Strategy to succeed in Business

DAVID Chua

He is also the head of KL trend homes and the founder of Ultimate Breakthroughs. Chua now trains entrepreneurs, professionals, business owners and salespeople on proven systems and strategies designed to help achieve the success they want in life. Chua now closely works with his partner Li Chun Young, a leadership and life makeover coach who is also passionate to train many young entrepreneurs and students to help them discover their passion and create a game plan.

What are the common mistakes Gen Y entrepreneurs make?

What are the skills needed to succeed or make a business work?

Talk to us more about branding and positioning?

How important is selling?

What about mindset?

What are your views on startup business?

Where can we learn more?

DAVID Chua dispels some of the many mistakes the Generation Y make. A Gen Y himself, coming from a family with a major business background and being a businessman himself, Chua is also featured in many media news. He is also the head of KL trend homes and the founder of Ultimate Breakthroughs.

What are the common mistakes Gen Y entrepreneurs make?

A lot of these young adults want to be successful and think that starting a business or joining a networking company will always be the answer. In fact, it is not. I believe the biggest mistake is they never gain the time to learn the right skills needed to succeed.

What are the skills needed to succeed or make a business work?

They are many factors, but one of the few, which is also the most important, is the ability to brand and position oneself, the ability to sell and also to have the mindset to handle success.

Talk to us more about branding and positioning?

When it comes to branding and positioning, you need to be able to position yourself as an expert or an authority. What you say, the way you approach someone, how you handle yourself online, the way you dress is all about the image of how someone perceives you.

How important is selling?

Whether you’re an insurance agent or network marketer talking to someone, or an entrepreneur pitching a proposal, you’re selling an idea, product or service.

Talking to your loved ones, you’re still selling your point of view.

Even in a job, you’re still selling yourself, so you can get a promotion.

Selling is a way of life since the ages of bartering and in this turbulent economy it is an essential skill to have.

What about mindset?

Gen Y, and in fact, everyone who wants to succeed in a business or in life need to have a strong mindset to not just handle failure in the face of adversity but also be able to persevere during the tough times. I suggest pursuing courses that strengthen their psychology and way of thinking.

What are your views on startup business?

For me, the mistake I see most entrepreneurs do is that they go with the trend of whatever is popular.

When you start a business, you want to stand out and be different.

You also need to be so good at delivering results or the service that you literally crush all your competitors and dominate an industry.

In business it’s all about cashflow, so if you can dominate an industry, cashflow will never be an issue.

In business, it’s good to think about the social impact of things – helping people, making a difference.

My advice to young entrepreneurs is what I’ve learnt from one of my mentors T. Harv Eker:

“The sole purpose of running a business is to make money, if you aren’t making money go run a charity.”

Where can we learn more?

I will be doing an event in March and April, and scholarships will be given out to those curious to know more.

Just contact my team at Success@ UltimateBreakthroughs.com or visit www.ultimatebreakthroughs. com.

Chua said, “The reason I can do what I do now is because I had the right knowledge and skills and applied it.

“Now I not only released two books, Raving Fan Customers and How to Sell to Anyone, but am also finishing up another called Millionairehood.”

Chua now trains entrepreneurs, professionals, business owners and salespeople on proven systems and strategies designed to help achieve the success they want in life.

Chua now closely works with his partner Li Chun Young, a leadership and life makeover coach who is also passionate to train many young entrepreneurs and students to help them discover their passion and create a game plan.

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