitely not a way to get a loan and not a good impression. When you ask for a business loan, even from a friend, you have to realize that the answer could also be no, and the information presented in this situation was poorly presented, instead of getting a loan or a potential investor, he also lost a good friend that could have helped him in his day-to-day business decision because this man is a very successful businessman.
Assuming that this person (borrower) went to the bank for a loan and presented this information, the chance of getting a loan is not likely; time is valuable for business(wo)men, rarely can they give anyone matter the attention it deserves, this is especially true of bankers, venture capitalists, and other investors who are inundated with business plans and proposals, a typical venture capitalist can expect to see more than 1000 business plans a year if not more.
Most people don’t read, mainly because they don’t have time, so it’s crucial to make your plan compelling the first couple of minutes, according to Andrew Anker, Venture Capitalist, “The first thing I read are the first two paragraphs of the executive summary. They’ve got to get that right. If they can’t describe it in two paragraphs, if I can’t be dragged in, there’s no way the next five million people can be dragged in. It doesn’t take more than a minute to decide whether a business is interesting.”
Interest statement, just one minute and here, you might spend five months preparing your plan, the cold, hard fact is that an investor or lender can dismiss it in less than five minutes. If you can’t make a positive impression in those critical first five minutes, your plan will be rejected. Only if it passes that first cursory look will your plan be examined in greater detail. The most important aspects of your plan must jump out at even the most casual reader. Even if your plan is intended for internal company use only, it will be more effective if it’s presented in a compelling, vivid form; highlighting specific facts, goals, and conclusions makes your plan easier to review, more effective as a working document, and increases your chances of making a positive impact.
I think in the above situation, since the restaurant is already established, if presented differently, then the chance of getting a loan might be greater, if not from him maybe from his friends, he knew and is a good friend of the president of a local financial institution, but the information was so poorly presented, no wonder he is in a financial bind.
Most lenders primarily look for answers to questions such as, is the business idea solid? Is there a sufficient market for the product or service? Are the financial projections healthy, realistic, and in line with the investor’s or lender’s funding patterns? Is key management described in the plan experienced and capable? Does the plan clearly describe how the investors or lenders will get their money back? Within the first five minutes of reading your business plan, readers must perceive that the answers to all these questions are favorable.
If you’ve guessed that this borrower is a Laotian man, you’re correct, but that’s not an important factor because if his plan and presentation were good, then it’d be considered.
Do you find yourself developing a business plan because someone else wants you to do so? Perhaps the bank is requiring it before giving you a loan, or an investor or venture capitalist needs one to decide whether to finance your business, maybe your attorney or accountant said you must have one, or your company president requires a strategic plan for your new division.
I guess these are good reasons enough, but entrepreneurs are self-motivated people, used to setting their own goals and determining their own tasks. They undertake endeavors not merely to please others, but because they understand the importance of an activity in reaching their overall objectives, but creating a business plan only as a response to someone’s request makes the process seem like a burden instead of an opportunity.
Meeting needs is the basis of all business. You can create a wonderful new machine, but if it doesn’t address some real and important need or desire people won’t buy it, and your business will fail. Even Thomas Edison recognized this fact when he said, “Anything that won’t sell, I don’t want to invent.”
Typically, entrepreneurs get their original business inspiration from one of four sources, such as previous work experience; education or training; hobbies, talents, or other personal interests; or recognition of an unanswered need or market opportunity. Occasionally the motivation comes from the business experience of a relative or friends.
When I saw a photo of this man on Thairath news, 9/4/07, a 39 year old man who was wearing over 1000 amulets of Jatukarm Ramathep lucky charm at the ceremony of the making of the new edition, this is what they called a number one fan, but I’m sure he is not the only one, the majority of Thai citizens are head over heals for these amulets.
Since I wrote a post on “Laser Art of the Jatukarm Ramathep Lucky Charm,” I do have to say that this has been one of my top ten posts since July 2007 and it has been very consistent. I posted a history on “The Legend of Jatukarm Ramathep” and hoping that it gave you some idea as to who this famous Jatukarm Ramathep talisman.
Not too long ago, my dad received a Buddha statue from a local temple where he keeps on his Buddha Mantle, I remember that he didn’t use the term purchase, more like ‘Bu Sar’ or donation, and in return received a Buddha statue as a gift.
Formerly in Thailand, Buddhist amulets were not traded, but were gifts offered by monks to the donors, and meditation masters to their disciples. It’s not as that anymore, when did this all changed. It was the crisis of the Indochina War between Thailand and France in 1941 that gave birth to the amulet market, as many soldiers and volunteer recruits sought the power of protection and invulnerability in battle. After the war, the demand for amulets (boosted by stories of their miraculous powers of protection) persisted and even extended to include all kinds of portable sacred objects. Over the past 50 years, the market has grown hand-in-hand with capitalism in Thailand. [1]
The Jatukarm Ramathep is, however, a special case as it is not directly related to the sacred Triple Gems. From its very name, it is a pair of twin gods, the guardians of the Phra Dhaat(u) of Nagor Sri Dharma Raj, the largest and most sacred pagoda of Nakhon Si Thammarat province in southern Thailand. The first generation of the amulet of this god(s) was produced for the first time three decades ago. But for some unknown reason, the twin gods were caste in the shape of one god with a demonic appearance. It was not a god in Buddhism, but rather a demon with many arms surrounded by eight other demons or Rahu (Asura).
I think I must have contracted a disease from ‘ma-noy’ K (‘ma-noy’ means ‘brother’ in his province) from reading his post, ‘Postsecrets: Looks like I’m wearing a panty’. I’m not one to go shopping at the mall but after reading him saying that ‘I think it’s a disease that sometimes I cannot stop spending my money unwisely.’, I’m beginning to see why, and totally agree with him, I might have contracted this disease just by reading, you’ll see what I’m talking about.
I was bored, so I went to the mall during my lunch break, didn’t have anything particular in mind that I need to buy until I saw a Summer Breeze stand; they sell Rainbow Sandals. I remember one of my co-workers told me in the past that I have to get one, because it’s so me. I’ve never seen them before so walked around the stand twice, and stopped at the lady section.
I asked to try them on, a size M in black, and I can’t believe they were too small, I do have long feet for an Asian person, so I asked for a size L (size 7 ½ – 8 ½), which feel somewhat odd because I’ve never buy anything in a size L before. The sales person asked if I want the single stack or double stack, I thought for a moment, since I want to be tall, so I asked for a double stack. They were a bit narrow, but since my feet are thin, they look okay. I decided to make my purchase.
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